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New $6.25M Seed Round Helps Huddl.ai Add Intelligence To Remote Meetings

Illustration of remote worker on Zoom meeting.

, came out of聽 stealth mode on Thursday with a $6.25 million seed round funding to help improve the efficiency of remote meetings.

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鈥淎t other companies I worked for, I felt like I spent too much time in meetings and couldn鈥檛 get my work done,鈥 Huddl.ai鈥檚 founder and CEO told 附近上门 News.

Since forming in 2017, the Mountain View, California-based startup has raised a total of $8.7 million. The new round was led by , and , and also included and . The company raised $2.5 million in an earlier seed round, Yarlagadda said.

The new investment will be used to fund product development and Huddl.ai鈥檚 go-to-market strategy, he said.

What it does

Huddl.ai鈥檚 video conferencing service features notes application, automatic speech recognition that turns speech into searchable text, and a recommendation engine that suggests meeting agendas based on participants.

Essentially, the platform creates 鈥渕eeting moments,鈥 called Motes, that are summarized for meeting participants and can serve as future action items and integrate with other applications, such as and calendars. It even informs a group when a participant is running late.

The product has been in beta over the past 12 months, but this year the number of users exploded by 15 to 20 times and is now being used in more than 80 countries, Yarlagadda said.

鈥淚t has helped us get a lot of issues resolved with the beta product,鈥 he added.

Next steps for Huddl.ai

The company has 50 employees right now with an expectation of adding about 20 more by the end of the year, Yarlagadda said.

Other goals include getting the platform into more peoples鈥 hands, adding security solutions–such as face recognition–adding more integrations, and offering templates so customers can customize their layouts.

鈥淢eetings are all about outcomes, and we鈥檝e built our product around making meetings more useful. The theme of adding intelligence is going to continue,鈥 he added.

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