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Top 3 Medical Transcription Software Companies (August 2026)

As of August 2026, Latka tracks 3 medical transcription software companies. They have combined revenues of $109.3M and employ 994 people. They have raised $8.9M.

Every company below sells medical transcription software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Medical Transcription Software Companies do

Medical transcription software is designed to convert audio recordings of medical professionals into text format, facilitating accurate documentation of patient records. This category of software is primarily used in healthcare settings where quick and precise transcription is essential for maintaining patient histories, treatment plans, and other clinical documentation. Typical features of medical transcription software include speech recognition technology, editing tools for accuracy enhancement, and integration capabilities with electronic health record (EHR) systems. The primary users of this software are healthcare providers, transcriptionists, and administrative staff who aim to streamline clinical workflows and enhance documentation accuracy.

Companies
3
Revenue
$109.3M
Funding
$8.9M
Employees
994

Filters

Sorting: Highest -> Lowest

Filters

Top Medical Transcription Software Companies by revenue

Showing 3 of 3 companies ranked by annual revenue.

1TranscribeMe logo
TranscribeMe

San Francisco, California, United States

TranscribeMe is the global leader in speech to text transcription services, providing accurate and reliable transcription solutions to thousands of clients in a wide range of industries. With a worldwide network of highly trained transcriptionists, TranscribeMe is able to provide high-quality transcriptions at scale, fast turnaround times, affordable pricing, and the highest level of security. Our technology enables us to deliver solutions to industries that require the highest levels of consistent accuracy and high security, including the medical, legal, and AI training spaces. At the core of our offering is a proprietary workforce management & task distribution platform that utilizes the very latest in AI to ensure all kinds of tasks are done efficiently and at scale. This is paired with a network of highly trained & skilled global pool of freelancers to enable unstructured audio/video data to be accurately transcribed and annotated in a variety of languages and at any volume. Unique to TranscribeMe is the flexibility our platform and workflows allow. Our capabilities enable us to manage all types of content, and have processes that are compliant with HIPAA, GDPR, and CCPA, as well as content containing PCI & PII. We understand the security of your data is a top priority and have built our platform around ensuring data is stored, accessed, and managed with the highest information security protocols in place. With a global team and headquartered in the Bay Area, California, we work with companies all over the world and provide 24/7 support. We would be delighted to work with you on your transcription needs.

Revenue
$108.6M
Year founded
2011
Funding
$8.9M
Team size
987
2Script AI logo
Script AI

Singapore, Singapore

Script listens, transcribes with precision, and automatically generates medical documentation for you

Revenue
$440K
Team size
4
3MedDATA Corp logo
MedDATA Corp

United States

MedDATA is a one-stop-shop for your electronic medical record solution. Our certified transcriptionists allow providers to spend less time reviewing, editing, and correcting patient files. There are no up front hardware or software fees, as our ASP platform can be accessed through your existing PC’s, iPhones, or iPads. Our customizable modules allow you to use only what you need, and pricing is based on volume, so there’s no expensive service contract. Our team offers you the support and training needed to turn paper folders into a reliable electronic medical record. The MedDATA solution allows practices of all sizes to meet Meaningful Use Requirements for Medicare/Medicaid reimbursements, and brings your medical administration into the 21st century. We’re committed to delivering reliable technology that makes your job easier, not more complex. MedDATA offers personalized, boutique style solutions for medical transcription services. We’re committed to providing reliable technology and services that make your job easier, not more complex. We use standard systems that easily integrate with your existing practice, so there’s no heavy cost in hardware or software. Our staff will bring yours up to date with electronic medical records. Best of all, we can provide on-site training that steers you through implementation and adoption.

Revenue
$330K
Team size
3

Frequently asked questions about Medical Transcription Software Companies

How many medical transcription software companies are there?

Latka tracks 3 medical transcription software companies with reported revenue. Together they generate $109.3M in annual revenue and employ 994 people.

Which medical transcription software company is the largest?

TranscribeMe is the largest, with $108.6M in annual revenue, founded in 2011.

How much revenue does a typical medical transcription software company make?

The average medical transcription software company in this list makes $36.4M a year, across 3 companies with reported revenue.

Who are the leading Medical Transcription software vendors?

Ranked by annual revenue, the leaders are TranscribeMe, Script AI and MedDATA Corp.

How much funding have medical transcription software companies raised?

The 3 medical transcription software companies tracked here have raised $8.9M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- Must provide audio-to-text transcription capabilities specifically tailored for healthcare professionals - Should include features for editing and verifying transcribed text to ensure accuracy - Must integrate with electronic health record (EHR) systems for seamless documentation - Should offer support for various audio formats used in medical dictation - Must comply with healthcare regulations and standards, such as HIPAA - Not just limited to transcription; must include tools for organizing and managing transcribed documents