Fathom, a San Francisco, Calif.-based AI Notetaking app for Zoom, has launched with $4.7 million in seed funding from a coalition of early Zoom investors (Maven Ventures, Bill Tai, Matt Ocko), Silicon Valley insiders (CEOs of Reddit, Twitch, Cruise, Mercury, People.ai, Snapdocs, Shogun), early-stage VC firms (Character, Active Capital, Global Founders Capital, Rackhouse.vc, Soma Capital), and Zoom itself through its newly formed Zoom Apps Fund.
With the new capital, Fathom will expand its go-to-market team and launch new integrations with sales, customer success, and productivity tools.
Company: Fathom Video Inc.
Round: Seed Round
Funding Month: January 2022
Lead Investors: Maven Ventures, Bill Tai, Matt Ocko, (CEOs of Reddit, Twitch, Cruise, Mercury, People.ai, Snapdocs, Shogun), Character, Active Capital, Global Founders Capital, Rackhouse.vc, Soma Capital, and Zoom
Company Website: https://fathom.video/
Software Category: AI Notetaking app for Zoom
About the Company: Founded in 2020 and a member of Y Combinator (Winter ‘21), Fathom was created to eliminate the need for time-consuming and distracting note-taking during business calls. The free Fathom application allows individuals and teams to effortlessly record, transcribe, and annotate Zoom calls on the fly and generate a comprehensive summary of key insights, notes, and action items that can be automatically shared across CRM platforms and Slack channels. With Fathom, teams can engage individuals that aren’t on the call, allowing for real-time collaboration. Fathom is currently the #1 application with over 70K users on the waitlist. It is already classified as a High Performer on the review site G2 with a 4.9 rating and was recently selected as Product of the Day on Product Hunt.