Read AI

About Read AI

Read AI provides an artificial intelligence-driven platform designed to improve productivity in workplace communications such as meetings, emails, and messages. Founded in 2021 by David Shim, Robert Williams, and Elliott Waldron, the Seattle-based company aims to automate and enhance how knowledge workers engage with information. The founders, who previously led analytics startup Placed, identified inefficiencies and disengagement in virtual meetings as a primary challenge to address.

The company's core offering is an AI copilot that integrates with major communication platforms including Zoom, Microsoft Teams, Google Meet, Slack, and Gmail. Its services include automated meeting summaries, transcriptions, video highlights, and the identification of action items and key questions. The platform also provides real-time analytics on meeting engagement and sentiment to help users improve communication effectiveness. For emails, the tool can summarize threads and generate responses. Beyond meetings and email, Read AI unifies communications across platforms like Salesforce and HubSpot, creating a searchable knowledge base and providing insights for deal progression.

Read AI operates on a freemium business model, offering a free tier with basic features to drive user acquisition, alongside paid subscription plans for individuals and enterprises seeking unlimited reports and advanced capabilities. The company has demonstrated significant growth, reporting a 720% increase in active users in the year leading up to October 2024. It has secured $81 million in total funding through several rounds, with a Series B round in October 2024 valuing the company at $450 million. Key investors include Madrona Venture Group, Goodwater Capital, and Smash Capital.