When was Read AI founded?

Read AI was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Read AI located?

Read AI is headquartered in Seattle, United States.

How many employees does Read AI have?

As of Sep 30, 2026, the latest employee count at Read AI is 119.

Is Read AI a funded company?

Read AI is a funded company, having raised a total of $81M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 29, 2021.

How much is Read AI worth?

The latest valuation of Read AI is $***** as of Jun 25, 2025.

When was the latest funding round of Read AI?

Read AI's latest funding was a $***** Series B round on Oct 28, 2024, with participation from 3 investors.

Where does Read AI rank among its competitors?

Read AI ranks 3rd amongst 332 active competitors, of which 49 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Granola, which secured $125M in Mar, 2026.

Who are the top competitors of Read AI?

Read AI's top competitors include Otter.ai, Fireflies and Meet Geek. Among them, Granola secured the most recent funding round in March, 2026.

Read AI - 2026 Company Profile, Team, Funding & Competitors

Read AI is a series B company based in Seattle (United States), founded in 2021 by Robert Williams. It operates as an AI-based platform for sentiment analysis. Read AI has raised $81M in funding from investors like Madrona, Goodwater Capital and Smash Capital, with a current valuation of $*****. The company has 332 active competitors, including 49 funded and 3 that have exited. Its top competitors include companies like Otter.ai, Fireflies and Meet Geek.

Company Details

AI-based platform for sentiment analysis. It automates the mundane in meetings, scheduling, email, and messages to centralize and simplify your knowledge sources. It is set to be the independent system of record for productivity AI where people attend fewer meetings, send less emails, read fewer messages, and decisions are as simple as swiping right.

Website: www.read.ai/
Social
Email ID: *****@read.ai
Phone Number: +1 **********

Key Metrics

Founded Year

2021

Location

Seattle, United States

Stage

Series B

Total Funding

$81M in 3 rounds

Latest Funding Round

Series B, Oct 28, 2024, $*****

Post Money Valuation

$***** as on Jun 25, 2025

Investors

Madrona & 16 more

Ranked

3^rd among 332 active competitors

Employee Count

119 as on Sep 30, 2026

Similar Companies

Otter.ai & 658 more

View Read AI's full profile

Read AI has raised a total funding of $81M over 3 rounds. Its first funding round was on Sep 29, 2021. Its latest funding round was a Series B round on Oct 28, 2024 for $*****. 3 investors participated in its latest round. Read AI has 4 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of Read AI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 28, 2024	2806356	Series B	2452377	3321262	5295595	3181973
Apr 02, 2024	2386698	Series A	4809177	7574204	3945135	Madrona
Sep 29, 2021	4435234	Seed	3071076	9426128	Madrona	Pioneer Square Labs & 13 more

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View details of Read AI's funding rounds and investors

The founders of Read AI is Robert Williams.

Here are the details of Read AI's key team members:

Robert Williams: Co-Founder & CTO of Read AI. They are also an angel investor in 1 startup.

View details of Read AI's Founder profiles and Board Members

Read AI's employee count trend

Read AI has 119 employees as of Sep 26. Here is Read AI's employee count trend over the years:

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Top competitors of Read AI include Otter.ai, Fireflies and Meet Geek. Here is the list of Top 10 competitors of Read AI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Otter.ai 2016, Los Altos (United States), Series B	Developer of an AI meeting agent providing transcription and summarization	$70M	Spectrum Equity, Horizons Ventures & 26 others	80/100
2nd	Fireflies 2016, Pleasanton (United States), Series A	Provider of a platform automating meeting transcription and summarization	$19M	Canaan, Khosla Ventures & 17 others	77/100
3rd	Read AI 2021, Seattle (United States), Series B	AI-based platform for sentiment analysis	$81M	Goodwater Capital, Smash Capital & 15 others	73/100
4th	Meet Geek 2019, Bucharest (Romania), Series A	Developer of software for automated meeting transcription and note taking	$2.56M	Early Game Ventures, Techcelerator & 2 others	63/100
5th	Fathom 2020, San Francisco (United States), Acquired	AI notetaker platform transcribes and summarizes meetings with CRM integration	$21.8M	Maven Ventures, Global Founders Capital & 18 others	62/100
6th	Fellow 2017, Ottawa (Canada), Series A	Secure AI Meeting Assistant for Enterprise and Regulated Teams \| Fellow	$30.5M	Inovia Capital, Felicis Ventures & 9 others	61/100
7th	Granola 2023, London (United Kingdom), Series C	Provider of software for automated meeting transcription and note generation	$192M	Spark Capital, Lightspeed Venture Partners ... & 33 others	61/100
8th	Cluely 2025, San Francisco (United States), Series A	Provider of real-time AI-powered assistance for screen and audio input	$20.3M	Susa Ventures, Abstract Ventures & 2 others	59/100
9th	Sybill AI 2020, Mountain View (United States), Series A	Developer of an AI sales assistant platform for revenue teams	$12.6M	Greycroft, Powerhouse Ventures & 6 others	56/100
10th	Zeplyn 2022, New York City (United States), Seed	Provider of AI platform for wealth managers to improve workflows	$3M	Leo Capital, Converge	56/100