Deepgram Raises $130M at $1.3B Valuation, Acquires YC Startup OfOne
Voice AI provider Deepgram secures massive Series C funding and acquires Y Combinator-backed OfOne to expand into restaurant voice ordering.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $130M |
| Stage | Series C |
| Valuation | $1.3 billion |
| Lead investor | AVP |
| Sector | Deepgram |
| Coverage | Startup Funding |
Voice AI provider Deepgram has raised $130 million in a Series C round led by AVP, valuing the company at $1.3 billion. The round also included an acquisition of YC-backed startup OfOne to expand into restaurant voice ordering.
The Funding Round
The Series C round attracted both existing and new investors:
Existing investors:
New investors:
Total raised to date: Over $215 million
The OfOne Acquisition
As part of its expansion strategy, Deepgram acquired OfOne, a Y Combinator-backed startup focused on AI-powered voice ordering for restaurants.
This acquisition positions Deepgram to:
Voice AI Market Explosion
Usage of voice AI in sales, marketing, customer support, and consumer applications has surged. Key drivers include:
Deepgram's Differentiation
What sets Deepgram apart:
What's Next
Deepgram plans to use the fresh capital for:
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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