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Rev

Speech-to-text platform with AI+human transcription

Overview

Rev provides transcription, captioning, and subtitling services by pairing AI with a large network of human freelancers (Revvers). Clients upload audio or video, Rev uses AI transcription and can route work to humans to balance speed and accuracy, offering human transcription, AI transcription, video captions, global subtitles, and the Rev.AI developer platform. It differentiates itself through its extensive freelancing network, the mix of AI and human workflows, its broad media, legal, and education reach, and strong security compliance (SOC 2 Type 2, HIPAA, GDPR). Its goal is to deliver accurate, accessible transcription and captions worldwide while expanding AI capabilities and providing end-to-end legal solutions such as deposition summaries.

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About Rev

Simplify's Rating
Why Rev is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningLegal

Company Size

1,001-5,000

Company Stage

Series D

Total Funding

$35M

Headquarters

Austin, TX

Founded

2010

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Simplify's take

What believers are saying

  • 2025 SmartDepo acquisition deepens Rev's legal-tech penetration.
  • 2026 legal product pages market SmartDepo as a standard add-on.
  • Rev added Austin staff and open roles in October 2026.

What critics are saying

  • Basic transcription faces pricing pressure from OpenAI Whisper and Google Gemini.
  • One open Austin product role in October 2026 signals limited hiring.
  • If legal AI summaries disappoint, law firms will revert to incumbents.

What makes Rev unique

  • SmartDepo ties Rev transcription to court-ready deposition summaries.
  • Rev combines human Revvers with AI, preserving accuracy and speed.
  • Austin hiring and remote-first operations keep overhead lean and distributed.

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Funding

Total Funding

$35M

Below

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Below Average

Industry standards

$77M
$5.9M
$50M
$70M
$80M
$100M

Benefits

  • Hybrid Work Options
  • Remote Work Options

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

0%
Legal Tech Monitor
Mar 19th, 2026
Rev CEO: solving ‘discovery bottleneck and burnout crisis' driving legal tech adoption.

Rev CEO: solving ‘discovery bottleneck and burnout crisis' driving legal tech adoption. March 19, 2026 Jason Chicola, CEO of Rev, which won the Legalweek Leaders in Tech Law Award for Innovations in Trial Technology, discusses his expectations for legal tech market consolidation and the rise of agentic AI offerings in legal tech platforms.

The Business Journals
Aug 18th, 2025
Rev.com expands Austin footprint | No site decision yet for Samsung's $17B plant

Tech company Rev.com is expanding its presence in Central Texas and plans to double its current employee count by the end of this year.

PR Newswire
May 12th, 2025
Speech-To-Text Api Market To Reach $5 Billion By 2024 In The Short Term And $21 Billion By 2034 Globally, At 15.2% Cagr: Allied Market Research

The global speech-to-text API market is experiencing rapid growth due to rising demand for voice recognition technology in smart devices and cloud-based services. Businesses are adopting these solutions to enhance productivity, accessibility, and customer experiences, driving further expansion.WILMINGTON, Del. , May 12, 2025 /PRNewswire/ -- Allied Market Research published a report titled, "Speech-to-text API Market - Global Opportunity Analysis and Industry Forecast, 2024-2034," valued at $5 Billion in 2024. The market is expected to grow at a CAGR of 15.2% from 2025 to 2034, reaching $21 Billion by 2034. Key factors fueling this growth include the increasing adoption of AI-powered voice recognition, demand for real-time transcription in healthcare and legal sectors, and the rise of voice-enabled smart devices. In addition, advancements in natural language processing (NLP) and cloud-based solutions are accelerating market expansion.Report Overview:The speech-to-text API market is driven by the rising demand for voice-enabled applications in smart devices, virtual assistants, and customer service automation

GlobeNewswire
Mar 24th, 2025
Rev Acquires SmartDepo for Legal AI

Rev, a leading speech-to-text company, has acquired SmartDepo, known for AI-powered deposition summaries. This acquisition combines Rev's >99% accurate transcription with SmartDepo's 100% accurate page-line citations, enhancing legal document solutions. The move aims to boost productivity and efficiency for law firms and court reporting agencies. SmartDepo's CEO, Isaac Manoff, will stay as an advisor, while CCO Ely Cohn becomes General Manager.

Rev
Feb 28th, 2024
Add Rev to Your AI Efficiency Toolkit Today

Following its world's trend towards AI-powered tools and technologies, Rev has launched its own services that hinge on AI as a productivity and efficiency booster.

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