Transcripted vs Fathom

Fathom charges $15/month and processes your meetings in the cloud. Transcripted is free, open source, and runs 100% on your Mac. Here's how they compare.

Download Transcripted — Free

At a glance

Transcripted Fathom
PriceFree forever$15/month
Processing100% localCloud
Audio sent to serversNeverYes
No meeting bot
Speaker identification PersistentLimited
Learns voices over time
Local file output✓ Native filesCloud storage
Agent-ready output✓ Files on diskCloud API only
Works offline
Open source✓ MIT

Why local processing matters

Fathom is a solid product for teams that want automated meeting summaries and cloud storage. But its core architecture — cloud processing — creates a trust dependency. Every meeting you record, every conversation you have, goes through Fathom's servers. That includes sensitive discussions: compensation reviews, client strategy, product roadmaps, hiring decisions.

With Transcripted, audio is processed on your Mac using Apple's Neural Engine. The files Transcripted creates live in ~/Documents/Transcripted/. They never touch a server. You can read them, move them, delete them, sync them wherever you want — and no one else can.

That's not a feature. It's an architectural guarantee.

The cost math

Fathom is $15/month per user — $180/year. Over three years that's $540 per user for meeting transcription. Transcripted is $0. It's MIT licensed, which means it's free to use, free to modify, and free to ship to your whole team. There's no paid tier being planned.

The reason it can be free: it runs on hardware you already own. The M-series Neural Engine handles the transcription pipeline faster than a cloud API and costs nothing per request.

Where Fathom is better

To be honest: Fathom has AI summaries and cloud storage. Transcripted doesn't yet. If you need automatic meeting summaries, action items, and follow-up drafts inside the app, Fathom does that today.

Fathom also has a polished, consumer-facing UI and a more established product. If you're not technical and want everything in one place without thinking about files, Fathom works.

But if you care about privacy, if you're using AI agents that need context about your meetings, if you use Obsidian, or if $15/month for transcription feels wrong — Transcripted is the answer.

Frequently asked questions

Is Transcripted a good Fathom alternative?

Yes. Transcripted is a free, open source, 100% local alternative to Fathom. Unlike Fathom, Transcripted processes all audio on your Mac — nothing is sent to the cloud. It's MIT licensed with no subscription.

How much does Fathom cost vs Transcripted?

Fathom charges $15/month per user. Transcripted is free forever — MIT licensed, no subscription, no usage limits.

Does Fathom process audio locally?

No. Fathom processes all audio in the cloud. Transcripted processes everything on your Mac using Apple's Neural Engine — your audio never leaves your machine.