When was VIQ Solutions founded?

VIQ Solutions was founded in 2004 and raised its 1st funding round 11 years after it was founded.

Where is VIQ Solutions located?

VIQ Solutions is headquartered in Mississauga, Canada. It is registered at Phoenix,Arizona.

How many employees does VIQ Solutions have?

As of Sep 30, 2026, the latest employee count at VIQ Solutions is 222.

Is VIQ Solutions a funded company?

VIQ Solutions is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Jun 16, 2015.

When was the latest funding round of VIQ Solutions?

VIQ Solutions' latest funding was a $***** Post IPO round on Feb 27, 2024, with participation from 0 investor.

What is the annual revenue of VIQ Solutions?

Annual revenue of VIQ Solutions is between $100M and $500M as on Dec 31, 2022

Where does VIQ Solutions rank among its competitors?

VIQ Solutions ranks 19th amongst 793 active competitors, of which 26 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Clio, which secured $500M in Nov, 2025.

Who are the top competitors of VIQ Solutions?

VIQ Solutions' top competitors include Clio, Filevine and Litify. Among them, Clio secured the most recent funding round in November, 2025.

VIQ Solutions - 2026 Company Profile, Funding, Competitors & Financials

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

Post IPO, Feb 27, 2024, $*****

Investors

Echelon & 3 more

Ranked

19^th among 793 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2022

Employee Count

222 as on Sep 30, 2026

Investment & Acquisitions

The Transcription Agency & 5 more

Similar Companies

Tolemaica & 14 more

Exit Details

Public

View VIQ Solutions' full profile

VIQ Solutions is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
VIQ GROUP CO., LTD. CIN: 0105556020948 , Thailand, Active	Feb 01, 2013	$100M - $500M (As on Dec 31, 2022)	-
VIQ SOLUTIONS, INC. CIN: 861142392 , United States, Active	Dec 31, 1999	-	105 (As on Dec 31, 2020)	-

VIQ Solutions got listed on Jan 21, 2021.

Click here to take a look at VIQ Solutions's IPO in detail

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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 27, 2024	1013980	Post IPO	4592105	9035712	5817310	2350650
Aug 15, 2023	1414900	Post IPO	7569612	6392367	6138294	9160839
Jul 19, 2022	7410624	Post IPO	4110053	2943826	8340635	1767479

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VIQ Solutions' employee count trend

VIQ Solutions has 222 employees as of Sep 26. Here is VIQ Solutions's employee count trend over the years:

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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:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Clio 2008, Vancouver (Canada), Series G	Platform offering legal practice management software	$1.79B	T. Rowe Price, TCV & 21 others	80/100
2nd	Filevine 2014, Provo (United States), Series E	Provider of legal practice management software with integrated AI capabilities	$548M	StepStone Group, Insight Partners & 11 others	67/100
3rd	Litify 2016, New York City (United States), Acquired	Cloud based enterprise legal management software	$78.6M	Fortress, Tiger Global Management & 1 others	65/100
4th	Dye & Durham Corp. 1874, New Westminster (Canada), Public	Developer of software for legal practice management and financial transactions	$25M	-	63/100
5th	Eve 2020, San Francisco (United States), Series B	Developer of AI legal software for plaintiff law firms	$164M	Spark Capital, Lightspeed Venture Partners ... & 2 others	62/100
6th	Darrow 2020, Tel Aviv (Israel), Series B	Developer of software identifying legal risks from public data sources	$63M	Georgian, F2 Capital & 5 others	61/100
7th	Elite 1980, Culver City (United States), Acquired	Provider of financial, time, invoice, and data management software solutions	-	-	60/100
8th	Litera 1995, Chicago (United States), Acquired	Online practice management software for law firms	-	Hercules Capital, HgCapital Trust & 1 others	59/100
9th	Smokeball 2010, Chicago (United States), Series B	Cloud based legal practice management software	$30M	-	59/100
10th	Case Status 2018, Charleston (United States), Series B	Provider of client intelligence platform for law firms and clients	$33.6M	Panoramic Ventures, Grayhawk Capital & 11 others	58/100
19th	VIQ Solutions 2004, Mississauga (Canada), Public	Cloud and AI based transcription management software	-	Echelon, Crown Capital Partners & 2 others	46/100

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VIQ Solutions has not made any investments yet. VIQ Solutions has made 6 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 05, 2021	Acquisition	The Transcription Agency	1997	Hythe (United Kingdom)
Feb 26, 2020	Acquisition	wordZXpressed	1993	Atlanta (United States)
Feb 04, 2020	Acquisition	FDCH	2016	Winchester (United States)