# StayIn

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

- Industry: Software
- Headquarters: US
- Website: www.spinach.io
- Latest round: Seed (Aug 2, 2022)
- Investors on record: 6

## About

StayIn, Inc. is a US-based company that specializes in enhancing meeting productivity through innovative tools that record, transcribe, and summarize meetings, while automating post-meeting tasks to streamline workflows for businesses.Founded in 2021 by Josh Willis and Yoav Grossman, StayIn, Inc. offers solutions that improve business meeting processes. The company operates globally, with its headquarters located in the United States. StayIn has completed three deals, with the most recent deal occurring on August 2, 2022, when it raised USD 1.50 mn in a SEED funding round from investors including Maven Ventures and Y Combinator. This latest round marks the total amount raised by the company at USD 1.50 mn.Spinach offers a comprehensive suite of meeting productivity tools designed to enhance the efficiency and effectiveness of business meetings. At its core, Spinach records, transcribes, and summarizes meetings, whether they occur remotely, in a hybrid format, or in-person. The platform automates post-meeting tasks by integrating seamlessly with various tools, such as CRMs and project management systems, thereby minimizing administrative burdens for users. Spinach serves a diverse clientele, including product managers, engineers, marketers, and human resources professionals, enabling them to capture key decisions, action items, and insights during their meetings. Spinach operates in multiple geographical markets, including North America, Europe, and Asia, providing its services to a broad base of professionals and organizations seeking to optimize their meeting workflows.Spinach generates revenue through a subscription-based model tailored for businesses seeking to utilize its meeting automation capabilities. Clients can choose from various pricing plans that cater to different organizational needs, allowing them to access features such as AI-driven meeting summaries, automated note-taking, and integration with existing workflows. The transactions typically involve businesses subscribing to Spinach on a monthly or annual basis, granting them access to the platform's full suite of features. Spinach's flagship services, including the AI Agents that enhance productivity and the integration capabilities with tools like Jira and Slack, provide significant value to users. The company maintains a business-to-business (B2B) focus, working directly with organizations to improve their meeting processes and outcomes.In August 2022, StayIn, Inc. raised USD 1.50 mn in SEED funding to support its growth initiatives. The company aims to launch new features designed to further automate and enhance meeting productivity, with plans for these rollouts expected in 2023. StayIn is also looking to expand its presence in additional geographic markets, specifically targeting regions in Asia and Europe by the end of 2023. The funding will be utilized to accelerate product development and market entry efforts.

## Funding rounds

- Seed, Aug 2, 2022 — Y Combinator, Tuesday Capital, Maven, Cardumen Capital, Atlassian Ventures, Zoom Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed
- Maven (https://capitalatlas.ai/funds/maven) — Seed
- Cardumen Capital (https://capitalatlas.ai/funds/cardumen-capital) — Seed
- Atlassian Ventures (https://capitalatlas.ai/funds/atlassian-ventures) — Seed
- Zoom Ventures (https://capitalatlas.ai/funds/zoom-ventures) — Seed