Deepgram
Deepgram is the pick when you are building the pipeline yourself and the per-minute number matters: streaming Nova-3 at under half a cent a minute, published rates for every model and mode, and a $200 credit that does not expire make it easy to size a bill before signing anything. It is an API, not a product — there is no transcription app to hand to a non-developer, and the voice agent tier is priced per connected minute, so idle sessions cost money.
Pros
- Rates are public down to a fraction of a cent, per model and per mode
- $200 starting credit with no card and no expiry is enough to benchmark seriously
- Streaming and batch share one API, and the Voice Agent API saves wiring STT, LLM and TTS together
- Founded 2015 and Series C funded, with self-hosted deployment on enterprise terms
Cons
- Streaming rates are marked as limited-time promotional, so the published number may rise
- Voice Agent minutes are billed on WebSocket connection time, including silence
- Growth pricing starts at a $4,000 annual prepay, with nothing between pay-as-you-go and that