TranscribeMe
TranscribeMe is a hybrid AI + human speech-to-text services company delivering transcription, translation, and data-annotation to 2,500+ enterprise, legal, medical, and AI/ML customers globally, with more than 2 million registered freelance transcriptionists supporting per-minute usage-based pricing.
- Company typePrivate
- Founded2011
- HeadquartersOakland, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What TranscribeMe does
TranscribeMe is an Oakland, California-based speech-to-text services company founded in 2011 and operating as a subsidiary of Heico Holding, Inc. It delivers transcription, translation, and data-annotation services to customers in legal, healthcare, AI/ML, education, consulting, market research, technology, and call-center verticals, serving 2,500+ organizations including Oracle, Facebook, Salesforce, Cisco, Harvard, Deloitte, BCG, Pandora, Kaplan, and Medallia. Distribution is hybrid: self-serve through a customer portal and iOS/Android mobile app, plus enterprise field sales, REST API, and SFTP for high-volume automated workflows.
The platform combines Automatic Speech Recognition (ASR) with a network of more than 2 million registered freelance transcriptionists under a "Gold Standard" methodology that layers human review over AI output to deliver 99%+ accuracy on human-edited tiers. Core products span Automated Transcription ($0.07/min), Human Edited Transcription ($0.79/min), Extra Review ($1.25/min), and Verbatim Transcription ($2.00/min), together with AI Training Datasets ($2/min), Data Annotation ($0.10/task), Translation ($0.11/word), and specialized Legal (MAXScribe/CaseCatalyst/YesLaw-compatible) and HIPAA-compliant Medical offerings. Security and compliance are positioned as a core capability: AES-256 encryption, Azure-hosted storage with 30-day auto-deletion, Business Associate Agreement processes, and stated HIPAA/GDPR/CCPA compliance, with self-reported 100% security audit pass rates and ongoing penetration testing.
Revenue is generated transactionally on a per-audio-minute or per-task basis through a self-serve portal, with custom quotes for enterprise, legal, and HIPAA-compliant projects that bundle geofenced workers, background checks, and dedicated account management. The GTM motion combines direct-to-consumer self-serve ordering with sales-led enterprise motion and a platform layer (API/SFTP) that embeds TranscribeMe inside partner workflows. A formal August 2024 strategic partnership with Stenograph extends reach into the U.S. court-reporting market via MAXScribe-compatible transcripts. The company has raised approximately $6.64M cumulatively across multiple disclosed rounds through 2017 and currently operates with 11–50 core employees while scaling capacity elastically through its freelance workforce.
TranscribeMe firmographics
Firmographics- Name
- TranscribeMe
- Legal name
- TranscribeMe
- Website
- https://transcribeme.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TranscribeMe is a hybrid AI + human speech-to-text services company delivering transcription, translation, and data-annotation to 2,500+ enterprise, legal, medical, and AI/ML customers globally, with more than 2 million registered freelance transcriptionists supporting per-minute usage-based pricing.
- Ownership category
- akta.pro rank
TranscribeMe industry classification
Industry- Product category
- Transcription Services
- NAICS
- Court Reporting and Stenotype Services (561492)
- SIC
- Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Transcription & Data Capture (Audio/Video to Text) (BPAAAKAI)
- akta.pro secondary industries
- Speech Recognition, Dictation & Medical Transcription Platforms (HLACAAAI), Translation & Transcreation Services (Script/Dialogue Adaptation) (MPAHAFAD), Content Localization, Translation & Transcreation (BPAFAIAH)
Keywords
Where TranscribeMe is headquartered
LocationHeadquarters
- HQ city
- Oakland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TranscribeMe business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Transcription Services: Transaction-based transcription services priced per audio minute. Includes automated transcription ($0.07/min), human edited ($0.79/min), extra review ($1.25/min), and verbatim ($2.00/min) options. Revenue generated through per-minute usage charges.
- AI Training Datasets: Custom datasets for AI model training priced at $2.00/min for transcription. Provides structured data for machine learning with highly customized formatting.
- Data Annotation Services: Data labeling and annotation services priced at $0.10 per task. Customized to specific AI/ML project requirements.
- Translation Services: Professional translation services priced at $0.11 per word. Human translators provide accurate translations in multiple languages with expert precision.
- Enterprise Custom Projects: Customized high-volume transcription solutions for enterprise clients with dedicated teams, geofenced workers, and background checks. Billed via custom quotes for large recurring projects.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Automated Transcription - Lowest price, AI-powered |
| Usage-based | Pay-as-you-go | Human Edited Transcription - Gold Standard accuracy |
| Usage-based | Pay-as-you-go | Human Edited with Extra Review - Enhanced accuracy |
| Usage-based | Pay-as-you-go | Verbatim Transcription - Highest accuracy |
| Usage-based | Pay-as-you-go | AI Training Datasets - Custom formatted for AI/ML |
| Usage-based | Pay-as-you-go | Data Annotation - Customized data labeling |
| Usage-based | Pay-as-you-go | Translation Services - Human-powered translation |
| Usage-based | Pay-as-you-go | Medical Transcription - HIPAA compliant |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels3 records
TranscribeMe product offering
Product offeringCore offering
TranscribeMe is an online transcription services company that converts audio and video content into written transcripts using a hybrid AI + human workflow combining Automatic Speech Recognition (ASR) technology with a network of over 2 million registered freelance transcriptionists. It sells multiple service tiers (automated, human edited, verbatim, AI training datasets, data annotation, translation) priced per audio minute, per task, or per word, with specialized verticals for legal and HIPAA-compliant medical transcription.
