Company Research Report: Parrot Tech, Inc.
Company Overview
Name
Parrot Tech, Inc.
Mission
Parrot Tech aims to streamline time-consuming, burdensome legal processes by providing an advanced platform that facilitates remote depositions and offers immediate, searchable transcripts synced to audio/video.
Founded
No information is available.
Founders
No information is available.
Key People
No information is available.
Headquarters
169 Madison Ave #2380, New York, NY 10016
Number of Employees
No information is available.
Revenue
No information is available.
Known For
Parrot Tech is known for revolutionizing remote depositions by offering a comprehensive, easy-to-use platform that centralizes deposition activities, making it possible to conduct depositions remotely with significant time and cost savings.
Products
Depositions
- Description: Parrot's remote deposition platform centralizes deposition activities into a single, reliable system.
- Key Features:
- Time-efficient workflow.
- Remote video capabilities.
- Reliable and easily accessible.
Transcripts
- Description: Provides searchable transcripts synced to audio/video immediately after deposition takes place.
- Key Features:
- Instant availability.
- Searchable and synced to audio/video.
- Includes rough drafts quickly accessible after a deposition.
Deposition Summaries AI
- Description: Automated AI-generated deposition summaries for quickly identifying important facts.
- Key Features:
- Rapid summary creation.
- Saves attorneys’ time.
- Enhances overall case outcomes.
Narrative Deposition Summaries
- Description: Upgraded feature enabling narrative-style summaries of depositions.
- Key Features:
- Streamlines oral discovery.
- Supports strategic work.
- Enhances efficiency in fact-finding.
Semantic Search
- Description: Advanced search functionality that identifies semantically related text.
- Key Features:
- Finds related terms (e.g., injury → broken leg).
- OCR for document exhibits.
- Image search and filters for precise search results.
Exhibits Management
- Description: Manages exhibits during proceedings.
- Key Features:
- Uploading, previewing, marking, and presenting exhibits.
- Secure, private exhibit management.
Note-taking & Highlights
- Description: Facilitates note-taking and highlighting key moments in transcripts.
- Key Features:
- Sidebar notes and highlights.
- Collaboration features.
- Audio and video playback of highlighted moments.
Cut & Share Video Clips
- Description: Allows sharing of important video testimonies.
- Key Features:
- Clip creation from transcript text.
- Optional closed captions.
- Shareable URL or downloadable video file.
Recent Developments
New Products Launched
- Medical Record Summary Platform: Introduced to streamline the process of reviewing and chronicling medical records, providing a new solution within Parrot’s offerings.
- Narrative Deposition Summaries: Released to improve the efficiency and fact-finding capabilities during depositions.
New Features Added
- Semantic Search: Introduced for faster and easier discovery of relevant text, OCR for exhibits, and image search.
- Exhibits Management: New app functionality for uploading, previewing, marking, and presenting exhibits.
Partnerships
No information is available.
Other Developments
- AI-generated Deposition Summaries: Enhanced the platform’s AI capabilities to quickly summarize deposition transcripts.
- Transcript Import: Added functionality to import transcripts from other sources for a unified experience on the Parrot platform.
Summary
Parrot Tech, Inc. is an innovative leader in the legal technology space, providing an advanced remote deposition platform that delivers significant time and cost savings. With continual feature upgrades and new product launches, Parrot enhances the efficiency, reliability, and effectiveness of legal proceedings through its comprehensive suite of tools and AI-driven functionalities.