Rev.com operates a curated freelancer marketplace focused on audio transcription and translations, using technology to speed turnaround and streamline freelancer workflows. The company screens applicants tightly, accepting about 10% and using a second pool to proof and grade completed work. Its browser-based transcription environment includes features like rewind controls, speaker labeling, and custom shortcuts to improve speed and accuracy; the platform was described as "about half done." Rev.com displays pricing publicly (e.g., $1 per minute transcription; $0.12 per word business translation; $33 per page certified translation) and takes a cut of each project, paying workers a little over half of what it charges. Operational metrics cited include roughly 1,000 regular business customers (including Pfizer, U.S. Bank, NYU, and others), translators earning on average about $1,000/month part-time (some up to $4,000), and transcriptionists earning roughly one quarter of that; 20% of transcription customers are in media. The company plans to expand its service lineup beyond transcription and translation and will use new funding to continue product development and hire additional engineers.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2013