Read AI - About the company
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 262 active competitors, including 55 funded and 2 that have exited. Its top competitors include companies like Fireflies, Otter.ai and Motion.
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/
- 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
Post Money Valuation
$***** as on Oct 28, 2024
Ranked
3rd among 262 active competitors
Employee Count
113 as on Jun 30, 2026
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Read AI's funding and investors
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 | 5914817 | Series B | 3313411 | 6550811 | 2730363 | 4342152 |
Apr 02, 2024 | 7905246 | Series A | 9001992 | 1106976 | 5652734 | |
Sep 29, 2021 | 5438418 | Seed | 9760828 | 8622113 |
View details of Read AI's funding rounds and investors
Read AI's founders and board of directors
Founder? Claim ProfileThe 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 113 employees as of Jun 26. Here is Read AI's employee count trend over the years:
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Read AI's Competitors and alternates
Top competitors of Read AI include Fireflies, Otter.ai and Motion. Here is the list of Top 10 competitors of Read AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Fireflies 2016, Pleasanton (United States), Series A | Provider of a platform automating meeting transcription and summarization | $19M | 76/100 | |
2nd | Otter.ai 2016, Los Altos (United States), Series B | Developer of an AI meeting agent providing transcription and summarization | $70M | 75/100 | |
3rd | Read AI 2021, Seattle (United States), Series B | AI-based platform for sentiment analysis | $81M | 67/100 | |
4th | Motion 2019, Mountain View (United States), Series C | Developer of a web-based time management platform | $102M | 65/100 | |
5th | Developer of software for automated meeting transcription and note taking | $2.56M | 62/100 | ||
6th | Fellow.ai | AI Meeting Assistant and Notetaker | $30.5M | 59/100 | ||
7th | Cluely 2025, San Francisco (United States), Series A | Provider of real-time AI-powered assistance for screen and audio input | $20.3M | 59/100 | |
8th | Fathom 2020, San Francisco (United States), Series A | AI notetaker platform transcribes and summarizes meetings with CRM integration | $21.8M | 57/100 | |
9th | Recall.ai 2020, San Francisco (United States), Series B | Cloud-based meeting bot assistant for enterprises | $50.7M | 56/100 | |
10th | Grain 2016, San Francisco (United States), Series A | Platform offering video meeting solution for workspace | $23M | 56/100 |
Looking for more details on Read AI's competitors? Click here to see the top ones
Read AI's Investments and acquisitions
Read AI has made no investments or acquisitions yet.
Reports related to Read AI
Here is the latest report on Read AI's sector:
News related to Read AI
Media has covered Read AI for a total of 3 events in the last 1 year, 3 of them have been about company updates.
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Read AI's agentic Workflow Suite helps employees to analyze communicationSiliconAngle•Sep 17, 2025•Read AI
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Welsh college submits plans for 50-bed student accommodation complexInsider Media•Jan 31, 2025•Coleg Gwent, Read AI, AGCO, Kubota
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Madrona Announces $770 Million in New Capital for Madrona Fund X and Acceleration Fund IVBusiness Wire•Jan 24, 2025•Madrona, Runway, Statsig, MotherDuck and 3 others
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Read AI has filed a notice of an exempt offering of securities to raise $50 Million in New Equity Investmentintelligence360•Nov 09, 2024•Read AI
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Read AI Raises $21 Million to Further ‘Connected Intelligence’WebProNews•Oct 28, 2024•Read AI, Smash Capital, Madrona, Goodwater Capital
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AI Startup Read Announces New Funding at $450 Million ValuationU.S. News•Oct 28, 2024•Read AI, Smash Capital, Madrona, Goodwater Capital and 1 other
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