Read AI raised $21M in a Series A funding round led by Goodwater Capital to accelerate the mission of building the future of work enhanced by artificial intelligence.
Apr 02, 2024•over 1 year ago
Amount Raised
$21 Million
Round Type
series a
Investors
Madrona Venture GroupGoodwater Capital
Description
Read AI, a leader in AI-powered meeting summaries, announced a $21 million Series A financing round led by Goodwater Capital, with participation from existing investor Madrona Venture Group. The funds will be used to accelerate the company’s mission of building the future of work, where every interaction is enhanced by artificial intelligence.
FundzWatch™ Score
67
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech