# Otter.ai

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

- Industry: Software
- Headquarters: Los Altos, US
- Website: www.otter.ai
- Total disclosed funding: $383M
- Investors on record: 16

## About

Founded in 2016 and based in California, US, Otter.ai, Inc., formerly known as AISense, Inc. operates as an AI-powered collaborative note-taking and productivity application provider. The company was co-founded by CEO Sam Liang Ph.D. and VP of Engineering Yun Fu. In February 2021, Otter.ai raised USD 50 million in Series B funding and USD 10 million in venture debt financing led by Spectrum Equity, with participation from Horizons Ventures, Draper Associates, GGV Capital, Draper Dragon Fund, and other investors.

Otter.ai provides an AI-powered collaborative note-taking and productivity app that work with video conferencing platforms like Zoom and Google Meet and with phone calls and other voice communications. The Otter Voice Meeting Notes app uses proprietary artificial intelligence to generate secure, shareable, searchable, rich notes in real-time that combine audio, transcription, speaker identification, inline photos, and key phrases. Otter.ai also offers Otter for Education, which lets instructors control access to recorded transcripts and complements student disability services and accessibility technologies; and Otter for Teams, a subscription solution designed to accommodate the needs of small and medium-sized businesses with account management, provisioning, reporting, and other features.

Otter.ai’s revenue skyrocketed at 800% in 2020 as the company adopted in more than than 230 countries.

The company plans to triple its headcount over the next year to support its rapid growth and recruit talent in artificial intelligence, deep learning, natural language processing, front-end and back-end engineers, data engineering, and key leadership positions.

## Funding rounds

- Round, Oct 20, 2026, $320M — Customer Value Fund, General Catalyst, General Catalyst Customer Value Fund
- Series B, Jan 28, 2021, $50M — Spectrum Equity, Granite Asia, Horizons Ventures, Draper, Foothill Ventures, Omega Venture Partners, Draper Dragon Fund
- Series A, Oct 20, 2017, $10M — DFJ DragonFund China, Horizons Ventures, Draper, Bridgewater Associates
- Seed, Sep 15, 2016, $3M — 500 Global, DFJ DragonFund China, Slow, Draper, DHVC, SV Tech Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- DFJ DragonFund China (https://capitalatlas.ai/funds/dfj-dragonfund-china) — Seed, Series A
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Draper (https://capitalatlas.ai/funds/draper) — Seed, Series A, Series B
- DHVC (https://capitalatlas.ai/funds/dhvc) — Seed
- SV Tech Ventures (https://capitalatlas.ai/funds/sv-tech-ventures) — Seed
- Horizons Ventures — Series A, Series B
- Bridgewater Associates — Series A
- Spectrum Equity (https://capitalatlas.ai/funds/spectrum-equity) — Series B
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series B
- Foothill Ventures (https://capitalatlas.ai/funds/foothill-ventures) — Series B
- Omega Venture Partners (https://capitalatlas.ai/funds/omega-venture-partners) — Series B
- Draper Dragon Fund — Series B
- Customer Value Fund
- General Catalyst
- General Catalyst Customer Value Fund