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Rev

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On-demand services. Transcription, captions, and translation

Austin, United StatesFounded 2010eCommerce & Marketplaces
Valuation $25–50M Last recorded · 2013
Headcount 2–5k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Rev and the history behind them.

About Rev

Rev.com operates as a speech-to-text technology company, providing a suite of services centered on transcription, captioning, and subtitling. Founded in 2010 by Jason Chicola and fellow MIT alumni, the company was born from an idea to create flexible, remote work opportunities, influenced by Chicola's earlier experiences at oDesk (now Upwork). The founding team, which includes other MIT graduates, fostered a collaborative culture based on long-standing relationships.

The company's business model is built around a hybrid of artificial intelligence and a large network of human freelancers, known as 'Revvers'. This dual approach allows Rev to offer varying levels of accuracy and speed to meet diverse client needs. Revenue is generated on a per-audio/video-minute basis for human-powered services and through subscription plans that provide access to AI-driven tools. Its core service offerings include human transcription promising 99% accuracy, AI transcription, video captioning, and global subtitles. The platform caters to a broad clientele, including legal professionals, media companies like PBS and Comcast, researchers, and educational institutions.

Over the years, Rev has systematically expanded its product line. After launching its initial human transcription platform in 2010, it introduced closed captions in 2014, a mobile app and global subtitles in 2015, and later ventured into AI with its own ASR technology research in 2016, culminating in the launch of AI Transcription and the Rev.AI developer platform in 2018. A significant milestone occurred in 2025 with the acquisition of SmartDepo, an AI-powered deposition summary solution. This strategic move strengthened Rev's position in the legal sector, enabling it to offer an end-to-end solution from recording and transcription to summarized legal documents with precise page-line citations. The company maintains a strong focus on security, holding SOC 2 Type 2, HIPAA, and GDPR compliance to protect sensitive client data.

Source: Dealroom company data

At a glance

Founded
2010
Headquarters
Austin, United States
Sector
eCommerce & Marketplaces

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

Team profiled 87 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
26 countries with
team presence
🇿🇦 South Africa9.9%
🇨🇦 Canada6.3%
🇬🇧 United Kingdom3.2%
🇪🇬 Egypt1%
🇮🇹 Italy0.7%
Top 5 of 26 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Rev on X, ranked by likes and reposts, corporate channels excluded.

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

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