How Much Did The Record Raise?
Funding & Key Investors

The Record has successfully secured a significant capital injection, bringing its cumulative financing to $347K. This latest infusion of $197K represents a major strategic investment, underscoring the firm's robust operational capacity and its sustained relevance within the competitive legal services landscape. By leveraging this debt-based financing, the organization continues to solidify its market position as a premier provider of transcription and court reporting solutions in the Washington Metropolitan area.

What is The Record?

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

Operating under the core mandate of quality, timeliness, and cost-efficiency, The Record provides comprehensive transcription services tailored to the rigorous demands of the legal sector. The company specializes in handling complex technical subject matter, exhibit management, and multi-format audio-visual transcription. With a sophisticated management infrastructure, the firm ensures that court reporting and documentation services meet the high-stakes requirements of its longstanding client base. By maintaining a dedicated team of skilled professionals, The Record effectively bridges the gap between traditional court reporting and modern enterprise-grade documentation needs, serving as a critical partner for legal practitioners throughout Maryland and the surrounding region.

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 this recent capital deployment, The Record is positioned to further scale its service delivery infrastructure and enhance its technological capabilities. The strategic focus will likely center on optimizing contract administration and expanding the firm's footprint in the Washington Metropolitan legal market. As the demand for high-accuracy, rapid-turnaround transcription services grows, the company is well-equipped to leverage its established reputation and operational expertise to capture additional market share. Future growth initiatives will likely prioritize the integration of advanced workflow management tools to maintain the high standards of responsiveness that define the company's service philosophy.

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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.
See more information about The Record