Tom Livne
Founder & CEO
Verbit

(5.0)
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  1. In addition to possessing vast experience with every aspect of the tech startup lifecycle – particularly SaaS business models – Tom is a visionary leader, passionate about granting accessibility for all. He operates effectively by setting clearly-defined goals and entrusting a team of experts to help bring his vision to life. Tom also thrives by leading with purpose. For example, before entering the startup world, Tom had a successful career in law, where transcripts are essential. He often found himself dissatisfied with the slow turnaround time of transcriptions, but did not have the tools as a lawyer to tackle this issue head-on. Tom decided to pursue entrepreneurship over working as a legal advisor, which is when he founded Verbit, an AI-powered transcription and captioning platform that achieves over 99% accuracy rates by utilizing its world-leading hybrid platform: AI-driven automated transcription services coupled with hand-picked, professional transcribers. Tom’s laser-like focus has contributed greatly to the growth and success of Verbit, enabling it to support over 500 customers in the education, legal, media and enterprise sectors. Most recently, Verbit secured $157 million in Series D funding, giving the company a unicorn valuation of over $1 billion only four years after its inception. The funding will allow Verbit to hire 200 more people, expand into new verticals and continue employing a network of over 30,000 professional transcribers to achieve optimum accuracy and a turnaround time that is ten-times faster than the industry standard.

    Staff, submitted on

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