Steno Secures $49M Series C Funding to Revolutionize Legal Tech and Court Reporting

Headtopics
Steno raises $49 million in Series C funding to expand its court reporting platform and AI transcript tools.

Summary

Steno, a company specializing in court reporting and litigation support services, has raised $49 million in a Series C funding round led by First Round Capital, with continued participation from The Legal Tech Fund and other strategic investors. The new funding will be used to accelerate growth and expand technology-driven offerings for the legal industry. "Today's investment marks a major milestone in Steno's journey as we work to combine personalized service with the latest technology," said Prabhdeep Singh, chief operating officer of Steno. The company aims to scale operations nationwide, enhance its proprietary platform, and further integrate technology into traditionally manual legal processes. "Because we operate as both a world-class services provider and a tech company, we have a unique advantage: We live inside litigation workflows every day," said Greg Hong, chief executive of Steno. Founded in 2018, Los Angeles-based Steno is at the forefront of the court reporting and legal technologies industry, providing attorneys with innovative tools to overcome technological and financial hurdles in litigation.

(Source:Headtopics)

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