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Parrot

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uuid0000cdb

Namestring
Parrot
Legal namestring
Parrot Tech, Inc.
Websiteurl
parrot.us
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Parrot Tech, Inc., operating under the brand Parrot and now "Depositions by Filevine" following its April 2025 acquisition by Filevine, is an AI-first legal technology company founded in 2019 and headquartered in New York. The company operates a unified platform for remote court reporting and AI-enabled deposition analysis, serving plaintiff law firms, insurance carriers (including USAA and Travelers), and court reporting firms. Its core products include a Court Reporting Service that handles end-to-end deposition scheduling, audio/video capture, livestreaming, and transcript delivery; Deposition Summaries that use proprietary large language models trained on legal vocabulary to generate customizable AI summaries in narrative, page:line, or topic formats; Medical Record Summaries (branded MedChron) for AI-generated medical chronologies with direct source links; and an AI Assistant/Chatbot powered by OpenAI and Anthropic. The platform integrates with Zoom for remote depositions and is hosted on AWS with SOC 2 Type 2, HIPAA, and HITECH compliance.

Parrot's technology architecture combines proprietary legal-domain LLMs with third-party generative AI models (OpenAI, Anthropic) for chatbot and assistant features, processing audio, video, text, and structured data inputs to deliver transcription, summarization, search, and process automation. The company employs 51-100 people and was venture-backed with $14 million total funding, including an $11 million Series A in June 2023 co-led by Amplify Partners and XYZ Venture Capital. Revenue is generated primarily through enterprise subscription contracts with annual volume commitments, all-inclusive pricing for deposition services, and quote-based pricing not publicly disclosed. Following the Filevine acquisition, Parrot's deposition and medical record capabilities are integrated into Filevine's Legal Operating Intelligence System (LOIS), expanding distribution through Filevine's broader legal case management installed base while Parrot's brand operates as a sub-brand for deposition-specific services.

Short descriptiontext

Parrot is an AI-first legal technology company providing remote court reporting, AI-generated deposition summaries, and medical record chronologies for plaintiff law firms, insurance carriers, and court reporting firms. Acquired by Filevine in April 2025, it now operates as Depositions by Filevine.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
legal technology platform, remote deposition services, AI court reporting, deposition summaries, medical record chronologies
Industry2 codes
1Enterprise Audio Publishing & Private Podcast Platforms
CodeMPAIADAIPrimaryYes
2Model Deployment, Serving & Inference Platforms
CodeHDAAABAFPrimaryNo
NAICS code2 codes
  • Court Reporting and Stenotype Services561492
  • Software Publishers5132
SIC code1 code
  • Services-Prepackaged Software7372
Product category
Legal Technology (LegalTech)
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Court Reporting Services
TypeSubscription Recurring
Description

Subscription-based court reporting services for depositions and legal proceedings, including scheduling, video/audio recording, transcription, and AI-enabled analysis. All-inclusive pricing model.

parrot.us
2AI-Generated Deposition Summaries
TypeSubscription Recurring
Description

AI-enabled summaries of deposition transcripts available as add-on or standalone service.

parrot.us
3Medical Record Summaries
TypeSubscription Recurring
Description

AI-generated summaries of medical records for case review, HIPAA and SOC 2 compliant.

parrot.us
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Pricing details2 tiers
1All-Inclusive Deposition Services
ModelSubscriptionBilling cadenceAnnual
Notes

All-inclusive pricing covering scheduling, recording, transcripts, and AI summaries. Volume commitment options available with annual term and automatic renewal.

parrot.us
2Enterprise Volume Commitment
ModelSubscriptionBilling cadenceAnnual
Notes

Volume-based pricing with annual contracts. Shortfall fees apply if minimum volume commitment is not met.

parrot.us
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 2 records shown
1Deposition Summaries by Filevine
Description

AI-enabled deposition summary service allowing attorneys to tailor summaries in narrative, page:line, or custom topic formats.

