In 2018, aspiring actress Laura Meldon founded Academic Transcription, an Australian company providing transcription and captioning services for e-learning platforms.
That year, she appeared on Shark Tank Australia and secured a $300,000 investment from Glen Richards for 40% equity.
As of 2025, Academic Transcription’s net worth has increased to over $3 million, with annual revenue of approximately $1.5 million. The company continues to operate successfully, serving over 25 universities and assisting in transcribing over 10 million documents.
Academic Transcription Net Worth
Net worth | $3 million (2025) |
Annual Sales Revenue | $ 1.5 million (2025) |
Lifetime sales | Not available |
Investor | Glen Richards |
Founder | Laura Meldon |
Employees | 20 |
The Academic Transcription Pitch on Shark Tank
Company name | Academic Transcription |
Product | Audio and video transcription service for e-learning platform |
Episode | Season 04 Episode 05 |
Founder | Laura Meldon |
Asked For | $300k for 20% |
Final Deal | $300k for 40% |
Shark | Glen Richards |
Location | Queensland Australia |
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Academic Transcription Founder
An aspiring actress, Laura Meldon a star performer who lives in New York. She was the inventor of the company “ Academic Transcription”. She originally entered the business as an independent transcriber before producing her own little business in 2012, also occupying a similar business 10 times its size in 2015. Now, Laura divides her time between working on her business and traveling for her acting job. As of 2025, Academic Transcription founder, Laura Meldon has a net worth of around $3 million.
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Academic Transcription and its continued success.