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Speechmatics

Cambridge, United Kingdom

What it is

Speechmatics provides speech APIs for speech-to-text, voice agents, and text-to-speech, working with recorded files or live audio. Speech-to-text supports more than 55 languages, including conversations in which speakers change languages mid-sentence. The company says its real-time transcription can return results in less than one second. Speaker diarization and custom vocabulary help identify speakers and capture specialized terms. Listed use cases include healthcare, voice agents, live captioning, contact center analytics, legal transcription, and meeting platforms. Deployment options include SaaS, multi-region cloud, on-premises containers and virtual appliances, on-device, and hybrid cloud with on-premises; availability varies by plan. It is available through API and on Linux, macOS, Windows, web, and self-hosted platforms. The free plan includes $100 in credits, needs no credit card, and allows two concurrent real-time sessions. Usage-based options include text-to-speech at $0.01 per once and transcription plans priced per hour. Speechmatics states it is ISO/IEC 27001:2022 accredited, GDPR and HIPAA compliant, and SOC 2 Type II certified. It also says data is encrypted at rest with AES 256 and in transit using TLS 1.2 or higher.

For and against

For

  • Speech-to-text supports more than 55 languages.
  • Real-time results are reported in less than one second.
  • Free plan includes $100 in credits.
  • Custom vocabulary and speaker diarization are included.
  • Multiple deployment options are listed.

Against

  • Free accounts allow two concurrent real-time sessions.
  • Deployment availability varies by plan.
  • Enterprise pricing is custom and not listed.

The verdict

Speechmatics covers recorded and live audio, with speech-to-text, voice-agent, and text-to-speech APIs. Review the per-hour transcription options and plan-specific deployment and concurrency limits before selecting an offering.

Who it suits

Speechmatics may suit developers and organizations building transcription, voice-agent, or text-to-speech workflows. Its varied deployment options and listed use cases also serve teams with different audio workloads.

Plans and prices

Text to Speech

$0.01usage-based

first 1 million characters free

Melia 1

$0.12usage-based

56 languages · multilingual code-switching

Oak 1 Medical

$0.15usage-based

medical model · multilingual clinical transcription

Standard

$0.23usage-based

lower-cost model · features of Enhanced · lower accuracy

Enhanced

$0.38usage-based

highest accuracy · selected language · custom dictionary · advanced punctuation

Free

Free

2 concurrent real-time sessions · 10 pre-recorded files per second · community, portal chat and email support

Enterprise

Priced on request

unlimited files per second · demand-adjusted concurrency · dedicated support · on-premises, on-device and hybrid deployment

Every plan, in full

On the record

API authentication
Every API request requires an API key and unauthenticated requests receive HTTP 401.docs.speechmatics.com · read 15 Oct 2026
Audio intelligence
The platform exposes sentiment, topic detection, summaries and automatic chapters for audio.github.com · read 15 Oct 2026
Automatic language detection
Melia 1 detects languages automatically and supports code-switching within one conversation.speechmatics.com · read 15 Oct 2026
Company
Speechmatics identifies itself as a private B2B SaaS voice AI provider founded in 2006 and headquartered in Cambridge, United Kingdom.speechmatics.com · read 3 Oct 2026
Company founded
Speechmatics was founded in 2006.linkedin.com · read 15 Oct 2026
Conversation features
Speaker diarization and custom vocabulary are included to identify speakers and capture specialized terminology.speechmatics.com · read 3 Oct 2026
Custom vocabulary
Custom dictionaries let customers add domain terms, names and acronyms to improve recognition.speechmatics.com · read 15 Oct 2026
Data logging
Pricing materials state that model-training data logging is disabled by default and that customers can choose US, EU or Australian processing locations.speechmatics.com · read 15 Oct 2026
Data protection
The security page says data is encrypted at rest with AES 256 and in transit using TLS 1.2 or higher.speechmatics.com · read 3 Oct 2026
Deployment
The pricing page lists SaaS, multi-region cloud, on-premises containers and virtual appliances, on-device, and hybrid cloud plus on-premises deployment options, with availability varying by plan.speechmatics.com · read 3 Oct 2026
Deployment choices
Speechmatics offers managed cloud, on-premises containers or virtual appliances, Kubernetes and on-device deployment.docs.speechmatics.com · read 15 Oct 2026
Documentation
The documentation site contains quickstarts, API references, model and language guides, deployment guides, billing, security and release notes.docs.speechmatics.com · read 15 Oct 2026
Encryption
The company says data is encrypted at rest with AES-256 and in transit with TLS 1.2 or higher.speechmatics.com · read 15 Oct 2026
Free credit
New accounts receive $100 in credit without requiring a payment card.speechmatics.com · read 15 Oct 2026
Funding news
Speechmatics announced a £6.35 million Series A round led by AlbionVC on October 21, 2019.speechmatics.com · read 15 Oct 2026
GPU requirements
The GPU inference container requires an NVIDIA GPU with at least 16 GB memory, 24 GB system RAM, CUDA support and Docker above 19.03.docs.speechmatics.com · read 15 Oct 2026
Headquarters and size
LinkedIn lists Cambridge, United Kingdom as headquarters and 51–200 employees.linkedin.com · read 15 Oct 2026
Integrations
Official integration documentation lists LiveKit, Pipecat, Vapi and Zapier.docs.speechmatics.com · read 15 Oct 2026

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