Fathom, a San Francisco, CA-based provider of a AI-powered meeting intelligence platform, raised $17M in Series A funding.
The round was led by Telescope Partners. Fathom’s Seed investors included Maven Ventures, Character, Active Capital and Rackhouse Ventures.
The company, which also reserved 10% of the round for its users, who invested over $2M via the crowdfunding platform Wefunder in two weeks, intends to use the funds to further develop its Team Edition product, which allows managers to get visibility into customer conversations and coach their teams.
Founded in 2020 by Richard White, Fathom uses artificial intelligence and natural language processing to transcribe, summarize and analyze meetings in real-time. It has invested in building proprietary AI infrastructure from Day One, enabling it to offer a free product while keeping costs low. The platform is designed to be easily customizable, adapting to the needs of various teams.
FinSMEs
19/09/2024