How Much Did The Record Raise?
Funding & Key Investors

The Record, a provider of transcription and court reporting services, has secured significant capital, with a total funding amount of $347K. The company recently announced a major strategic investment of $197K, underscoring its position in the market. This recent financing round, dated February 9, 2021, follows previous debt financing rounds, indicating a trajectory of sustained financial backing for its operations and expansion initiatives.

What is The Record?

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

Operating under the motto 'Quality Transcripts, On-Time Delivery, Reasonable Rates,' The Record, Inc. offers comprehensive transcription services across diverse technical subject matters, including exhibit handling and audio/videotape/CD transcription. The company emphasizes its experienced management team for contract administration and supervision, ensuring a high level of quality, timeliness, and responsiveness for its longstanding clientele. The Record provides court reporting services throughout Maryland and the Washington Metropolitan area, staffed by skilled reporters committed to professionalism, accuracy, and timely delivery. This client-centric philosophy has been the foundation of its business growth.

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

PPP

Public-Private Partnership

Undisclosed investor

Undisclosed investor participating in the funding round.

What's next for The Record?

With substantial backing, including a recent strategic investment, The Record is poised for continued growth and service enhancement. The company's focus on quality, timeliness, and reasonable rates, coupled with its experience in specialized transcription and court reporting, positions it well to capitalize on opportunities within the legal and corporate sectors. Future strategic initiatives are likely to involve expanding service offerings, enhancing technological capabilities for transcription and reporting, and potentially broadening its geographic reach to serve a larger client base. The sustained capital infusion suggests confidence in the company's business model and its capacity to scale operations effectively.

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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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