Total amount raised
$30.4 Millions
Latest funding date
07/01/2017
Location
Rev has established itself as a leading voice platform, offering a range of transcription services including AI and human transcription, closed captions, and global subtitles. The platform caters to various industries such as legal, healthcare, education, and journalism.
Keep reading to explore the intricacies of Rev's fundraising journey and the investors backing this innovative platform.
What Is Rev?
Rev is a prominent voice platform specializing in transcription services, including AI and human transcription, closed captions, global subtitles, and AI captions. The company operates in the transcription and speech-to-text industry, serving sectors such as legal, healthcare, journalism, and education.
Rev is known for its high accuracy rates, with AI transcription achieving over 96% accuracy and human transcription exceeding 99% accuracy. Trusted by leading law firms, court reporting agencies, global news organizations, and over a million users, Rev emphasizes security and compliance, making it a reliable partner for sensitive and critical transcription needs.
How Much Funding Has Rev Raised?
- Series A
- Amount Raised: $4.5M
- Date: December 2011
- Lead Investors: Globespan Capital Partners
- Series B
- Amount Raised: $10M
- Date: October 2013
- Lead Investors: -
- Series C
- Amount Raised: $10M
- Date: December 2015
- Lead Investors: -
- Series D
- Amount Raised: $5.9M
- Date: July 2017
- Lead Investors: -
In total, Rev has raised $30.4M across all funding rounds.
Key Investors
- Globespan Capital Partners
- Details: Globespan Capital Partners is a venture capital firm that invests in early and growth-stage technology companies. They have a strong track record of supporting innovative startups.
- Investment Focus Areas: Technology, Software, Internet
- Notable Investments: Netezza, JBoss, Pirus Networks
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