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Stephanie Turner
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8 months ago
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Developer of a bot for summarizing Read AI information has attracted $50 million in investment
- Read AI bot is used for email, Slack, Jira, Confluence and more.
- A new $50 million round of investment was led by Smash Capital
- Just six months ago, the startup had already received $21 million in investments
- The startup has attracted 100+ thousand new users in six months
- That is, Read AI doubled its registrations in six months
- The valuation of the Read AI startup for the new round has not been disclosed
- The startup also released its Chrome extension today
- The Chrome extension is offered by the startup for free
- Read AI already has 40 employees and will have 100 employees by the end of Q1 2025.
- Madrona and Goodwater Capital were also among the investors.
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