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Intelligence
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Skribe.ai raised $3.5M in seed funding led by Tom Irby to strategize and execute early-stage initiatives for widespread commercialization.

May 22, 2024over 1 year ago

Amount Raised

$3.5 Million

Round Type

seed

AustinLegal TechLegalSoftware

Investors

Tom Irby

Description

Skribe.ai, a virtual platform powered by Zoom, raised $3.5M in seed funding to strategize and execute early-stage initiatives in preparation for widespread commercialization. The company plans to extend their seed round goal to $4.5M, allocating the remaining $1M raise towards expanding customer success, sales, and marketing teams, further propelling revenue growth and enhancing AI features.

Company Information

Company

Skribe.ai

Location

Austin, Texas, United States

About

For remote and hybrid depositions, Skribe is your go-to solution for capturing testimony like never before. We provide an AI-powered alternative to traditional court reporting. We’re committed to helping legal professionals lower costs, increase efficiencies, and improve their workflow.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers