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Read AI raised $50M in Series B funding led by Smash Capital to enhance its copilot integration with Slack, Zoom, Teams, and Gmail.

PRIVATEOct 28, 2024

Amount Raised

$50 Million

Round Type

Series B

SeattleSoftwareArtificial IntelligenceMessagingMachine LearningNatural Language Processing

Investors

MadronaGoodwater CapitalSmash Capital

Description

Read AI, a Seattle-based startup, secured $50 million in Series B funding to expand its enterprise productivity software tools. This round was led by Smash Capital with participation from Madrona and Goodwater Capital.

Quick answer

Read AI raised $50 Million in a Series B round, dated October 28, 2024. Investors: Madrona, Goodwater Capital and Smash Capital. Read AI is based in Seattle, Washington, United States.

How much did Read AI raise?
Read AI raised $50 Million in a Series B round on October 28, 2024.
Who invested in Read AI?
Madrona, Goodwater Capital and Smash Capital are named as investors in this round.
What does Read AI do?
Read AI is a leader in AI-powered meeting summaries, offering connected intelligence to meetings, email, and messaging platforms including Gmail, Outlook, Teams, and Slack.
Where is Read AI based and how big is it?
Read AI is based in Seattle, Washington, United States.
Who are the decision-makers at Read AI?
Fundz holds 1 contact at Read AI, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who to call at Read AI, and when

A new round usually means Read AI is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Read AI

Location

999 Third Ave, Suite 3300

Seattle, Washington, United States

About

Read AI is a leader in AI-powered meeting summaries, offering connected intelligence to meetings, email, and messaging platforms including Gmail, Outlook, Teams, and Slack. The company's mission is to build the future of work where every interaction is enhanced by artificial intelligence.

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Fundz sees it the moment Read AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsDavid S., Executive Officer, Director hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Read AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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