WSJ The Wall Street Journal 8 Jun 2021 David Carnevali

Transcription Startup Verbit Tops $1 Billion Valuation, Eyes 2022

Transcription and captioning platform Verbit Inc. has notched a valuation of more than $1 billion in is latest financing as it gears up for a public listing as soon as next year.

The New York-based startup hit the valuation milestone as it raised $157 million in a Series D round. Venture-capital firm Sapphire Ventures led the financing with Third Point, More Capital, technology investor Omer Cygler, Azura and Icon Advisers participating as new investors.

The full article can be read on the WSJ site here.