# Deepgram

- Link: https://100xfounder.com/startup/deepgram/
- Published: 2024-01-01T00:00:00+05:30
- Author: Ishaan Vardhan

Deepgram is a voice AI company that sells its models to developers through APIs.
Its three main products are speech-to-text (turning audio into text, either live
or from recordings), text-to-speech, and a Voice Agent API that combines listening,
speaking and a language model to run a whole spoken conversation. The current models
are Nova-3 and Flux for speech-to-text and Aura for speech synthesis; Deepgram says
Flux is built for conversations and that its text-to-speech latency can be as low
as 80 milliseconds. Customers can use the models in real time or in batch, in Deepgram’s
cloud or self-hosted. Companies named on its homepage include Twilio, Cloudflare,
IBM, Sierra, Granola, Vapi and Decagon.

## Funding

On 13 January 2026 Deepgram announced a $130 million Series C at a $1.3 billion 
valuation, led by AVP. Existing investors including Alkeon, In-Q-Tel, Madrona, Tiger,
Wing, Y Combinator and funds managed by BlackRock joined, and Twilio, ServiceNow
Ventures, SAP and Citi Ventures were among the new investors. At the same time it
announced it had acquired OfOne, a voice AI company for restaurant drive-throughs,
whose technology now underpins Deepgram for Restaurants. TechCrunch reported co-
founder and CEO Scott Stephenson as saying Deepgram did not need the money and was
cash-flow positive the previous year.

## Pricing

New accounts get $200 of free credit with no card required, then pay as they go 
with no minimum and no expiry. A Growth plan, from $4,000 a year in prepaid credit,
cuts rates by up to 20%; Enterprise is custom. On pay-as-you-go, Nova-3 English 
speech-to-text costs $0.0043 a minute for recordings and $0.0048 a minute streaming(
multilingual: $0.0052 and $0.0058). Flux streaming costs $0.0065 a minute in English
and $0.0078 multilingual. Deepgram labels its streaming rates limited-time promotional
prices. Aura-2 text-to-speech costs $0.030 per 1,000 characters, and the Voice Agent
API $0.075 per minute of connection time.

_We have not tested Deepgram ourselves. This page brings together Deepgram’s official
site, its own announcements and reputable news coverage, plus the public pages of
the products it is compared with, and says where each fact comes from._