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Rev acquires SmartDepo to enhance legal AI tools

PRIVATEMar 24, 2025

Acquiring Company

Rev

Acquired Company

SmartDepo

AustinSanta MonicaInformation TechnologyInternetSoftwareArtificial IntelligenceMachine LearningLegalLegal Tech

Description

Rev has acquired SmartDepo, enhancing its offerings in AI-powered deposition summaries for the legal industry. This strategic acquisition aims to combine Rev's transcription accuracy with SmartDepo's unique summarization tools. Both companies are committed to improving productivity and outcomes for attorneys and court reporters. The merger positions them to better serve the evolving needs of legal professionals.

Quick answer

Rev is acquiring SmartDepo, announced March 24, 2025. Rev is based in Austin, Texas, United States.

How much did Rev pay for SmartDepo?
The deal value was not disclosed.
What does Rev do?
Rev is a speech technology company transforming how legal professionals work with critical speech data.
Where are Rev and SmartDepo based?
Rev is based in Austin, Texas, United States. SmartDepo is based in Santa Monica, California, United States.
Who are the decision-makers at Rev?
Fundz holds 1 contact at Rev. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Rev

Location

Austin, Texas, United States

About

Rev is a speech technology company transforming how legal professionals work with critical speech data. Since 2010, we’ve processed over 18 billion words from 7 million hours of human speech data, developing AI models that deliver 96% accurate AI transcription and 99% accuracy with human review. Our comprehensive suite of services includes audio/video recording, real-time transcription, AI notetaking, and advanced summarization tools. In 2025, Rev acquired SmartDepo, the legal industry’s most trusted solution for AI-powered deposition summaries with 100% accurate page-line citations.

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Frequently asked

Who acquired SmartDepo?

SmartDepo was acquired by Rev, based in Austin. The deal was reported on March 24, 2025. Rev is a speech technology company transforming how legal professionals work with critical speech data. Rev is privately held and operates in Information Technology.

When did Rev acquire SmartDepo?

Rev's acquisition of SmartDepo was reported on March 24, 2025. Rev has acquired SmartDepo, enhancing its offerings in AI-powered deposition summaries for the legal industry. This strategic acquisition aims to combine Rev's transcription accuracy with SmartDepo's unique summarization tools. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SmartDepo do?

SmartDepo is a legal industry solution for AI-powered deposition summaries. Founded in 2023, it offers thorough summaries designed for legal professionals. SmartDepo uses patent-pending AI technology to produce accurate, swift documentation. It is privately held, operating in Software, and is based in Santa Monica.

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