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In the Press: TranscribeMe Announces New, Low-Cost Transcription Solution

By August 3, 2016September 4th, 2021No Comments

Just yesterday we introduced you to our brand new, low-cost transcription service, First Draft Transcription. Now with our launch of First Draft available to everyone, you can check out the official press release to learn every high-level detail!

View the official press release below, via PRWeb.

TranscribeMe Announces New, Low-Cost Transcription Solution

Budget-Friendly, On-Demand Transcripts Starting at Just $0.79 per Audio Minute

SAN FRANCISCO, Calif (PRWEB) August 03, 2016TranscribeMe, the market leader in fast, on-demand consumer and enterprise transcription via its proprietary voice-to-text platform, is announcing the launch of a brand new service, offering lowest prices with rapid turnaround time — cents instead of dollars, and hours instead of days.

Based on the award-winning TranscribeMe platform that combines a crowd workforce of over 300,000 transcriptionists, the new First Draft Transcription service allows for fast and affordable transcripts of any volume, at just $0.79 per audio minute. With an innovative, secure micro-tasked process to complete each project, hundreds of crowd workers collaborate on each First Draft transcript, allowing TranscribeMe to offer the fastest human-verified transcription in the world.

“With our new First Draft Transcription, we’re thrilled to offer amazing service, fast turnaround and accuracy of 90-95%, all at the lowest price point in the industry.” said TranscribeMe Co-Founder and CEO, Alexei Dunayev. “First Draft is a unique service compared to traditional transcription offerings and we hope our customers find it useful for their transcription needs.”

As the most cost-effective transcription solution available today, the new First Draft Transcription service is ideal for college and graduate school students, business and administrative professionals, researchers and journalists, and anyone else in need of transcriptions delivered more quickly and affordably than traditional services. This new service is in addition to TranscribeMe’s standard and premium solutions, which allow customers to receive advanced transcription that includes speaker IDs and timestamps.

About TranscribeMe

Founded in New Zealand and headquartered in the San Francisco Bay Area, TranscribeMe offers premium, top-rated speech-to-text transcription, translation and voice analytics services for leading companies all over the world. TranscribeMe’s transcription workflow transforms audio and video content into easily shareable and searchable formats. In providing a unique, accurate and scalable service, TranscribeMe’s customers vary from leading global enterprises to students and SMBs across a variety of key verticals. Learn more at