Pricing
Pay for audio, not seats.
Transcripts cost $0.06 an hour of audio, or $0.08 with a speaker on every line. Buy prepaid credit, with no subscription and no minimum.
Avencera prices
| Model | Transcript | With speaker labels |
|---|---|---|
| Parakeet v2 English | $0.06 / hour | $0.08 / hour |
| Parakeet v3 25 European languages | $0.07 / hour | $0.09 / hour |
Compare the monthly cost
At 100 hours a month, Avencera costs $8.00. The next cheapest, Soniox Async, costs $9.75.
| Provider | Per hour | Per month |
|---|---|---|
| Avencera Parakeet v2 | $0.08 | $8.00 |
| Avencera Parakeet v3 | $0.09 | $9.00 |
| Soniox Async Billed by tokens, about this much per hour of speech. | $0.098 | $9.75 |
| Gladia Solaria-3 | $0.168 | $16.79 |
| AssemblyAI Universal-2 | $0.17 | $17.00 |
| Microsoft Azure Speech batch transcription | $0.18 | $18.00 |
| Rev Reverb | $0.20 | $20.00 |
| pyannoteAI STT Orchestration Developer plan | $0.213 | $21.27 |
| ElevenLabs Scribe v2 | $0.22 | $22.00 |
| AssemblyAI Universal-3.5 Pro | $0.23 | $23.00 |
| Speechmatics Melia 1 | $0.24 | $24.00 |
| Deepgram Nova-3 Pay as you go plan | $0.258 | $25.80 |
| OpenAI gpt-4o-transcribe-diarize Billed by tokens, about this much per hour. Retires February 2027. | $0.36 | $36.00 |
| Amazon Transcribe | $0.36 | $36.00 |
| Google Cloud Chirp 3 | $0.96 | $96.00 |
List prices for pre-recorded audio from each provider’s pricing page, checked October 23, 2026, before free credits, discounts, or contracts. A plan with a monthly fee costs at least that fee. Euro prices are converted at $1.12. Avencera prices apply when the API opens.
Accuracy
More accurate than Whisper
Parakeet v2 averages a 6.02% word error rate on the Hugging Face Open ASR Leaderboard, against 7.64% for Whisper Large v3 Turbo and 7.16% for Whisper Large v3.
Ahead of Deepgram Nova-3
Artificial Analysis measured a 4.5% word error rate for Parakeet v3, hosted by Together AI, against 5.2% for Deepgram Nova-3 and 5.9% for Rev.
Close to OpenAI, for less
On the same leaderboard, Parakeet v2 is within 0.1 points of OpenAI gpt-transcribe, which scores 5.96% and costs over four times as much an hour.
Lower is better. Leaderboard results as of October 21, 2026, and Artificial Analysis results as of October 23, 2026.
Get an email when it opens
The API isn’t open yet. We’ll email you when you can create a key.