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Speechmatics pricing

Speech-to-text API provider offering real-time and batch transcription in 55+ languages, with cloud, on-prem and on-device deployment.

AI transcription softwareFree planPriced per minuteSelf-serve + sales
Visit SpeechmaticsPrices checked Oct 29, 2026

How much does Speechmatics cost?

Usage price from $0.24/minute
Free plan
Yes
Usage price
$0.24/minute
Enterprise
Contact sales

In your favor

  • Free plan. $100 in credit with no card required; if on the free tier, API access pauses once credits run out. Limited to 2 concurrent real-time sessions.

Watch out for

  • Extra usage is billed. Overages billed at end of month: discounted rate on subscription, base rate if card on file.

How you buy and get started

Self-serve + salesButtons on their site: Get started free, Contact sales, Start free • $100 in credits, Speak to Sales
Sign up
Self-serve signup with no card required
"Start with $100 in credit, no card required."
Setup
Create an API key and connect via SDKs
"Create your key, connect your workflow and bring accurate speech-to-text API performance into your product."
When sales steps in
Enterprise features (on-prem, on-device, unlimited concurrency, SSO add-on) require contacting sales
"On-prem containers, virtual appliances, hybrid deployments and on-device are all available on Enterprise. Contact sales to learn more"
Support
Free: community and docs; Pro: portal chat and email; Enterprise: dedicated CSM and Solutions Engineer
"Free: community support and docs. Pro: portal chat and email support. Enterprise: a dedicated Customer Success Manager and Solutions Engineer."

What Speechmatics does

Speechmatics sells speech-to-text APIs (pre-recorded and real-time), plus text-to-speech and a voice agent model, billed by usage credits. It offers a free $100 credit start, self-serve pay as you go, credit packs and subscriptions, and enterprise contracts with on-prem and on-device options.

Good for
Developers and enterprises building transcription, live captioning, voice agents, contact center analytics, medical and legal transcription, and meeting platforms.
Channels
API, Web portal, On-prem containers, On-device
Main product
Speechmatics Speech-to-Text API
Also includes
Real-time and pre-recorded transcription, 55+ languages with code-switching (Melia 1), Speaker diarization, Custom dictionary, Medical model (Oak 1), Voice agent model (Linden 1)
Connects to
LiveKit, Adobe Premiere, Stenograph CATalyst VP
Public API
Yes
MCP server
Not stated
  • Speaker identificationSpeaker diarization and custom vocabulary are included, so transcripts identify who's speaking and capture you
  • Multiple languages supportedTranscribe 55+ languages with a single model, even when speakers switch between languages naturally throughout
  • Live meeting transcriptionReal-time speech-to-text in 350ms
  • AI summaries and action items| Summaries | $0.12 / hr |
  • Human proofreading optionNot stated
  • API accessSpeech-to-text API built for every language and accent
  • Zoom, Teams, Meet integrationsNot stated
  • SOC 2 / HIPAA complianceHIPAA, GDPR, SOC 2 and ISO 27001 compliant, deployed on-device, on-prem or in the cloud.
  • Export and subtitle formatsNot stated
  • Custom vocabularySupports custom dictionary and advanced punctuation.

The same 10 checks appear on every tool in AI transcription software. Each tick quotes the vendor's own site.

Security and your data

QuestionTheir answerWhere it says so
Trains AI on your data?no"your data is never used to improve our models."pricing
HIPAA (signs a BAA)available"additional documents (such as our DPA and Sub-BAA) are available in the [Trust Center]"pricing
SOC 2SOC 2 Type II"Trusted where privacy matters most - SOC 2 Type II-certified."security
GDPRcompliant"Compliant with privacy and compliance directives such as the GDPR."security
CCPANot stated
PCINot stated
ISO 27001ISO/IEC 27001:2022"Privacy and compliance built in with our ISO/IEC 27001:2022 accreditation."security
Single sign-onEnterprise paid add-on, $280/mo"Paid add-on, $280/mo"pricing
Trust centerhttps://speechmatics.safebase.us/"View Trust Center"security

Security answers are the vendor's own claims, quoted. We don't audit them.

Every plan

PlanMonthlyBilled yearlyIncludedOver the allowanceWhere it says so
Free (sign-up credit) – – 100 credits – "Start with $100 in credit, no card required."
Pre-recorded Melia 1/ hr $0.24per minute – – – "**$0.24**/ hr"
Pre-recorded Enhanced/ hr $0.75per minute – – – "**$0.75**/ hr"
Pre-recorded Oak 1 Medical/ hr $0.30per minute – – – "**$0.30**/ hr"
Pre-recorded Standard/ hr $0.45per minute – – – "**$0.45**/ hr"
Real-time Melia 1/ hr $0.40per minute – – – "**$0.40**/ hr"
Real-time Enhanced/ hr $0.80per minute – – – "**$0.80**/ hr"
Real-time Linden 1 agent STT/ hr $0.30per minute – – – "~~$0.40~~**$0.30**/ hr"
Real-time Standard/ hr $0.45per minute – – – "**$0.45**/ hr"
Text to Speechper 1,000 characters $0.01per characters – 1e+06 characters – "ayment methods and discounts are covered under ways to buy. text to speech natural, low-la"
Enterprise Quote – Unlimited – "Custom pricing, unlimited files per second and real-time concurrency that adjusts to deman"

Free plan: $100 in credit with no card required; if on the free tier, API access pauses once credits run out. Limited to 2 concurrent real-time sessions.

Fine print

Auto renew
Not stated
Billed beyond usage
Overages billed at end of month: discounted rate on subscription, base rate if card on file.
"When your credits run out on a subscription, your overages will be billed at your discounted rate at the end of the month."
Billing increment
Per second
"your usage consumes them down to the second at an hourly rate."
Contract
Self-serve: standard terms of service; Enterprise: Master Services Agreement
"Standard terms of service"
Price change notice
Not stated
Refunds
Not stated

"Not stated" means we read their pricing page and terms and they don't say.

About the company

Legal name
Cantab Research Limited (trading as Speechmatics)
Address
One Cambridge Square, Milton Avenue, Cambridge, CB4 0AE, United Kingdom
Online since
May 10, 2006
Domain registration date
Founder
Dr Tony Robinson
Funding
IQ Capital invested at end of 2016
"IQ Capital invested into Speechmatics at the end of 2016"
Funding
Amadeus Capital Partners invested in late 2016
"which led to an investment in late 2016"
Customers
"Trusted by millions of users globally"
their claim
Backing
"Investors include Susquehanna Growth Equity, Albion VC, IQ Capital, Amadeus Capi"
their words

Speechmatics alternatives

Reviews elsewhere

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Questions

Is Speechmatics free?

Yes. $100 in credit with no card required; if on the free tier, API access pauses once credits run out. Limited to 2 concurrent real-time sessions.

Does Speechmatics train AI on your data?

No, according to Speechmatics: "your data is never used to improve our models."

Is Speechmatics HIPAA compliant?

Speechmatics says a HIPAA BAA is available.