# Amberscript

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/amberscript-b-v

- Industry: Software
- Headquarters: Amsterdam, Netherlands
- Website: www.amberscript.com
- Total disclosed funding: $10M
- Latest round: Series A (Nov 4, 2021)
- Investors on record: 2

## About

Amberscript B.V. specializes in audio and video transcription services, leveraging artificial intelligence alongside a team of professional transcribers to deliver high-quality text outputs for diverse sectors.Founded in 2017, Amberscript B.V. is based in Amsterdam, Netherlands, and provides transcription services utilizing both AI and human expertise. The founders, Peter-Paul de Leeuw and Timo Behrens, established the firm to address the growing demand for accurate and efficient transcription solutions. The company has completed 3 funding deals, with its latest funding round, a Series A in November 2021, raising EUR 8.65 million led by Endeit Capital, bringing the total amount raised to EUR 8.65 million.Amberscript's primary offerings focus on audio and video transcription services, leveraging advanced artificial intelligence and a network of professional transcribers to deliver high-quality text outputs. The company's solutions include machine-made transcription, which utilizes AI to generate initial transcripts with an accuracy rate of approximately 85%, and human-made transcription that offers over 99% accuracy for clients needing precise documentation. Additionally, Amberscript provides subtitling services—both automated and human-edited—to enhance video content accessibility. The end users of these services range from filmmakers and production companies to educational institutions, legal firms, and government organizations, all requiring efficient transcription and subtitling to meet various operational and compliance needs. Amberscript distributes its products primarily across Europe, catering to a diverse clientele in multiple languages, with a strong emphasis on GDPR compliance and data security.Amberscript generates revenue through a mix of transaction structures, including subscriptions, partnerships, and direct-to-consumer sales. Clients can engage with the company on a pay-per-use basis for their transcription and subtitling services, where charges are typically based on the duration of audio or video content. The pricing for machine-made transcription starts at a specified rate per minute, enabling customers to choose between rapid AI-generated drafts or more refined human-made transcripts. Additionally, Amberscript offers a Speech-to-Text API, which can be integrated into clients' existing technology stacks, thus facilitating recurring revenue through software licensing. The diverse range of offerings, including flagship products like their high-end transcription and subtitling services, positions the company to cater to both individual users and larger organizations, ensuring a steady flow of transactions across various market segments.In November 2021, Amberscript B.V. raised EUR 8.65 million in Series A funding led by Endeit Capital. The funding will be used to accelerate product development and expand into new European markets, including the UK. Amberscript is focused on enhancing its service offerings and launching new products aimed at improving transcription and subtitling capabilities.

## Funding rounds

- Series A, Nov 4, 2021, $10M — Endeit Capital
- Seed, Jan 1, 2018 — VentureBuilders Capital

## Investors

- VentureBuilders Capital (https://capitalatlas.ai/funds/venturebuilders-capital) — Seed
- Endeit Capital (https://capitalatlas.ai/funds/endeit-capital) — Series A