On May 16, 2024, the San Francisco-based AI meeting robot API platform startupRecall.aiannounced it has raised $10 million in Series A funding, bringing its total funding to over $12 million. Investors in this round include Ridge Ventures, Industry Ventures, Y Combinator, IrregEx, Bungalow Capital, Hack VC, and other existing investors.
The company plans to use the raised funds to expand its team and build integrations for more data sources, as well as leverage the new capital to accelerate the development and deployment of new AI-driven products and features.
Recall.ai is a two-year-old startup co-founded by David Gu and Amanda Zhu. The two founders dropped out of the University of Waterloo to create the company together. The company's main business is building infrastructure and a unified API that enables companies to access raw data from virtual meeting platforms such as Google Meet, Microsoft Teams, Slack Huddles, Zoom, and even platforms without APIs. Using this video and audio data, users can build AI-driven meeting bots or applications, such as sales coaching, meeting notes, or daily standup meeting bots.
(News source:TechCrunch）