Product overview
TranscribeMe is a transcription platform that offers a hybrid AI + human approach to speech-to-text services. The core portfolio consists of three main service tiers: (1) Automated Transcription (Machine Express) for fast, affordable AI-powered transcription at $0.07/min; (2) Human Edited Transcription services ranging from basic edited ($0.79/min) to Extra Review ($1.25/min) to Verbatim ($2.00/min) for highest accuracy; and (3) AI Training Datasets for custom machine learning data ($2.00/min). Supporting services include Data Annotation ($0.10/task), Translation ($0.11/word), and specialized Legal Transcription and Medical/HIPAA Compliant Transcription. Enterprise Custom Projects provide high-volume solutions with geofenced workers and background checks. The company also offers a Mobile App for iOS/Android and has a Stenograph partnership for MAXScribe-compatible legal transcripts. All services leverage a global freelance workforce of over 2 million registered transcriptionists combined with ASR technology.
Differentiator
Problem solved
Functional benefit
Products and services
- Automated Transcription (Machine Express) Fastest, most affordable AI-powered transcription service using Automatic Speech Recognition. Delivers high-accuracy transcripts at $0.07 per audio minute with 30-second automated timestamps and turnaround within 3-5x the audio file duration. Suited to SMB and individual self-serve buyers who need low-cost machine-generated transcripts.
- Human Edited Transcription Core hybrid offering where an AI-generated transcript is edited and finalized by expert human transcriptionists. Produces ~98% accuracy average with 1 business day delivery, speaker IDs and timestamps included. Priced starting at $0.79 per audio minute and aimed at businesses and professionals needing accurate, fast transcripts.
- AI Training Datasets Custom transcription formatted for AI/ML systems, with millisecond-level timestamping, highly customized tagging and structured data, and any output format including JSON. Supports AI companies building speech recognition, NLP, and language models, priced starting at $2.00 per audio minute.
- Data Annotation Services Data labeling service customized to client needs, leveraging globally sourced expert workers to deliver high-quality annotated data that enhances AI systems. Priced at $0.10 per task and designed for AI/ML teams needing scalable annotation workflows.
- Translation Services Professional human translation services for documents and audio/video content across multiple languages including English, Spanish, French, German, Korean, Portuguese, Italian, Catalan, Russian, and Mandarin (Chinese). Priced starting at $0.11 per word with expert human translators delivering fast and accurate translations.
- Legal Transcription Services Specialized transcription for legal proceedings including depositions, trials, hearings, police investigations, bodycam recordings, and public hearings. Provides formatted legal transcripts in MAXScribe, CaseCatalyst, and YesLaw compatible outputs with Q&A or colloquy formatting for court reporters, law firms, attorneys, paralegals, and investigators.
- Medical and HIPAA Compliant Transcription HIPAA-compliant transcription for medical content including doctor dictation, consultations, telemedicine sessions, patient forms, and medical research interviews. Features a dedicated medical transcription team, Business Associate Agreement (BAA), geofenced HIPAA transcriptionists, encrypted SFTP file transfer, and secure Azure storage. Priced from $1.63 to $2.05 per audio minute.
- Enterprise Custom Projects Customized transcription solutions for high-volume, recurring enterprise projects. Includes encrypted micro-tasked workflow, geofenced workers, background-checked transcriptionists, dedicated teams, and team account capabilities. Serves Fortune 500 customers such as Oracle, Facebook, Salesforce, Cisco, Deloitte, Harvard, and Pandora with custom quotes and dedicated account management.
Quantifiable outcome
- 99%+ accuracy for human edited transcription services with accuracy guarantee
- +3 more outcomes
Companies that use TranscribeMe
Customer profileNamed customers15 records
Segments9 records
Ideal customer profiles5 records
TranscribeMe technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability4 records
Feature6 records
TranscribeMe partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- StenographcoreOfficial partnership with Stenograph, the leading supplier of productivity tools for court reporting with 80+ years of experience. TranscribeMe serves as Stenograph's official transcription partner, providing MAXScribe users with high-quality edited transcripts in MAXScribe compatible format. Combines Stenograph's Phoenix Speech Recognition technology with TranscribeMe's expert freelance workforce to deliver higher volumes of consistent, high-quality legal transcripts with quick turnarounds for court reporters, law firms, and legal professionals.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
TranscribeMe competitors and assessment
Company assessmentDirect peers
- Rev.com: Rev is the most direct US competitor to TranscribeMe, offering human and AI transcription, captions, and subtitles to a similar SMB/enterprise customer base with a hybrid model. It competes head-to-head on per-minute pricing, turnaround, and accuracy, and is a natural benchmark for TranscribeMe's core offering.
