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

        Carlanda McKinney, Bodify

        Bodify joins Tulsa accelerator with $70K investment, ‘knocking down a lot of dominoes’

        By Tommy Felts | August 14, 2021

        One of Kansas City’s most tenacious founders is in the midst of an intensive, six-month accelerator aimed at bringing her fashion tech startup to revenue without decreasing her ownership stake in the company. “Follow-on investment is nice, but you don’t have a company without revenue,” said Carlanda McKinney, founder and CEO of Bodify. “For me,…

        Image courtesy of Generation Esports

        Esports orgs target more diversity in gaming; Mayor Q to join weekend ‘Among Us’ stream to boost message

        By Tommy Felts | August 13, 2021

        Two Kansas City esports organizations are uniting behind one jersey to help make the rapidly expanding online gaming community more accessible to students in Title 1 schools across Missouri. “Esports brings kids together who might not otherwise have the chance to be a part of a broader community,” said Mason Mullenioux, CEO of Generation Esports…

        Missouri Gov. Mike Parson meets with company leaders at Columbia-based EquipmentShare in January 2020 to discuss state government investment in Missouri innovation

        Missouri angel tax credits? New grants? Show-Me State tech advocates researching next generation of incentives for entrepreneurs

        By Tommy Felts | August 13, 2021

        The future of entrepreneurial support in Missouri could hinge on what those in the trenches say are the state’s biggest barriers to startup success, said Jack Scatizzi, announcing a new data-driven effort to reshape Missouri’s strategy for cultivating innovation. “The initiative will include quantitative and qualitative aspects that will be incorporated into a strategic plan…

        Matthew Marcus, Good KarMa Capital

        KC tech guru, startup advocate talks cryptocurrency’s value: ‘History doesn’t always repeat itself, but it often rhymes’

        By Tommy Felts | August 13, 2021

        Cryptocurrency eventually will cause the most significant exchange of wealth mankind has ever experienced, Matthew Marcus forecast, and the web developer-turned-startup community organizer hopes to help others get involved early.  “We are essentially in the early 1990s of the internet. The same way we talked about the internet and email 20-some years ago, will be…