Read AI offers an AI co-pilot that listens to meetings, transcribes them, generates notes and recommendations, and ties those insights to related content across email, Slack and enterprise tools like HubSpot, Jira and Confluence. The company is deploying large language models to unify text from meetings, messages and emails so users get contextual summaries, highlights and draft generation across platforms. This year Read AI launched a free Chrome extension that surfaces scheduling links, meeting reports, quick add-to-meeting actions, recommendations and highlighted points within email threads. The product focus is “a copilot everywhere,” pulling in content from multiple apps to give summaries and recommendations while maintaining leadership on meeting notes. Read AI reports strong user momentum: more than 100,000 new accounts and, in less than six months, it has doubled sign-ups, active users and MRR. The company has 40 employees and aims to grow to about 100 by the end of Q1 2025. Read AI provides generative-AI meeting summaries and connected intelligence that unifies meetings, email, and messaging into personalized, actionable briefings called Readouts. The company offers intelligent agents for meetings (previously available on Microsoft Teams, Google Meet, and Zoom) and recently expanded Readouts to Gmail, Outlook, Teams, and Slack. Read AI emphasizes turning dialogue into action to reduce time spent on process work and increase time on value-creating tasks. Over the last year the company reported a 12X increase in monthly active users and a 15X increase in measured meetings across 40+ countries. The new funding is intended to accelerate Read AI’s goal of building the future of work by expanding connected intelligence across communications. Leadership frames the product as an AI autopilot that helps knowledge workers attend fewer calls and spend less time on email and messaging. Read AI's first product, Read Dashboard, provides real-time graphs and meters for virtual meetings that show if participants are dominating the conversation, bored, disengaged or reacting negatively. The dashboard leverages artificial intelligence, computer vision and natural language processing and is available as a free service on Zoom via Google Calendar integration; it notifies attendees when activated and can be removed. The company plans to add paid features for additional use cases and expand platform support to WebEx, Teams and Google Meet, plus integrations with other parts of the digital world such as Facebook and Apple Glass. Read launched from stealth and has seen rapid adoption, growing to 15 employees in less than five months. The team says there is strong demand driven by a large global video conferencing market and widespread virtual meeting inefficiencies. Read raised a seed round to fund hiring and product expansion.

Total raised

$81M

Funding rounds

3

Latest round

Series B

Latest activity

Oct 2024