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Granola raises $125M, hits $1.5B valuation as it expands from meeting notetaker to enterprise AI app

CN
CitrixNews Staff
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Granola raises $125M, hits $1.5B valuation as it expands from meeting notetaker to enterprise AI app

Users might not like bots in meetings visibly taking notes, but a lot of them don’t mind if an app on someone’s computer is doing the transcription. That’s the core reason behind Granola’s popularity, which helped it secure $125 million in Series C funding led by Danny Rimer at Index Ventures, with participation from Mamoon Hamid at Kleiner Perkins. This has tipped the company’s valuation to $1.5 billion, it said, up from $250 million as of the last round.

The company said that existing investors like Lightspeed, Spark and NFDG participated in the round as well. With this round, which comes less than a year after its $43 million round, the startup has raised $192 million.

Originally reported by TechCrunch