VIQ Solutions - About the company
VIQ Solutions is a public company based in Mississauga (Canada), founded in 2004. It operates as a Cloud and AI based transcription management software. VIQ Solutions has raised an undisclosed amount in funding. The company has 605 active competitors, including 25 funded and 46 that have exited. Its top competitors include companies like Clio, Filevine and Litify.
Company Details
Cloud and AI based transcription management software. It allows users to manage digital assets, and record audio, video, and media evidence for courts, hospitals, insurance, transportation, medical centers, and more. The platform converts speech to manage workflow, bills, and payments. It allows users to capture, manage, and streamline legal proceedings. The application is available on app store and play store.
- Website
- viqsolutions.com
- Social
- Email ID
- *****@viqsolutions.com, *****@viqsolutions.com
- Phone Number
- +1 **********
- Registered Address
- Phoenix,Arizona
Key Metrics
Founded Year
2004
Location
Mississauga, Canada
Stage
Public
Latest Funding Round
Ranked
18th among 605 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2022
Employee Count
318 as on Jul 31, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with VIQ Solutions
VIQ Solutions is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VIQ SOLUTIONS, INC. CIN: 861142392 , United States, Active | Dec 31, 1999 | - | 105 (As on Dec 31, 2020) | - |
VIQ GROUP CO., LTD. CIN: 0105556020948 , Thailand, Active | Feb 01, 2013 | $100M - $500M (As on Dec 31, 2022) | - |
VIQ Solutions's IPO details
VIQ Solutions got listed on Jan 21, 2021.
Click here to take a look at VIQ Solutions's IPO in detail
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VIQ Solutions's funding and investors
VIQ Solutions has raised funding over 8 rounds. Its first funding round was on Jun 16, 2015. VIQ Solutions has 4 institutional investors.
Here is the list of recent funding rounds of VIQ Solutions:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 27, 2024 | 1801969 | Post IPO | 2215159 | 2597855 | 1799451 | 3331769 |
Aug 15, 2023 | 3292655 | Post IPO | 9629715 | 7954517 | 9963118 | 5859712 |
Jul 19, 2022 | 1999776 | Post IPO | 4589313 | 2289665 | 7650810 | 9199287 |
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VIQ Solutions' founders and board of directors
Founder? Claim ProfileVIQ Solutions' employee count trend
VIQ Solutions has 318 employees as of Jul 26. Here is VIQ Solutions's employee count trend over the years:
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VIQ Solutions's Competitors and alternates
Top competitors of VIQ Solutions include Clio, Filevine and Litify. Here is the list of Top 10 competitors of VIQ Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering legal practice management software | $1.79B | 80/100 | ||
2nd |  Filevine 2014, Provo (United States), Series E | Provider of legal practice management software with integrated AI capabilities | $548M | 67/100 | |
3rd | Litify 2016, New York City (United States), Acquired | Cloud based enterprise legal management software | $78.6M | 65/100 | |
4th | Dye & Durham Corp. 1874, New Westminster (Canada), Public | Provider of cloud-based legal practice management and fintech software | $25M | - | 63/100 |
5th | Litera 1995, Chicago (United States), Acquired | Online practice management software for law firms | - | 63/100 | |
6th | Developer of software identifying legal risks from public data sources | $63M | 60/100 | ||
7th | Elite 1980, Culver City (United States), Acquired | Provider of financial, time, invoice, and data management software solutions | - | - | 60/100 |
8th | Case Status 2018, Charleston (United States), Series B | Provider of client intelligence platform for law firms and clients | $33.6M | 58/100 | |
9th | AI powered legal practice management software | $9.52M | 57/100 | ||
10th | MyCase 2009, Goleta (United States), Acquired | Cloud based practice management software for law firms | - | - | 55/100 |
18th | VIQ Solutions 2004, Mississauga (Canada), Public | Cloud and AI based transcription management software | - | 49/100 |
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VIQ Solutions's Investments and acquisitions
VIQ Solutions has acquired 3 companies including The Transcription Agency, wordZXpressed and Transcription Express. VIQ Solutions has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 05, 2021 | Acquisition | 1997 | Hythe (United Kingdom) | |
Feb 26, 2020 | Acquisition | 1993 | Atlanta (United States) | |
Nov 09, 2018 | Acquisition | 1995 | Phoenix (United States) |
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News related to VIQ Solutions
Filter this listMedia has covered VIQ Solutions for a total of 9 events in the last 1 year, 7 of them have been about company updates and 1 about people movement.
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VQS.V: Expanding the Product Portfolio & Growing the Customer BaseZacks Investment Research•Jun 24, 2026•VIQ Solutions
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VIQ Solutions Posts Fifth Straight Positive Adjusted EBITDA QuarterBusiness Wire•Aug 14, 2025•VIQ Solutions
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VIQ Solutions Announces Executive Leadership and Board ChangesFinancial Post•Aug 12, 2025•VIQ Solutions
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VIQ Solutions to Report Second Quarter 2025 Financial Results on Wednesday, August 13, 2025Financial Post•Aug 07, 2025•VIQ Solutions
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VIQ Solutions' FY2024 EBITDA surged $6M, thanks to AI, cost cuts, and renewed contracts.Financial Post•Mar 29, 2025•VIQ Solutions
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