David Shim@davidshim
I'm excited to announce that Read AI has raised $21MM Series A led by @GoodwaterCap! In addition to the raise, @Read_CMO is introducing Readouts, AI summaries for email and messages (to go along with meetings).
This past year has been one for the record books with a 15x increase in meetings summarized, 18x increase in revenue, and 19x increase in new accounts (January 2023 vs March 2024).
As part of the raise, Coddy Johnson, Partner at Goodwater, and former President and COO of Activision Blizzard will be joining the Board of Directors.
“Read AI is at the forefront of reshaping how we work and collaborate. Whether in office, remote, in a community or with our families, Read AI’s connected intelligence brings together all the disparate inputs - meetings, emails and messages - to deliver clear actions and insight. These capabilities have made Read AI one of the fastest-growing consumer utility apps of all time. Goodwater is honored to join David and his team as a partner to help accelerate their growth and impact even further" - Coddy Johnson
Read is about getting to the heart of work – creating value, not sorting emails, expanding threads, and sitting in meetings and we couldn't be more excited to build to this mission with Goodwater, @MadronaVentures, @mattmcilwain.
And a special call out to the team at Read, and my co-founders Robert Williams and Elliott Waldron. We started with the idea that meetings could be improved with technology, and now we're building the future of connected intelligence and productivity AI.
read.ai/post/read-ai-r…
