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Parrot Grabs $11M Series A Financing

2023-06-20
NEW YORK, NY, Parrot, the full-stack platform for transcribing and managing depositions, made its public debut today announcing $11 million in Series A funding.
Parrot, the full-stack platform for transcribing and managing depositions, made its public debut today announcing $11 million in Series A funding and the release of the first product specifically offering AI-generated deposition summaries to legal professionals. Amplify Partners and XYZ Venture Capital led the round bringing the total funds raised to $14 million for the tech-enabled court reporting company. Funds will be used to expand go to market, accelerate product development and deepen its investment in artificial intelligence.

Parrot is a AI-powered platform founded by technologists and legal experts and purpose built for the legal and insurance community. It helps attorneys handle cases faster and more efficiently by providing AI-generated, synced deposition transcripts and summaries.
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