Voice

Deepgram Nova

Fastest and most accurate speech-to-text

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★4.6ratingPricing · FreemiumHot
The FalcoScan Intel PanelDeepgram Nova · Voice
Data updated 1 November 2026
Opportunity
Moderate
Band
Saturation
Open
Band
Wrapper risk
Low
Band
Momentum
Hot
Market trend
Rating
4.6
of 5 · FalcoScan rating

Voice AI has a narrow moat on average, from the moat scores of its rated products. What protects Voice AI tools, and the widest moats

The Brief

What Deepgram Nova does

Nova-3 is 3x faster and 30% more accurate than Whisper — real-time and batch transcription via API.

How Deepgram Nova compares with its closest alternatives

All 5 closest alternatives have a free plan, as Deepgram Nova does. All 5 offer an API, as Deepgram Nova does. Deepgram Nova was founded in 2015; the alternatives were founded between 2006 and 2023, 1 of them earlier. Deepgram Nova is based in San Francisco, United States; 2 of the 4 alternatives with a known headquarters are in the United States too, and the others in the United Kingdom and Portugal.

Market position · Voice

How Deepgram Nova compares in Voice

Deepgram Nova has moderate opportunity and sits in the middle third of 306 live Voice tools on FalcoScan. Across Voice, the average opportunity score is 66.1 and the average saturation score 41.2. FalcoScan rates Deepgram Nova's own market position as open. 92 of the 306 operating Voice tools have hot momentum, and FalcoScan has recorded 11 shutdowns in the category.

Deepgram Nova compared with its closest alternatives
ProductOpportunitySaturationPricingPricing fromFree planAPIPlatformsMomentum
Deepgram NovaFounded 2015 · San Francisco, United StatesModerateOpenFreemium—YesYesAPIHot
Speechmatics ASRFounded 2006 · Cambridge, United KingdomModerateOpenFreemium—YesYesAPIRising
LiveKitFounded 2021 · San Francisco, United StatesHighOpenFreemium—YesYesAPIHot
Neets TTSFounded 2023 · San Francisco, United StatesModerateOpenFreemium—YesYesAPIRising
Sieve MediaFounded 2022ModerateOpenFreemium—YesYesAPIRising
Mubert TracksFounded 2017 · Lisbon, PortugalModerateOpenFreemium—YesYesWeb, APIStable

Exact opportunity and saturation scores for all 6 of these, and where each ranks in Voice.

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What it ships with

Capabilities & who uses it

The capabilities Deepgram Nova exposes to builders and the verticals it currently serves.

AI Capabilities
Voice
Industry Verticals
TechnologyHealthcare
Tagged

Deepgram Nova shows up when builders search for these

sttfastaccurate
Similar tools · Voice

Alternatives to Deepgram Nova

Products still running that do the same job, from the voice market and related ones, closest match first.

See the Voice market
Voice
Speechmatics ASR

Most accurate multilingual speech recognition

★ 4.4Opportunity Moderate
Freemium
Voice
LiveKit

Open-source real-time infrastructure for AI

Opportunity High
Freemium
Voice
Neets TTS

Ultra-low-latency text-to-speech API

★ 4.3Opportunity Moderate
Freemium
Voice
Sieve Media

AI video and audio processing APIs

★ 4.3Opportunity Moderate
Freemium
Voice
Mubert Tracks

AI music streaming for developers and creators

★ 4.2Opportunity Moderate
Freemium
Voice
Whisper (OpenAI)

Open-source speech recognition model with industry-leading accuracy

★ 4.8Opportunity Moderate
Free
Featured in
Questions

Deepgram Nova: common questions

Is Deepgram Nova free?

Deepgram Nova has a free tier, with paid plans.

What are the best alternatives to Deepgram Nova?

The closest alternatives to Deepgram Nova that are still running, matched on the AI capabilities, uses and audience they share, are Speechmatics ASR, LiveKit, Neets TTS, Sieve Media, and Mubert Tracks.

Is Deepgram Nova still running?

Yes. As of 1 November 2026, FalcoScan lists Deepgram Nova as operating at deepgram.com.

Where is Deepgram Nova based?

Deepgram Nova is headquartered in San Francisco, United States.

Does Deepgram Nova have an API?

Yes. Deepgram Nova offers an API.

Who is Deepgram Nova for?

Deepgram Nova is built for developers, enterprises, and call centers.

How do I sign in to Deepgram Nova?

Sign in on Deepgram Nova's own website, deepgram.com. FalcoScan reviews Deepgram Nova but does not run its accounts, so logins, passwords and billing are handled by Deepgram Nova directly.

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