parrot.us
+1 more record
Core offering1 text field

Parrot provides a unified legal technology platform for remote court reporting and AI-powered deposition management, including end-to-end deposition scheduling, live video/audio capture, instantly available searchable transcripts synced to audio and video, AI-generated deposition summaries, and AI-powered medical record chronologies. The platform leverages proprietary large language models trained on legal vocabulary, alongside OpenAI and Anthropic generative AI, to deliver court reporting, transcription, and summarization services to plaintiff law firms, insurance carriers, and court reporting firms on an all-inclusive subscription basis. Following the April 2025 acquisition by Filevine, the offering operates under the 'Depositions by Filevine' brand.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 79% of clients report that Parrot's technology features have helped them win a case
+3 more records
Product overview1 text field

Parrot is a unified legal technology platform providing remote court reporting and AI-powered transcription services. The core offering consists of three integrated products: the Court Reporting Service for managing remote depositions with scheduling and video/audio capture, Deposition Summaries for AI-generated transcript analysis using proprietary large language models trained on legal vocabulary, and Medical Record Summaries for AI-generated medical record chronologies. Post-acquisition, the platform operates under the 'Depositions by Filevine' brand. The platform processes audio, video, and text inputs to deliver transcription, summarization, and knowledge retrieval capabilities.

Product and service4 records
1Court Reporting Service
CategoryCourt Reporting / Deposition Services
Description

Remote court reporting platform that modernizes the deposition process from instant scheduling through AI-enabled recording analysis, providing livestreams, automated summaries, and all-inclusive pricing for attorneys and legal teams.

2Deposition Summaries (Deposition Summaries by Filevine)
CategoryAI Document Summarization
Description

AI-enabled deposition summaries that generate custom-trained AI summaries in formats including narrative, page:line, or by custom topic, allowing attorneys to quickly verify and efficiently review deposition transcripts.

3Medical Record Summaries (MedChron by Filevine)
CategoryAI Document Summarization
Description

AI-generated summaries of complex medical records providing fast, accurate overviews with customizable chronologies and direct source links for legal case review; HIPAA and SOC 2 certified.

4Deposition Transcripts
CategoryAI Transcription Services
Description

Transcription service providing instantly available searchable transcripts synced to audio and video, enabling real-time witness impeachment and long-term accessibility for depositions and legal proceedings.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-04-23
Description

AI technology vendor providing generative AI capabilities for Parrot's chatbot and AI assistant features. Parrot utilizes OpenAI technology alongside proprietary AI systems.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-04-23
Description

Filevine acquired Parrot in April 2025 to expand AI-powered legal capabilities and deposition services. Parrot's technology integrates into Filevine's legal operating intelligence system (LOIS).

Strategic tierCoreTypeTechnology or Integration
Description

AI technology vendor providing generative AI capabilities alongside OpenAI for Parrot's AI features. Part of multi-vendor AI strategy.

Strategic tierCoreTypeTechnology or Integration
Description

Primary hosting provider for customer data storage. Parrot may also use GCP or Microsoft Azure as alternative hosting providers.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Parrot's parent company and a leading legal operating system for plaintiff and defense firms. Directly comparable as the acquirer integrating Parrot's deposition and AI capabilities into its broader case management platform.

TypeDirect peer
Description

AI-powered transcription and captioning platform serving legal, court reporting, and enterprise verticals. Closely comparable to Parrot's core court reporting and AI transcription offering, with broader vertical reach.

TypeDirect peer
Description

On-demand transcription and captioning service using both AI and human transcriptionists. Comparable in audio-to-text workflow, though Rev is horizontal whereas Parrot is vertically specialized for legal.

TypeDirect peer
Description

Legal technology platform for transcription, case management, and document handling in litigation. Directly comparable to Parrot's deposition transcript and AI summary workflow for law firms and chambers.

TypeEmerging player
Description

Generative AI platform built for elite law firms covering legal research, drafting, and analysis. Comparable as a vertical legal AI platform serving enterprise law firms, with overlapping buyer personas but a broader workflow footprint.

