Trinity Capital, a provider of diversified financial solutions to growth-oriented companies, committed $20 million in growth capital to Steno, a tech-enabled provider of legal support and court reporting services.
“Steno’s comprehensive product suite and bespoke solutions are aimed at modernizing the legal industry, striving to making the litigation process simpler and more efficient for attorneys,” Bob D’Acquisto, managing director, tech lending at Trinity, said. “We are proud to partner with Steno as the company expands its reach and enhances its product offerings.”
This new growth capital formed part of Steno’s $46 million fundraise in May of 2024, and is designed to enable Steno to continue scaling its business.
“We’re thrilled to partner with Trinity Capital to fuel our next phase of growth,” Greg Hong, CEO of Steno, said. “With their investment, we’ll continue to push the boundaries of innovation and deliver cutting-edge solutions like Transcript Genius. Building on our 119% year-over-year growth, we’re excited about the future.”
