# Xembly

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

- Industry: Software
- Headquarters: Seattle, US
- Website: www.xembly.com
- Total disclosed funding: $15M
- Latest round: Series A (Aug 10, 2022)
- Investors on record: 5

## About

Based in Washinton, US, and founded in 2020 by CEO Pete Christothoulou, CTO Jason Flaks, and CGO Peter Francis, Xembly, Inc., a.k.a. Xembly develops an automation platform to improve meeting productivity that handles the tasks that slow down and frustrate workers, including taking meeting notes, tracking action items, setting to-do’s, scheduling meetings, and optimizing schedules. In October 2022, Xembly, Inc. raised USD 15 million in a Series A funding led by Norwest Venture Partners, with participation from Flex Capital, Ascend Venture Group, Lightspeed Venture Partners, and Seven Peaks Ventures.

The company provides workplace productivity with a conversational AI (artificial intelligence) platform that enables executive assistants or chief of staff to enhance their productivity by detecting the intention behind the conversations in meetings, email, or slack to automate tasks, such as to-do lists, action item management, scheduling, schedule optimization, and meeting feedback. The platform’s conversational assistant reminds users to complete a task or schedule a meeting in follow-up, or prompts users to block time on their calendar to work on a task discussed during meetings.

Xembly plans to use its proceeds from October 2022 funding to develop its natural language processing and machine learning capabilities, as well as expand its business reach.

## Funding rounds

- Series A, Aug 10, 2022, $15M — Ascend Venture Group, Lightspeed Venture Partners, Norwest Venture Partners, Seven Peaks Ventures, Flex Capital

## Investors

- Ascend Venture Group (https://capitalatlas.ai/funds/ascend-venture-group) — Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A
- Seven Peaks Ventures (https://capitalatlas.ai/funds/seven-peaks-ventures) — Series A
- Flex Capital — Series A