How Much Did The Record Raise?
Funding & Key Investors

The Record has successfully secured a significant capital injection, bringing its total funding to $347K. This latest infusion, characterized by a $197K strategic investment, underscores the firm's robust position within the competitive legal transcription and court reporting landscape. By leveraging this financial backing, the organization continues to solidify its operational infrastructure, ensuring that its commitment to high-quality, timely, and accurate documentation remains a cornerstone of its service delivery model across the Washington Metropolitan area and the State of Maryland.

The trajectory of this financing reflects a deliberate strategy to maintain liquidity and support the scaling of its specialized transcription services. As the firm navigates the complexities of modern litigation support, this capital serves as a vital instrument for sustaining its reputation for excellence in technical subject matter handling and exhibit management.

What is The Record?

The Record
Media & InternetData Collection & Internet PortalsLaw Firms & Legal Services

The Record operates as a specialized provider of court reporting and transcription services, distinguishing itself through a rigorous adherence to quality, timeliness, and cost-effectiveness. The company serves a diverse clientele, offering comprehensive solutions that include audio and video transcription, exhibit handling, and professional court reporting. By maintaining a highly skilled team of reporters and a sophisticated management structure, the firm ensures that it meets the exacting standards required by legal professionals and corporate entities. Its market position is defined by a long-standing commitment to reliability, positioning it as a preferred partner for complex legal proceedings that demand precision and professional oversight.

How much funding has The Record raised?

The Record has raised a total of $347K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$197K

Debt (2020): $150K with participation from PPP

Debt (2021): $197K led by PPP

Key Investors in The Record

PPP

Public-Private Partnership

What's next for The Record?

With the recent influx of capital, The Record is well-positioned to enhance its technological capabilities and expand its service footprint. The strategic focus will likely shift toward optimizing its digital transcription workflows and further integrating advanced management systems to handle increasing demand for high-fidelity legal records. By prioritizing the modernization of its infrastructure, the company aims to reinforce its competitive advantage, ensuring that it remains at the forefront of the legal support industry. Future growth will be driven by the continued refinement of its service delivery, allowing the firm to scale its operations while maintaining the high level of responsiveness that its longstanding customer base expects in an increasingly digital legal environment.

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Frequently Asked Questions Regarding The Record Financial Insights

What are the most recent funding rounds that The Record has completed, and what were the funding rounds?
The Record has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 27, 2020.
What is the total amount of funding The Record has raised to date?
The Record has raised a total of $347K in funding to date.
How many funding rounds has The Record completed?
The Record has completed 2 funding rounds.
How much funding did The Record raise in its most recent funding round?
The Record raised $197K in its most recent funding round.
Who are the lead investors in The Record's latest funding round?
The lead investor in The Record's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in The Record's history?
The largest funding round in The Record's history was $197K.
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