2020 Startups to Watch: Stenovate streamlines transcription with legal tech breakthrough

January 22, 2020  |  Elyssa Bezner

Lee Zuvanich and Lauren Lawrence, Stenovate

Editor’s note: Startland News selected 10 Kansas City firms to spotlight for its annual Startups to Watch list. The following is one of 2020’s companies. Click here to view the full, ranked list of Startups to Watch.

It’s all systems go for Kansas City-built Stenovate, as the legal tech startup nears public launch with just the right mix of “rocket fuel,” Lauren Lawrence explained. 

8) Stenovate

Elevator pitch: Stenovate is a project management solution for legal professionals to organize transcripts and collaborate efficiently, streamlining workflow to save time and increase revenue.

• Founder: Lauren Lawrence
• Founding year:
2018
Amount raised to date: $340,000
Noteworthy investors:  Karen Fenaroli (Fenaroli Minerva Investment Fund), Fountain Innovation Fund
Programs completed: Pure Pitch Rally award recipient, ElevationLab through Missouri Small Business & Technology Development Center, Digital Sandbox recipient
Current employee count: 2 executive team, 5 contractors

“My North Star right now is getting to launch and [things] will be really exciting in 2020 altogether,” Lawrence, founder of the collaborative legal transcript service, said in anticipation of the startup — her first venture — making its public debut in a climate of high demand, with 860 waitlisted users eager to become paying customers when Stenovate goes live in February. 

“We are so excited to see what happens next month,” the founder said, optimistic for what 2020 holds and grateful for the support of the Kansas City organizations who’ve helped her down the founder’s path — specifically citing the Fountain Innovation Fund as a source of impact and inspiration. 

“When you’re a startup, you’re just trying to keep everybody paid and all the wheels moving, so it’s a really exciting step to have someone like the Fountain Innovation Fund behind us — not only with their capital but with their support and mentorship,” Lawrence said of the Maggie Kenefake led effort, housed within the Enterprise Center in Johnson County. 

Stenovate secured the fund’s second investment in early January, positioning the startup for team growth as it begins to move beyond contract help and adds a like-minded partner, Lee Zuvanich, to the mix.

“I really believe we’re going to see a huge increase in our productivity and velocity because now two people are fully dedicated [to the company,]” Lawrence said, offering insight into the role of Zuvanich — a long-time tech advocate and active supporter of groups such as Kansas City Women in Tech — who is expected to help increase workflow and aid in the development of a path forward for the startup, as its strategy shifts beyond the platform’s launch. 

“I really believe she balances me as far as strengths and weaknesses and it’s just so exciting to have her,” Lawrence noted. 

While Stenovate was designed in the courtroom, geared toward solving a real problem for Lawrence who worked as a stenographer, its platform has a much wider reach — discovering that has been part of the fun of the startup grind for Lawrence, she said. 

Lee Zuvanich and Lauren Lawrence, Stenovate

Lee Zuvanich and Lauren Lawrence, Stenovate

“Our product is mostly utilized by freelance reporters who work in depositions and then edit and proof from home,” she explained, noting the company will expand upward into new markets in the year ahead. 

“We’ve taken a much different approach than anybody else. … This is just one of the most exciting experiments for a community that really needs better business tools, and we’re so happy to be providing those services.” 

New product features and updates to the original platform are expected throughout 2020 — taking into consideration the results of beta testing. 

And although building a startup from scratch is tough, Lawrence is encouraged by the support Kansas City has shown her. 

“I think they’re critical,” she said of programs for founders and support organizations in the metro. 

“The players that help provide resources,  like the Missouri Small Business & Technology Development Center and  things like Pure Pitch Rally and Digital Sandbox are really great for getting visibility and helping to establish funding.”

Continued participation in such programs as well as rising demand with customers is what Lawrence believes will lead the growth-stage startup to its most successful year on record, she said.

Startups to Watch in 2020

1) United American Hemp
2) Tesseract Ventures
3)  ELIAS Animal Health
4) Healium
5) Fishtech
6) Draiver
7) Backstitch
8) Stenovate
9) Boddle Learning
10) Destiny

This story is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that works together with communities in education and entrepreneurship to create uncommon solutions and empower people to shape their futures and be successful.

For more information, visit www.kauffman.org and connect at www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , , ,
Featured Business
    Featured Founder

      2020 Startups to Watch

        stats here

        Related Posts on Startland News

        ‘It’s OK to start small’: She knew nothing about decorating cookies; a year later this baker quit her full-time job to scale up

        By Tommy Felts | July 3, 2024

        Karissa Todd has taken a family recipe, added in a little hard work and dedication, and baked it into a thriving sugar cookie business, she shared. After launching Cookie Bliss KC out of her house in 2018, Todd opened a storefront in the Northland, 3518 Northeast Vivion Road, in November, selling her signature soft sugar…

        KC BioHub leaders refining plan after $75M Tech Hubs proposal fails initial test

        By Tommy Felts | July 2, 2024

        A massive regional initiative to secure federal funds for Kansas City’s burgeoning Tech Hub failed to win approval, BioNexus KC officials announced Tuesday, with advocates lauding organizers’ efforts and pledging to continue their push. The KC BioHub was seeking funding Phase II funding from the Economic Development Administration (EDA) Tech Hubs competition — a process…

        R/Farm Distilling Co. goes against the grain to create opportunity in rural MO

        By Tommy Felts | July 2, 2024

        Editor’s note: The following story was produced through a paid partnership with MOSourceLink, which boasts a mission to help entrepreneurs and small businesses across the state of Missouri grow and succeed by providing free, easy access to the help they need — when they need it. The Rosier family has farmed on the same land…

        New Plaza owner shares vision for iconic district — including a return to local cuisine

        By Tommy Felts | July 1, 2024

        Editor’s note: This story was originally published by Kansas City PBS/Flatland, a member of the Kansas City Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, The Kansas City Beacon, and Missouri Business Alert. Click here to read the original story. Addressing crime, deferred maintenance noted as top priorities; new projects, tenants to follow…