# Grain Intelligence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/grain-intelligence

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.grain.com
- Total disclosed funding: $20M
- Latest round: Series A (Apr 13, 2022)
- Investors on record: 10

## About

Grain Intelligence, Inc., based in San Mateo, California, specializes in an AI-driven notetaking platform that enhances productivity by automating the capture of meeting insights for teams.Founded in 2018 by Aaron Tague, Jake Adams, Lexey Swall, and Ryan Johnson, Grain Intelligence, Inc. has positioned itself as a key player in the productivity software sector. The company has conducted 2 deals, with its most recent transaction occurring on April 13, 2022, when it raised USD 16.00 mn in Series A funding led by Tiger Global Management, alongside participation from Freestyle VC, Acrew Capital, Slack Fund, Peterson Partners, Unusual Ventures, and Zoom Apps Fund. The total amount raised by the company is USD 16.00 mn.Grain offers an AI-driven notetaking platform designed to enhance productivity for growing teams by automating the process of capturing meeting insights. The core product enables users to generate accurate meeting summaries, transcripts, and actionable insights without manual note-taking, allowing participants to remain fully engaged during discussions. Key functionalities include customizable meeting templates, automatic identification of action items, and the ability to share video clips of important moments. Grain serves a diverse client base, primarily targeting sales and customer success teams across industries, who require effective collaboration and follow-up mechanisms to improve their productivity. The platform is accessible to organizations operating in various geographical markets, including North America, Europe, and parts of Asia.Grain generates revenue through a subscription-based model, offering its services primarily on a monthly or annual basis. Clients can access the platform at a rate of USD 29 per user per month for the annual plan, which provides features such as automated meeting transcriptions, CRM integration, and follow-up email generation. The company’s clientele comprises teams from sales, customer success, and other departments that benefit from streamlined communication and documentation processes. Transactions typically occur directly between Grain and its customers, ensuring a seamless onboarding experience and maintaining ongoing support for subscribers. The company’s pricing structure and feature set cater to the needs of small to medium-sized enterprises, allowing them to leverage advanced AI capabilities without the burden of extensive administrative tasks.In April 2022, Grain Intelligence, Inc. raised USD 16.00 mn in Series A funding, which will be utilized to accelerate growth and expand its product solutions to meet customer demand. The company's strategy includes the development of new products aimed at enhancing the capabilities of their platform, though specific launch dates have not been disclosed. Additionally, the company plans to expand into new geographic markets, focusing on increasing its presence in Europe and parts of Asia by the end of 2023.

## Funding rounds

- Series A, Apr 13, 2022, $16M — Peterson Partners, Tiger Global Management, Freestyle VC, Slack Fund, Unusual Ventures, Acrew Capital, Zoom Apps Fund
- Seed, Apr 17, 2020, $4M — Peterson Partners, Kickstart, Next World Capital, Founder Collective, Slack Fund, Acrew Capital

## Investors

- Peterson Partners (https://capitalatlas.ai/funds/peterson-partners) — Seed, Series A
- Kickstart (https://capitalatlas.ai/funds/kickstart) — Seed
- Next World Capital (https://capitalatlas.ai/funds/next-world-capital) — Seed
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- Slack Fund (https://capitalatlas.ai/funds/slack-fund) — Seed, Series A
- Acrew Capital (https://capitalatlas.ai/funds/acrew-capital) — Seed, Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- Freestyle VC (https://capitalatlas.ai/funds/freestyle-vc) — Series A
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Series A
- Zoom Apps Fund (https://capitalatlas.ai/funds/zoom-apps-fund) — Series A