TypeBroad incumbent
Description

AI legal research and document analysis platform acquired by Thomson Reuters. Comparable as an AI-augmented workflow tool for attorneys, with broader practice coverage than Parrot's deposition focus.

TypeBroad incumbent
Description

Global legal services and technology company offering court reporting, eDiscovery, and managed document review. Comparable as a court reporting and litigation-services incumbent competing for similar enterprise legal buyers.

TypeRegional player
Description

US-focused court reporting, deposition, and litigation support services company. Comparable as a traditional court reporting services provider increasingly competing with AI-enabled platforms like Parrot.

TypeOthers
Description

Cloud-based document and email management platform for law firms. Comparable as adjacent legal technology infrastructure where deposition documents and transcripts are stored, with potential integration overlap.

TypeBroad incumbent
Description

Global information services company providing legal research, practice tools, and AI-augmented workflows to law firms. Comparable as a broad incumbent legal tech platform with overlapping enterprise customers and adjacent AI workflow products.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI capability8 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Parrot

Legal Technology (LegalTech)parrot.us

Parrot is an AI-first legal technology company providing remote court reporting, AI-generated deposition summaries, and medical record chronologies for plaintiff law firms, insurance carriers, and court reporting firms. Acquired by Filevine in April 2025, it now operates as Depositions by Filevine.

What Parrot does

Parrot Tech, Inc., operating under the brand Parrot and now "Depositions by Filevine" following its April 2025 acquisition by Filevine, is an AI-first legal technology company founded in 2019 and headquartered in New York. The company operates a unified platform for remote court reporting and AI-enabled deposition analysis, serving plaintiff law firms, insurance carriers (including USAA and Travelers), and court reporting firms. Its core products include a Court Reporting Service that handles end-to-end deposition scheduling, audio/video capture, livestreaming, and transcript delivery; Deposition Summaries that use proprietary large language models trained on legal vocabulary to generate customizable AI summaries in narrative, page:line, or topic formats; Medical Record Summaries (branded MedChron) for AI-generated medical chronologies with direct source links; and an AI Assistant/Chatbot powered by OpenAI and Anthropic. The platform integrates with Zoom for remote depositions and is hosted on AWS with SOC 2 Type 2, HIPAA, and HITECH compliance.

Parrot's technology architecture combines proprietary legal-domain LLMs with third-party generative AI models (OpenAI, Anthropic) for chatbot and assistant features, processing audio, video, text, and structured data inputs to deliver transcription, summarization, search, and process automation. The company employs 51-100 people and was venture-backed with $14 million total funding, including an $11 million Series A in June 2023 co-led by Amplify Partners and XYZ Venture Capital. Revenue is generated primarily through enterprise subscription contracts with annual volume commitments, all-inclusive pricing for deposition services, and quote-based pricing not publicly disclosed. Following the Filevine acquisition, Parrot's deposition and medical record capabilities are integrated into Filevine's Legal Operating Intelligence System (LOIS), expanding distribution through Filevine's broader legal case management installed base while Parrot's brand operates as a sub-brand for deposition-specific services.

Parrot firmographics

Firmographics
Name
Parrot
Legal name
Parrot Tech, Inc.
Website
https://parrot.us
Company type
Private
Founded year
2019
Operating status
Acquired
Headcount range
1–10 employees
Short description
Parrot is an AI-first legal technology company providing remote court reporting, AI-generated deposition summaries, and medical record chronologies for plaintiff law firms, insurance carriers, and court reporting firms. Acquired by Filevine in April 2025, it now operates as Depositions by Filevine.
Ownership category
akta.pro rank

Parrot industry classification

Industry
Product category
Legal Technology (LegalTech)
NAICS
Court Reporting and Stenotype Services (561492), Software Publishers (5132)
SIC
Services-Prepackaged Software (7372)
akta.pro primary industry
Enterprise Audio Publishing & Private Podcast Platforms (MPAIADAI)
akta.pro secondary industry
Model Deployment, Serving & Inference Platforms (HDAAABAF)

