New funding will help the company expand AI-powered legal services and modernize litigation support for law firms across the United States
Los Angeles, California, 26 May 2026 – The legal industry is rapidly embracing digital transformation, and legal technology company Steno is positioning itself at the center of that shift. The Los Angeles-based company has raised $49 million in Series C funding to strengthen its AI-driven litigation platform and expand court reporting services nationwide.
The funding round was led by Savano Capital Partners with continued support from investors, including First Round Capital and The Legal Tech Fund. The investment highlights growing confidence in the future of legal technology, especially solutions that improve efficiency and reduce manual work in law firms.
Steno specializes in court reporting, litigation support, and transcript management services for attorneys and legal teams. The company plans to use the new capital to expand operations across the United States, improve its proprietary technology platform, and accelerate development of AI-powered tools for legal professionals.
One of the company’s major focus areas is Transcript Genius, its AI-enabled transcript analysis platform. The tool is designed to help lawyers review depositions and legal transcripts faster while improving accuracy and productivity. By combining human expertise with artificial intelligence, Steno aims to simplify complex legal workflows and reduce the time attorneys spend on repetitive administrative tasks.
The latest investment also reflects a broader trend in the legal industry, where firms are increasingly adopting AI-based solutions to improve operations, case management, and client services. Legal tech companies are receiving significant investor attention as demand rises for automation, cloud-based litigation support, and smarter legal research tools.
According to company executives, Steno’s long-term vision is to create a unified legal support ecosystem where advanced technology works alongside experienced litigation professionals. The company is also aiming to increase its presence among major law firms and high-stakes litigation practices across the country.
As artificial intelligence continues to reshape industries worldwide, the legal sector is emerging as one of the fastest-growing markets for innovation. With fresh funding and expanding technological capabilities, Steno is positioning itself as a key player in the future of modern legal services.
