Sumit-AI

Augmented Speech-to-text Platform

Business Software
Active
Pre-Funding Yeruham, Israel Founded 2020
Last updated 2026-07-20
Total raised
Stage
Pre-Funding
Founded
2020
Headcount
52
HQ
Yeruham, Israel
Sector
Business Software

About

Sumit-AI develops an augmented speech-to-text platform designed to enhance services such as transcripts, captions, and meeting summaries, particularly for less accurate automatic speech-to-text engines. The company's core technology focuses on improving the accuracy of automatic speech-to-text engines. Sumit-AI serves various markets, including government and city entities, particularly municipalities, as well as enterprise and professional services, with a specific focus on legal services. Its offerings span across the Business Software sector, encompassing IT, R&D, Data Solutions, and Operations Solutions. Sumit AI has been bringing speech to text since January 2021, bridging the gap between modern day time needs and the professional requirements of text communication. They specialize in Natural Language Processing (NLP) with a focus on high-accuracy Hebrew transcription, security, and seamless integration with organizational workflows.

Funding history · 1 round · — total

2022-01
Seed Undisclosed PitchBook
8200 EISP

Headcount over time

From 2 (2020-06) to 56 (2026-01) · +54 (+2700%) · 39 points · source: Finder history + radar grounding
560 2020-06 2026-01

Q&A

What is Sumit-AI's primary business?
Sumit-AI has developed an augmented speech-to-text platform designed for services such as transcripts, captions, and meeting summaries, with a focus on improving less accurate automatic speech-to-text engines.
When was Sumit-AI founded?
Sumit-AI was founded in September 2020.
How many employees does Sumit-AI have?
Sumit-AI has 51–200 employees.
What is Sumit-AI's current funding stage?
Sumit-AI is currently in the Pre-Funding stage.
Where is Sumit-AI headquartered?
Sumit-AI is headquartered in Yeruham, Israel, with an additional office in Herzliya, Israel.
Who are the founders of Sumit-AI?
The co-founders of Sumit-AI are Asher Knino (CEO), Shlomi Peretz (CTO), and Bar Levy (CPO).
What is a recent development for Sumit-AI?
In July 2026, the Ministry of Education implemented Sumit-AI's AI tools for transcribing and summarizing meetings.
What are Sumit-AI's primary target customer segments?
Sumit-AI targets Government & City, Municipalities, Enterprise & Professional Services, and Legal Services.

Team · 3

Asher Knino
Founder · Co-founder & CEO
Shlomi Peretz
Founder · Co-Founder & CTO
Bar Levy
Founder · Co-founder & CPO

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsSoftware Development ToolsOperations SolutionsLegal & Compliance Solutions
Technologies
Platforms & InterfacesMobileArtificial Intelligence
Target customers
Government & CityMunicipalitiesEnterprise & Professional ServicesLegal Services
Business model
B2GB2B

Highlights

Verified

Tags

legaltechmobile-applicationsproductivity
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitesumit-ai.com
LinkedInlinkedin.com/company/49152089
Facebookfacebook.com/sumit2020sumit

Identifiers & details

Legal nameSUMIT-AI LTD
Founded2020-9
Employees (exact)52
OfficesHerzliya

Radar intelligence

Web history (Wayback)

Domainsumit-ai.com

Certificate / subdomain footprint

Subdomains2

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)516248564
Statusפעילה
Corp typeישראלית חברה פרטית
Incorporated2020-09-03
Purposeלעסוק בכל עיסוק חוקי
Liabilityמוגבלת
In violation (unfiled)no
Last annual report2024
Active charges / liens3
Registry events3 — charge (3)
Registered addressנחל חתירה 7 ירוחם

Recent registry events

DateEvent
2025-10-20רישום שעבוד
2025-09-01רישום שעבוד
2025-09-01רישום שעבוד