Keywords

  • Legal technology platform
  • Remote deposition services
  • AI court reporting
  • Deposition summaries
  • Medical record chronologies

Where Parrot is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Parrot business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

  1. Court Reporting Services: Subscription-based court reporting services for depositions and legal proceedings, including scheduling, video/audio recording, transcription, and AI-enabled analysis. All-inclusive pricing model.
  2. AI-Generated Deposition Summaries: AI-enabled summaries of deposition transcripts available as add-on or standalone service.
  3. Medical Record Summaries: AI-generated summaries of medical records for case review, HIPAA and SOC 2 compliant.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualAll-Inclusive Deposition Services
SubscriptionAnnualEnterprise Volume Commitment

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Parrot product offering

Product offering

Core offering

Parrot provides a unified legal technology platform for remote court reporting and AI-powered deposition management, including end-to-end deposition scheduling, live video/audio capture, instantly available searchable transcripts synced to audio and video, AI-generated deposition summaries, and AI-powered medical record chronologies. The platform leverages proprietary large language models trained on legal vocabulary, alongside OpenAI and Anthropic generative AI, to deliver court reporting, transcription, and summarization services to plaintiff law firms, insurance carriers, and court reporting firms on an all-inclusive subscription basis. Following the April 2025 acquisition by Filevine, the offering operates under the 'Depositions by Filevine' brand.

Product overview

Parrot is a unified legal technology platform providing remote court reporting and AI-powered transcription services. The core offering consists of three integrated products: the Court Reporting Service for managing remote depositions with scheduling and video/audio capture, Deposition Summaries for AI-generated transcript analysis using proprietary large language models trained on legal vocabulary, and Medical Record Summaries for AI-generated medical record chronologies. Post-acquisition, the platform operates under the 'Depositions by Filevine' brand. The platform processes audio, video, and text inputs to deliver transcription, summarization, and knowledge retrieval capabilities.

Differentiator

Problem solved

Functional benefit

Brands

  • Deposition Summaries by Filevine: AI-enabled deposition summary service allowing attorneys to tailor summaries in narrative, page:line, or custom topic formats.
  • MedChron

Products and services

  • Court Reporting Service Remote court reporting platform that modernizes the deposition process from instant scheduling through AI-enabled recording analysis, providing livestreams, automated summaries, and all-inclusive pricing for attorneys and legal teams.
  • Deposition Summaries (Deposition Summaries by Filevine) AI-enabled deposition summaries that generate custom-trained AI summaries in formats including narrative, page:line, or by custom topic, allowing attorneys to quickly verify and efficiently review deposition transcripts.
  • Medical Record Summaries (MedChron by Filevine) AI-generated summaries of complex medical records providing fast, accurate overviews with customizable chronologies and direct source links for legal case review; HIPAA and SOC 2 certified.
  • Deposition Transcripts Transcription service providing instantly available searchable transcripts synced to audio and video, enabling real-time witness impeachment and long-term accessibility for depositions and legal proceedings.

Quantifiable outcome

  • 79% of clients report that Parrot's technology features have helped them win a case
  • +3 more outcomes

Companies that use Parrot

Customer profile

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Parrot technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature5 records

Parrot partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and flagship.

  • OpenAIcoreTechnology or Integration · 23 April 2025AI technology vendor providing generative AI capabilities for Parrot's chatbot and AI assistant features. Parrot utilizes OpenAI technology alongside proprietary AI systems.
  • FilevineflagshipStrategic or Co-development Partner · 23 April 2025Filevine acquired Parrot in April 2025 to expand AI-powered legal capabilities and deposition services. Parrot's technology integrates into Filevine's legal operating intelligence system (LOIS).
  • AnthropiccoreTechnology or IntegrationAI technology vendor providing generative AI capabilities alongside OpenAI for Parrot's AI features. Part of multi-vendor AI strategy.
  • AWS (Amazon Web Services)coreTechnology or IntegrationPrimary hosting provider for customer data storage. Parrot may also use GCP or Microsoft Azure as alternative hosting providers.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Parrot competitors and assessment

