Deepgram Raises $130M at $1.3B Valuation and Buys a YC AI Startup

Deepgram Raises $130M at $1.3B Valuation and Buys a YC AI Startup

Deepgram Raises $130M at $1.3B Valuation to Power the Future of Voice AI Voice AI is no longer a futuristic concept—it’s transforming how businesses interact with customers today. In a major vote of confidence for the sector, Deepgram has secured $130 million in Series C funding at a $1.3 billion valuation. The round, led by AVP, signals growing enterprise demand for accurate, scalable speech recognition and generative voice technologies across sales, customer support, and marketing workflows. Credit: Carol Yepes / Getty Images Why This Funding Round Matters Now The timing couldn’t be better. As companies scramble to cut costs while improving customer experience, voice AI offers a rare win-win: automating repetitive interactions without sacrificing quality. Deepgram’s latest raise—bringing its total funding to over $215 million—comes amid a surge in investment across the voice AI landscape. Just last year, rivals like Sesame, ElevenLabs, and Gradium pulled in hundreds of millions, undersc…