Deepgram Raises $130M Series C at $1.3B Valuation to Power the Voice AI Economy

Deepgram, a real-time API platform for Voice AI, has raised $130 million in Series C funding, elevating its valuation to $1.3 billion. This investment, led by AVP and joined by major existing and new investors, aims to expand Deepgram's capabilities in powering the Voice AI economy with reliable infrastructure for real-time, fully duplex, contextual conversations. The funding will support the launch of 'Powered by Deepgram,' the acquisition of OfOne to bolster real-time voice automation in restaurants, and the establishment of a new Voice AI Collaboration Hub in San Francisco. Deepgram's robust patent portfolio, which has been growing since 2016, underscores its leadership in deep learning architecture and deployment efficiency. The company offers a range of voice AI models, including Aura-2, Nova-3, Flux, and the Voice Agent API, which can be customized and deployed through cloud APIs or on-premises options. With over 1,300 organizations using its APIs, Deepgram is positioned to become a foundational player in the emerging trillion-dollar B2B Voice AI economy, offering seamless, low-latency, and human-like AI agent experiences.