Company assessment

Broad incumbents

  • Filevine: Parrot's parent company and a leading legal operating system for plaintiff and defense firms. Directly comparable as the acquirer integrating Parrot's deposition and AI capabilities into its broader case management platform.
  • Casetext (Thomson Reuters): AI legal research and document analysis platform acquired by Thomson Reuters. Comparable as an AI-augmented workflow tool for attorneys, with broader practice coverage than Parrot's deposition focus.
  • Epiq: Global legal services and technology company offering court reporting, eDiscovery, and managed document review. Comparable as a court reporting and litigation-services incumbent competing for similar enterprise legal buyers.
  • Thomson Reuters: Global information services company providing legal research, practice tools, and AI-augmented workflows to law firms. Comparable as a broad incumbent legal tech platform with overlapping enterprise customers and adjacent AI workflow products.

Direct peers

  • Verbit: AI-powered transcription and captioning platform serving legal, court reporting, and enterprise verticals. Closely comparable to Parrot's core court reporting and AI transcription offering, with broader vertical reach.
  • Rev: On-demand transcription and captioning service using both AI and human transcriptionists. Comparable in audio-to-text workflow, though Rev is horizontal whereas Parrot is vertically specialized for legal.
  • Opus 2: Legal technology platform for transcription, case management, and document handling in litigation. Directly comparable to Parrot's deposition transcript and AI summary workflow for law firms and chambers.

Emerging players

  • Harvey: Generative AI platform built for elite law firms covering legal research, drafting, and analysis. Comparable as a vertical legal AI platform serving enterprise law firms, with overlapping buyer personas but a broader workflow footprint.

Regional players

  • U.S. Legal Support: US-focused court reporting, deposition, and litigation support services company. Comparable as a traditional court reporting services provider increasingly competing with AI-enabled platforms like Parrot.

Others

  • NetDocuments: Cloud-based document and email management platform for law firms. Comparable as adjacent legal technology infrastructure where deposition documents and transcripts are stored, with potential integration overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Parrot social profiles

Digital presence

Parrot compliance and trust

Trust signal

Compliance3 records

Parrot financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Parrot leadership team

Management profile

Number of profiles

Profiles3 records

Parrot funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Parrot M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Parrot

What does Parrot do?

Parrot provides a unified legal technology platform for remote court reporting and AI-powered deposition management, including end-to-end deposition scheduling, live video/audio capture, instantly available searchable transcripts synced to audio and video, AI-generated deposition summaries, and AI-powered medical record chronologies. The platform leverages proprietary large language models trained on legal vocabulary, alongside OpenAI and Anthropic generative AI, to deliver court reporting, transcription, and summarization services to plaintiff law firms, insurance carriers, and court reporting firms on an all-inclusive subscription basis. Following the April 2025 acquisition by Filevine, the offering operates under the 'Depositions by Filevine' brand.

Is Parrot a public or private company?

Parrot is a private company. It is classified as corporate owned and is currently acquired.

When was Parrot founded?

Parrot was founded in 2019. It employs 1 to 10 people.

Where is Parrot based?

Parrot is headquartered in New York, United States, in the North America region.

How does Parrot make money?

Three revenue lines are on record. Court Reporting Services are the primary driver. The others are AI-Generated Deposition Summaries and medical Record Summaries.

Who are Parrot's main competitors?

Broad incumbents on record are Filevine, Casetext (Thomson Reuters), Epiq and Thomson Reuters. Direct peers are Verbit, Rev and Opus 2. Harvey is listed as an emerging player. U.S. Legal Support is listed as a regional player. NetDocuments is listed as an others.

Does Parrot have an API?

No public API is recorded for Parrot.

What industry is Parrot in?