- Otter.ai: Otter is a leading AI meeting transcription and note-taking platform used by enterprises and individuals for real-time transcription. It overlaps with TranscribeMe's automated tier and targets similar productivity and meeting use cases, putting it in direct competition for enterprise and self-serve customers.
- Sonix: Sonix provides automated transcription, translation, and subtitle services with a SaaS-style self-serve portal aimed at media, podcasters, and researchers. It competes with TranscribeMe's automated, translation, and human-edited offerings and targets overlapping SMB/enterprise segments.
- Trint: Trint offers an AI-powered transcription and editing platform focused on journalists, media, and enterprise teams. Its collaborative editor and multilingual support put it in the same competitive set as TranscribeMe for media, market research, and enterprise workflows.
- Verbit: Verbit is an AI-driven transcription and captioning platform with a strong focus on legal, higher education, and enterprise verticals. Its hybrid model and court-reporting/MAXScribe-adjacent positioning make it a close peer to TranscribeMe's legal and enterprise offerings, especially given TranscribeMe's Stenograph partnership.
- 3Play Media: 3Play Media provides hybrid AI+human transcription, captioning, and audio description services for media, education, and enterprise. It overlaps with TranscribeMe's accessibility/transcription stack and competes for similar digital media and education budgets.
- GoTranscript: GoTranscript is a transcription services provider offering both human and automated transcription at competitive per-minute rates. It competes with TranscribeMe primarily on price-sensitive SMB and academic transcription, and uses a similarly large freelancer model.
- Way With Words: Way With Words provides customized human transcription, captioning, and data services for media, legal, and research clients. It is comparable to TranscribeMe's human-edited and custom enterprise offerings, with overlap in accuracy-focused, format-specific deliverable markets.
Emerging players
- Speechmatics: Speechmatics is an independent ASR provider offering accurate speech-to-text APIs with strong multilingual coverage. It is comparable as a speech technology layer that competes with the automated backbone of TranscribeMe's stack and could be integrated as either a substitute or complement.
- Deepgram: Deepgram is an enterprise ASR and voice AI platform used by call centers, healthcare, and AI teams for high-accuracy speech-to-text APIs. It overlaps with TranscribeMe's automated, call-center, and AI/ML data services, and is a relevant adjacent competitor in the speech technology stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
TranscribeMe social profiles
Digital presenceTranscribeMe compliance and trust
Trust signalCompliance4 records
TranscribeMe financial estimates
Financial estimateRevenue estimate
Valuation estimate
TranscribeMe leadership team
Management profileNumber of profiles
Profiles4 records
TranscribeMe funding detail
Funding detailFunding overview
Funding rounds8 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TranscribeMe M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TranscribeMe
What does TranscribeMe do?
TranscribeMe is an online transcription services company that converts audio and video content into written transcripts using a hybrid AI + human workflow combining Automatic Speech Recognition (ASR) technology with a network of over 2 million registered freelance transcriptionists. It sells multiple service tiers (automated, human edited, verbatim, AI training datasets, data annotation, translation) priced per audio minute, per task, or per word, with specialized verticals for legal and HIPAA-compliant medical transcription.
Is TranscribeMe a public or private company?
TranscribeMe is a private company. It is classified as corporate owned and is currently operating.
When was TranscribeMe founded?
TranscribeMe was founded in 2011. It employs 11 to 50 people.
Where is TranscribeMe based?
TranscribeMe is headquartered in Oakland, United States, in the North America region.
How does TranscribeMe make money?
Five revenue lines are on record. Transcription Services are the primary driver. The others are AI Training Datasets, data Annotation Services, translation Services and enterprise Custom Projects.
Who are TranscribeMe's main competitors?
Direct peers on record are Rev.com, Otter.ai, Sonix, Trint, Verbit, 3Play Media, GoTranscript and Way With Words. Emerging players are Speechmatics and Deepgram.
Does TranscribeMe have an API?
Yes. TranscribeMe offers a well-documented REST API that enables developers to integrate transcription capabilities into their own applications. The API supports automated transcription and has been successfully integrated with companies including IPSOS and Medallia. The documentation is available at api-docs.transcribeme.com. Specific authentication methods, rate limits, and versioning details are not specified in the available source material. Developer documentation is at api-docs.transcribeme.com/en/latest/index.html.
What industry is TranscribeMe in?
TranscribeMe's product category is Transcription Services. Its primary akta.pro industry code is BPAAAKAI, Transcription & Data Capture (Audio/Video to Text), with a secondary code of HLACAAAI, Speech Recognition, Dictation & Medical Transcription Platforms. Its NAICS code is 561492 and its SIC code is 7374.