Startup profile for Otter.ai: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Otter.ai funding, valuation and investors

AI meeting assistant for real-time transcription, summaries, and collaborative notes.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series B

$50M · February 2021

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$50M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth · Mountain View, California, USA

Investors in latest funding

Lead: Spectrum Equity

Other: GGV Capital

Sources: latest funding Last verified: 2026-07-25

Overview

Otter.ai (Otter) transcribes meetings in real time, generates summaries, and lets teams search and share conversation notes. It integrates with Zoom, Google Meet, and Microsoft Teams. Founded by Sam Liang and Yun Fu, Otter became a default productivity tool for remote work. Spectrum Equity led a $50M Series B in 2021; GGV Capital was among earlier backers. a16z lists Otter on its portfolio and featured it in Top 100 GenAI apps coverage.

Why Otter.ai is interesting

Pre-ChatGPT meeting AI that scaled to enterprise — $50M Series B (2021) from Spectrum with GGV history; a16z portfolio recognition as top GenAI consumer/work app.

Product & use cases

Otter joins video calls as a bot or via calendar sync, producing live transcripts, AI summaries, action items, and searchable archives. OtterPilot automates follow-ups for sales and recruiting workflows.

  • Automatic meeting notes for remote teams
  • Sales call transcription and CRM integration
  • Accessibility captions for live conversations
  • Searchable archive of organizational knowledge from calls

Key facts

  • Series B (Feb 2021): $50M led by Spectrum Equity — Otter blog
  • GGV Capital among historical backers
  • Featured in a16z Top 100 GenAI apps
  • Integrates Zoom, Google Meet, Microsoft Teams
  • a16z portfolio listing separate from Spectrum-led cap table

Funding history (newest first)

Series B

2021-02 $50M

Source: https://otter.ai/blog/otter-raises-50m-series-b

Investors in our directory

Funds linked from Otter.ai's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz GGV Capital

Competitive landscape

Edge: Early mover in accurate real-time transcription with strong calendar integrations before incumbents added native features.

Meeting AI commoditized post-2023 as Zoom, Google, and Microsoft added transcription. Otter survives on cross-platform UX, OtterPilot workflows, and prosumer-to-enterprise upsell. a16z listing reflects category importance more than recent mega-rounds.

  • Zoom AI Companion incumbent

    Built into Zoom; Otter competes as best-of-breed cross-platform.

  • Microsoft Copilot in Teams incumbent

    Bundled for Microsoft 365 enterprises.

  • Fireflies.ai direct

    Similar meeting bot with CRM focus; aggressive pricing.

  • Granola direct

    Newer AI meeting notes startups targeting prosumer users.

Notable stories

  • Otter founders Sam Liang and Yun Fu previously worked on Google Maps location infrastructure — applied speech and mobile expertise to meeting capture.
  • Otter scaled during COVID remote-work wave before Big Tech bundled similar features.

Industries

AI & Machine Learning Enterprise SaaS Consumer

FAQs about Otter.ai

Practical answers founders, operators, and investors typically search for.

Otter.ai transcribes meetings live, generates AI summaries, and creates searchable notes. It works with Zoom, Google Meet, and Teams.
Spectrum Equity led the $50M Series B (2021). GGV Capital (/fund/ggv-capital) was an earlier backer. a16z (/fund/andreessen-horowitz) lists Otter on its portfolio.
Otter offers free tiers with minute limits. Pro and Business plans add more transcription hours and team features — see otter.ai/pricing.
Zoom includes native captions and summaries for Zoom users. Otter works across meeting platforms and offers deeper search and sharing.
Sam Liang (CEO) and Yun Fu co-founded Otter.ai in 2016.
Otter stores transcripts in cloud accounts with enterprise security options. Review otter.ai privacy policy for retention and training use.
OtterPilot is Otter's automated meeting assistant for sales and workflows — joining calls and generating structured follow-ups.
Both offer meeting bots and CRM hooks. Feature parity is high; choice often comes down to integration quality and pricing.
Public sources highlight $50M Series B (2021) plus earlier rounds. Total raised exceeds $60M per industry databases.
Accuracy depends on audio quality and accents. Otter is widely used but users should verify critical quotes from transcripts.
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