Steno, a Los Angeles-based company specializing in legal tech solutions, announced a $49 million round of Series C funding spearheaded by Savano Capital Partners. The company provides attorneys with court reporting and litigation support services that help them overcome financial and technological challenges involved with proving their cases.
“We’ve already redefined transcript analysis with Transcript Genius, launched the first modern marketplace for court reporting professionals to manage their careers and made remote litigation easier with Steno Connect,” Prabhdeep Singh, Steno’s COO, said in a statement. “Now, we’re finding new ways for lawyers to work with testimony and case data. Our goal is to expand beyond simple automation, providing a unified platform where data-informed AI and expert litigation support work together to solve the complex challenges law firms face daily.”
Equipped with its new venture capital, Steno plans to invest in expansion and further developing its litigation technology offerings. The money enables Steno to enter new markets and increase its reach within top-ranking law firms.
