P
Parrot
Other B2B Software · New York City, United States · Founded 2019
Creates, develops, and markets advanced technology wireless products for consumers and professionals MoreLess
Parrot operates as a technology company targeting the legal and insurance industries with an AI-powered platform for managing depositions. The company was established in 2019 by co-founders Eric Baum, a former prosecutor, his brother Bryan Baum, a tech entrepreneur, and technologist Tomas Scavnicky. The initial concept was born from Eric Baum's frustration with the antiquated and costly processes of traditional court reporting. In 2021, Aaron O'Brien, who has a background in product management at Uber and Facebook and as Global Head of Trucking at Flexport, was brought on as CEO to scale the company.
The firm's business model centers on streamlining the entire deposition workflow for its clients, which include law firms, insurance carriers, and corporate legal departments. Parrot addresses the significant delays and costs associated with traditional deposition transcription, which can often take days or weeks. By utilizing proprietary large language models trained specifically on legal and insurance terminology, the platform delivers highly accurate, searchable transcripts almost immediately after a deposition concludes. This service is delivered through a cloud-based platform that securely stores a comprehensive archive of deposition materials, including transcripts, video and audio recordings, and exhibits, all of which are AES-256 bit encrypted and compliant with SOC 2 and HIPAA standards.
Parrot's core service is its AI-powered transcription, which modernizes the process from scheduling to analysis. Users can book depositions with a single click, and the platform provides real-time transcription synched with audio and video playback. A key feature is the AI-generated deposition summary, which can produce cohesive overviews in seconds, allowing legal professionals to quickly surface key insights. The platform also facilitates the creation of video clips from depositions and enables collaboration on exhibits. In April 2025, Parrot was acquired by Filevine, a legal work platform, to further integrate these advanced deposition tools into a comprehensive legal tech ecosystem. The company has raised a total of $14 million, with an $11 million Series A round in June 2023 co-led by Amplify Partners and XYZ Venture Capital.
Keywords: deposition management, legal transcription, AI for law, court reporting technology, legal tech, insurance tech, speech-to-text, deposition summaries, legal workflow automation, case management software, remote depositions, legal AI, video depositions, trial preparation, litigation support, discovery process, legal document management, insurtech, enterprise legal management, AI-powered summaries, secure cloud storage for legal
Company overview
Parrot company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2019
- Headquarters
- New York City, United States
- Employees
- 54
- Open positions
- None listed
- Dealroom signal
- 24.0
Valuation & funding
Parrot funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Apr 2025 | $0 | — | Filevine | ↗ |
| SERIES A✓Equity / VC | Jun 2023 | $11M | $44M | K5 Global · Amplify Partners · XYZ Venture Capital | ↗ |
| SEEDEquity / VC | Dec 2021 | $3.1M | $12M | Undisclosed | ↗ |
| ANGEL✓Equity / VC | Apr 2021 | $3M | $12M | Ryan Petersen · David Helgason · David Bonderman | ↗ |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $7.6M | 0% | 54 |
| 2025 | $7.6M | 0% | 54 |
| 2024 | $7.6M | 0% | 87 |
| 2023 | $7.6M | +58.7% | 69 |
| 2022 | $4.8M | +65.5% | 48 |
| 2021 | $2.9M | — | 29 |
Growth signals
Parrot website traffic
Latest recorded traffic for Parrot is 1K monthly website visits, up 69.5% over the last three months. Parrot's team grew 0% over the past year.
Comparisons
Parrot compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Parrot's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Parrot has talent and traffic
In the news
Latest news about Parrot
Recent press, funding announcements, and product moves mentioning Parrot — open to read from the original sources.
Market sentiment
What the market is saying about Parrot
An AI-synthesized read of the highest-engagement posts about Parrot on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Parrot’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.















