Breaking
Steno closes $49M Series C led by Savano Capital Partners Prabhdeep Singh named CEO; co-founder Greg Hong moves to the board Total funding tops $150M since 2020 Transcript Genius brings generative AI to deposition transcripts Named finalist for Innovation in Tech/AI - The Recorder 2026 Thousands of law firms use Steno every month Steno closes $49M Series C led by Savano Capital Partners Prabhdeep Singh named CEO; co-founder Greg Hong moves to the board Total funding tops $150M since 2020 Transcript Genius brings generative AI to deposition transcripts Named finalist for Innovation in Tech/AI - The Recorder 2026 Thousands of law firms use Steno every month
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Company Profile · Legal Technology · Los Angeles

Steno

The court reporting network that decided software, financing and AI belonged in the same room as the stenographer.

Founded 2018 $156.5M Raised ~400 Employees Series C B2B Legal Tech

Steno's crest and wordmark. The Los Angeles company began as a workaround for a court reporting invoice and grew into a national litigation-support platform.

$49M
Series C (Mar 2026)
$150M+
Total Funding
1000s
Firms Served Monthly
15 min
Avg. Email Response
The Business

What Steno actually does

Steno sits in the unglamorous middle of a lawsuit. Not the courtroom argument, not the closing statement - the machinery underneath. When a law firm needs a deposition recorded, a witness transcribed, an interpreter booked, a video preserved, or a Zoom room turned into a defensible legal proceeding, Steno is the company that makes those things happen and stands behind the result.

Founded in Los Angeles in 2018, Steno is a tech-enabled court reporting and litigation support company. It runs a nationwide network of certified court reporters, videographers and interpreters, and wraps that human network in software: a remote-deposition platform called Steno Connect, a case-management Firm Dashboard, a deferred-payment product called DelayPay, and a generative-AI transcript tool called Transcript Genius. The pitch to litigators is simple - stop managing logistics, and go win the case.

It is a hybrid model on purpose. Plenty of startups have tried to automate the court reporter out of existence. Steno kept the reporter and built the tooling around them. That decision - trust plus software rather than software instead of trust - is the through-line of the entire company.

Origin Story

It started with an invoice

Steno's origin is refreshingly small. Co-founder Dylan Ruga was a plaintiff attorney who had opened his own firm, and he watched court reporting costs eat through his profit-and-loss statement. He asked a court reporting agency for payment flexibility - do the work now, pay when the case resolves. That single request became the seed of DelayPay, and DelayPay became the seed of Steno.

Ruga teamed up with Greg Hong and Dan Anderson, both from the technology world, and the trio built a company around a bet that court reporting could be run like a modern marketplace instead of a fax-and-voicemail business. Hong led Steno as CEO for over seven years.

Today's investment allows us to release a vastly improved, differentiated offering that stays ahead of anything else in the market.
Greg Hong · Co-Founder
Products & Services

One platform, five moving parts

Steno bundles services and software that most firms would otherwise buy from four or five different vendors.

Core Service · 2018

Court Reporting

Certified court reporters nationwide, plus videography, interpreters and equipment rental - backed by quality guarantees and dedicated account management.

Remote · 2020

Steno Connect

A remote and hybrid deposition platform built into Zoom, with integrated exhibit handling, in-room annotation and real-time transcript access.

Financing · 2019

DelayPay

Interest-free deferred payment that lets firms - especially contingency practices - postpone court reporting costs until a case resolves.

AI · 2024

Transcript Genius

Generative-AI transcript analysis that lets attorneys query, summarize and surface insights from depositions - offered free with depositions.

Platform · 2020

Firm Dashboard

A 24/7 hub for scheduling, file management and invoicing, with integrations to practice tools like Clio and Litify.

Who It Serves & Why

The customer and the pain

Who uses Steno

Law firms and litigators across the United States, from solo and contingency-fee plaintiff practices to large defense firms and the AmLaw 200.

  • Thousands of firms use Steno every month
  • Named clients include Panish Shea Ravipudi, Jacoby & Myers, Simon Law Group and Stalwart Law
  • Series C capital is aimed squarely at deeper AmLaw 200 penetration

The problems it solves

Litigators rarely lose sleep over the law. They lose sleep over logistics.

  • Reporters who do not show and exhibits that will not load
  • Invoices due long before a contingency case pays out
  • Hundreds of transcript pages no one has time to read
  • Remote proceedings that need to hold up as evidence
The Money

Funding and trajectory

Steno has raised roughly $156.5M since 2020, with First Round Capital and The Legal Tech Fund recurring across rounds.

RoundAmountDateLead / Investors
Series C$49MMar 2026Savano Capital Partners, First Round, TLTF
Series B$46MMay 2024First Round Capital, The Legal Tech Fund
Earlier~$61M2020-2022First Round Capital & others

Company snapshot

Approximate public figures
Total raised
$156.5M
Annual rev.
~$112M
Series C
$49M
Headcount
~400
Positioning

How Steno is different

The court reporting industry is dominated by large legacy providers - names like Veritext, U.S. Legal Support, Esquire, and Lexitas - and, more recently, by AI startups promising to transcribe and summarize depositions automatically. Steno's differentiation is that it refuses to pick only one of those lanes.

On one side, it competes with legacy agencies on service and technology: a 24/7 dashboard, a 15-minute average email response time, and a modern marketplace for the reporters themselves. On the other, it competes with pure-AI entrants by keeping certified human reporters in the loop and treating Transcript Genius as a tool for lawyers rather than a replacement for the record. The financing layer, DelayPay, is a third axis competitors largely do not have.

That combination - services, software and financing under one roof - is where Steno fits in the market: a full-stack litigation-support platform aimed at the practical realities of running a case, not just the technology headlines.

We've already redefined transcript analysis with Transcript Genius and launched the first modern marketplace for court reporting professionals.
Prabhdeep Singh · CEO
Leadership

A planned handoff at the top

In June 2026, Steno named Prabhdeep Singh - its chief operating officer for the prior two years - as chief executive officer. Co-founder Greg Hong, after more than seven years leading the company, moved to the board of directors to continue shaping strategy. It was a planned baton pass, executed just months after the Series C rather than in a moment of crisis.

Singh's background is unusual for legal tech. He was Chief Growth Officer at Clover Health, Global Head of Marketplace at WeWork, and Head of Enterprise at Uber Eats - a career built on matching supply and demand at scale, which is exactly what a court-reporter network is. Recent senior hires include a chief people officer from Red Bull and a head of sales from Ontra.

Expand beyond simple automation, providing a unified platform where data-informed AI and expert litigation support work together to solve the complex challenges legal professionals face.
Prabhdeep Singh · CEO, on his vision
The Story So Far

Timeline

2018

Steno is founded in Los Angeles

Greg Hong, Dylan Ruga and Dan Anderson launch Steno to fix the cost and logistics of court reporting.

2019

DelayPay takes shape

A payment-flexibility idea born from a founder's frustration becomes Steno's deferred-payment product.

2020

Remote depositions and first institutional funding

Steno leans into remote proceedings with Steno Connect and raises early capital led by First Round Capital.

2024

Transcript Genius launches

Steno introduces its generative-AI transcript analysis tool alongside a $46M raise.

2026

$49M Series C

Savano Capital Partners leads a round to fund national expansion and the next evolution of Transcript Genius.

2026

New CEO

COO Prabhdeep Singh becomes CEO as co-founder Greg Hong moves to the board.

In Their Words

"Today's investment allows us to release a vastly improved, differentiated offering that stays ahead of anything else in the market."

Greg Hong, Co-Founder

"We've already redefined transcript analysis with Transcript Genius and launched the first modern marketplace for court reporting professionals."

Prabhdeep Singh, CEO

"A unified platform where data-informed AI and expert litigation support work together."

Prabhdeep Singh, on the roadmap
Good To Know

Frequently asked

What does Steno do?

Steno provides tech-enabled court reporting and litigation support - certified reporters, videographers, interpreters, remote-deposition software, deferred payment and AI transcript analysis - to law firms across the US.

Who founded Steno and who runs it now?

It was founded in 2018 by Greg Hong, Dylan Ruga and Dan Anderson. In June 2026, former COO Prabhdeep Singh became CEO; Greg Hong moved to the board of directors.

What is Transcript Genius?

Transcript Genius is Steno's generative-AI tool that lets attorneys query, summarize and surface insights from deposition transcripts. It is offered free with depositions.

How much funding has Steno raised?

Steno raised a $49M Series C in March 2026 led by Savano Capital Partners, bringing total funding to roughly $150M+ since 2020.

What is DelayPay?

DelayPay is Steno's interest-free deferred-payment option that lets firms - especially contingency-based practices - postpone court reporting costs until a case resolves.