Parrot's product category is Legal Technology (LegalTech). Its primary akta.pro industry code is MPAIADAI, Enterprise Audio Publishing & Private Podcast Platforms, with a secondary code of HDAAABAF, Model Deployment, Serving & Inference Platforms. Its NAICS code is 561492 and its SIC code is 7372.

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ThemarketintelligenceDrone Controller Market Size, Share, Trends & Forecast [2025-2033]The global Drone Controller Market was valued at USD 306.23 million in 2024 and is projected to reach USD 919.92 million by 2033, growing at a CAGR of 13%, driven by increasing adoption of drones across agriculture, logistics, construction, and entertainment industries. The market is characterized by rapid technological advancements, with AI-powered, autonomous drone controllers emerging as a key growth trend. Key industry players including DJI Innovations (commanding approximately 80% of the global commercial drone market), Parrot, Yuneec, and Honeywell are investing heavily in automation, connectivity, and security features to maintain competitive advantage.Pulse 2.0Parrot: $11 Million Raised For Platform That Transcribes And Manages DepositionsParrot, a tech-enabled court reporting company, announced $11 million in Series A funding led by Amplify Partners and XYZ Venture Capital, bringing its total raised capital to $14 million. The company simultaneously launched its first product featuring AI-generated deposition summaries using proprietary large language models trained on legal vocabulary. This funding will be utilized to expand go-to-market efforts, accelerate product development, and deepen investments in artificial intelligence capabilities.BitlyParrot: $11 Million Raised For Platform That Transcribes And Manages DepositionsParrot, a tech-enabled court reporting company, announced the launch of its AI-generated deposition summaries product and secured $11 million in Series A funding led by Amplify Partners and XYZ Venture Capital. The platform utilizes proprietary large language models to provide immediate, accurate transcripts and case management tools for legal professionals. This investment aims to expand go-to-market efforts and further develop artificial intelligence capabilities within the legal industry.CzechCrunchU soudu převádí výpovědi do textu. Startup Parrot s významnou českou stopou získal přes 200 milionůStartup Parrot, focusing on automating speech-to-text transcription, has secured a significant funding round exceeding 200 million koruna. The funding, led by Amplify Partners alongside XYZ Venture Capital and angel investors, aims to enhance market position and accelerate product development. Amid increasing demand for digitization in legal services, Parrot's annual recurring revenues have tripled year-on-year, despite a challenging investment environment.FinSMEsParrot Raises $11M in Series A FundingParrot, a New York-based AI-powered deposition transcription platform, raised $11M in Series A funding led by Amplify Partners and XYZ Venture Capital. The round brings total funding to $14M, which the company will use to expand go-to-market initiatives, accelerate product development, and deepen AI investment.Venture Capital Access OnlineParrot Unveils Proprietary AI-Powered Platform for Multi-Billion Court Reporting Market, Raises $11M in Series A FundingParrot has launched a new AI-powered platform designed for the court reporting market and secured $11 million in Series A funding. The platform aims to expedite the deposition process and provide AI-generated summaries, addressing the growing demand for court reporting services. Parrot plans to use the funding to enhance its market reach and further develop its technology.BenzingaSpeech-To-Text AI Service Parrot Spreads Its Wings With Fresh $11M Funding: TechCrunchParrot AI, an AI-powered transcription platform for the legal and insurance sectors, has raised $11 million in a Series A funding round led by Amplify Partners and XYZ Venture Capital. This brings the company's total financing to $14 million since its inception in 2019. The funds will be used to expand AI development for these industries and enhance tools for efficient information synthesis.VC News DailyParrot Grabs $11M Series A FinancingParrot, a full-stack AI-powered platform for transcribing and managing depositions, announced an $11 million Series A funding round led by Amplify Partners and XYZ Venture Capital, bringing total raised capital to $14 million. The company also launched the first product specifically offering AI-generated deposition summaries to legal and insurance professionals. Funds will be used to expand go-to-market operations, accelerate product development, and deepen artificial intelligence investments.