Source: Benzinga

Rev: Rev's SmartDepo Acquisition Powers Next-Generation AI for Testimony Analysis

Rev, the world's most accurate speech-to-text technology company, has acquired SmartDepo, the legal industry's most trusted solution for AI-powered deposition summariesBoth companies have established successful track records serving leading law firms and court reporting agenciesThe acquisition combines Rev's >99% accurate transcription with SmartDepo's 100% accurate page-line citations, delivering comprehensive legal document solutionsThis strategic move is designed to increase attorney and court reporter productivity, reduce fatigue, and optimize client outcomesAUSTIN, Texas, March 24, 2025 (GLOBE NEWSWIRE) -- Rev, the world's most accurate speech-to-text technology company, today announced it has acquired SmartDepo, the legal industry's most trusted and comprehensive solution for AI-powered deposition summaries. The acquisition unites two companies devoted to quality and accuracy, offering best-in-class tools that allow law firms and court reporting agencies to focus on client interactions and case strategy instead of countless hours manually reviewing and organizing testimony.Started in 2023 by a civil rights lawyer, SmartDepo offers the most thorough deposition summaries available. Summaries are designed to meet specific needs of legal professionals with page-line citations that capture every detail, allowing them to excerpt quickly and bracket precise and contextually relevant citations to present in court documents and proceedings. SmartDepo's patent-pending AI technology produces summaries within minutes, not days, including 100% accurate page-line citations, hyperlinked tables of contents, a key admissions analysis, and a Deposition Memo, which surfaces the most salient themes discussed. SmartDepo uniquely introduces a human-in-the-loop, whereby every summary undergoes rigorous quality checks to ensure the highest quality standards."The legal industry is ripe for AI innovation, but it can be difficult to translate exactly how AI tools can be most helpful to lawyers in their day-to-day work," said Isaac Manoff, Esq., CEO and Co-Founder of SmartDepo. "Drawing on my own experience as a lawyer, we were able to create a solution that addresses a real pain point ...Full story available on Benzinga.com

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Est. Annual Revenue
$100-500M
Est. Employees
250-500
Jason Chicola's photo - Co-Founder & CEO of Rev

Co-Founder & CEO

Jason Chicola

CEO Approval Rating

89/100

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