SumitX

Sumit-AI develops an augmented speech-to-text platform designed to enhance services such as transcripts, captions, and meeting summaries.

Enterprise Software & Infrastructure
Acquired
Yerucham, Israel Founded 2021
Website ↗
Last updated 2026-08-22
Total raised
Stage
Founded
2021
Headcount
HQ
Yerucham, Israel
Sector
Enterprise Software & Infrastructure

About

Sumit-AI is transforming how professionals, organizations and public institutions handle meetings, using AI-powered transcription and smart meeting summaries - whether it's a Zoom call, a legal consultation or a boardroom discussion, the company automates the documentation, surfaces key takeaways and saves time of manual work.

Funding history · 1 round · — total

2026-01
Grant Undisclosed

Q&A

What is SumitX's primary business?
SumitX develops an augmented speech-to-text platform designed to enhance services such as transcripts, captions, and meeting summaries, leveraging AI-powered transcription and smart meeting summaries for professionals, organizations, and public institutions.
Who are the co-founders of SumitX?
The co-founders of SumitX are Asher Knino (CEO & Co-Founder), Shlomi Peretz (Co-Founder & CTO), and Bar Levy (Co-founder & CPO).
What is SumitX's primary sector?
SumitX's primary sector is Enterprise Software & Infrastructure.
Which technologies does SumitX utilize?
SumitX utilizes AI-based solutions for transcription, subtitle creation, translation, and meeting summaries.
Who are SumitX's target customers?
SumitX targets professionals, organizations, public institutions, government and city entities, municipalities, enterprise and professional services, and legal services.
Has SumitX received any funding?
Yes, SumitX received a Grant in January 2026.
Has SumitX been acquired?
Yes, SumitX was acquired in February 2026 by Ness A.T. Ltd., a subsidiary of Hilan Ltd.

Team · 3

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

Sectors & technology

Primary sector
Enterprise Software & Infrastructure
Technologies
Target customers
Business model
B2B
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitesumit-x.com

Identifiers & details

Founded2021

Acquisitions & public offerings

Acquired by 2026-02