Steno, a Los Angeles, CA-based tech-enabled provider of legal support services, raised $15M in Series B funding.
The round was led by Left Lane Capital with participation from Clio Ventures, the direct investment arm of Clio, a legal technology platform servicing 150,000 legal professionals.
The company intends to use the funds to continue growing its presence in new markets across the country, develop adjacent service channels for its clients, and expand its tech team.
Co-founded in 2018 by Greg Hong, Dylan Ruga, and Dan Anderson, Steno provides court reporting services combined with technology and deferred payment options. The company’s solutions include:
- Steno Connect, a signature remote litigation platform that combines videoconferencing with exhibit handling, along with numerous details that are made to meet specific legal needs.
- DelayPay, which empowers users to take all the depositions they need and pay nothing upfront with non-recourse deferred payment available in select markets.
- Bespoke solutions for large scale litigation available.
In the past year, Steno has grown to over 100 team members and launched its concierge e-filing and service of process, a natural extension of the essential services law firms need on deferred-payment terms.
FinSMEs
23/05/2023