Fathom vs Speechmatics
Fathom
fathom.aiSpeechmatics
speechmatics.comSide by side
| Figure | Fathom | Speechmatics |
|---|---|---|
| Price from | $15/mo | $0.01/mo |
| Free plan | Yes | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | Yes |
| macOS | Yes | Yes |
| Linux | — | Yes |
| iOS | Yes | — |
| API | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 9 | 12 |
| Spec score · Speech-to-Text Software | 9.3 (#1) | 8.9 (#9) |
| Spec score · Audio Transcription Software | 9.2 (#2) | 8.8 (#15) |
| Spec score · Transcription tools | 9.1 (#4) | 9.2 (#2) |
| Funding news | TechCrunch reported on January 24, 2022 that Fathom raised $4.7 million in seed funding. | Speechmatics announced a £6.35 million Series A round led by AlbionVC on October 21, 2019. |
| Integrations | Listed integrations include Zoom, Google Meet, Microsoft Teams, Slack, Notion, Asana, HubSpot, Salesforce, Zapier, Make, ChatGPT and Claude. | Official integration documentation lists LiveKit, Pipecat, Vapi and Zapier. |
| Languages | Native transcription and summaries support English, Spanish, Dutch, French, Italian, German and Portuguese on Premium and Team plans. | The service advertises speech recognition in more than 55 languages, including mixed-language conversations. |
| Rating on Capterra | 5.0 out of 5 from 809 reviews. | 4.5 out of 5 from 2 reviews. |
| Rating on G2 | 5.0 out of 5 from 7,064 reviews. | 4.7 out of 5 from 74 reviews. |
| Rating on Trustpilot | 4.8 out of 5 from 286 reviews. | 3.0 out of 5 from 2 reviews. |
| Security | Fathom states that it is SOC 2 Type II audited, GDPR aligned and HIPAA compliant, with SSO and SCIM on team plans. | Speechmatics states it is ISO/IEC 27001:2022 accredited, GDPR compliant, HIPAA compliant and SOC 2 Type II certified. |
| What it does | Fathom captures meetings and turns them into searchable transcripts, summaries, decisions and action items. | Speechmatics provides APIs for real-time and batch speech-to-text, text-to-speech and voice-agent applications. |
Plans
Fathom
- FreeFree
- Premium$16 a month
- Team$15 a month
- Business$25 a month
- FreeFree
- Team$15 a month
- Premium$16 a month
- Business$25 a month
- EnterprisePriced on request
Speechmatics
- FreeFree
- Text to Speech$0.01 a month
- Text to Speech$0.01, paid once
- Melia 1$0.12, paid once
- Melia 1$0.12 a month
- Oak 1 Medical$0.15, paid once
- Oak 1 Medical$0.15 a month
- Standard$0.23 a month
- Standard$0.23, paid once
- Enhanced$0.38 a month
In their own words
Fathom
Fathom captures and transcribes meetings on Zoom, Google Meet, and Microsoft Teams. It can use bot or bot-free capture, then provide transcripts, summaries, and action items. The free plan includes unlimited recordings and transcriptions, instant AI call summaries, clips, playlists, and search. Fathom lists support for 38 transcription languages, speaker labels, and calendar integrations. Paid plans add advanced summaries, AI-generated action items, a conversational meeting assistant, or a custom meeting bot. The Free plan is free forever. Premium costs $16.00 per month with annual pricing. Team is $15.00 per month and Business is $25.00 per month, both with a two-user minimum and annual pricing. The pricing note lists paid plans from $15 per user per month on an annual basis. Enterprise has no listed price and includes organization-wide security controls, SSO and SCIM provisioning, custom data retention programs, and dedicated support options.
Speechmatics
Speechmatics provides APIs for speech-to-text, voice agents, and text-to-speech, processing recorded files or live audio. Speech-to-text supports more than 55 languages, including conversations that switch languages mid-sentence. The company says real-time transcription can return results in less than one second; speaker diarization and custom vocabulary support speaker identification and specialized terms. Listed uses 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. The service is available through API and on Linux, macOS, Windows, web, and self-hosted platforms. The free plan provides $100 in credits, requires 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 compliant, HIPAA compliant, and SOC 2 Type II certified. It says data is encrypted at rest with AES 256 and in transit using TLS 1.2 or higher.