Bluedot funding news – London-based Bluedot Secures €560K in Angel Investment
Jun 10, 2024 | By Startup Rise EU
![Bluedot, a startup transforming meeting recordings and documentation for businesses, secures €560K in angel investment to continue its rapid growth.](https://startuprise.co.uk/wp-content/uploads/2024/06/London-based-Bluedot-Secures-E560K-in-Angel-Investment-.webp)
Bluedot, a startup transforming meeting recordings and documentation for businesses, secures €560K in angel investment to continue its rapid growth.
SUMMARY
- Bluedot, a startup transforming meeting recordings and documentation for businesses, secures €560K in angel investment.
- Bluedot is a Chrome extension that captures, transcribes, and summaries your Google Meet sessions.
Prominent supporters comprise Daniel Gross through Pioneer (a former YC partner), Codility's creator Greg Jakacki, Zendesk's early investor Tomas James, YouCanBookMe's founder Bridget Harris, and Google for Startups.
Co-Founder Ruslan Halilov said, “Currently, Bluedot has a small team of four, and we plan to stay lean. The new funding will be used for customer acquisition. We aim to prove Sam Altman’s claim that you can build a billion-dollar company with no more than a 10-person team. AI finally makes this possible,”.
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Teams can eliminate manual note-taking by using it's sophisticated platform, which transcribes meetings, creates AI-powered notes, and offers in-depth discussion analytics. When it comes to safe, local-only recording, it effortlessly interacts with Google Meet, unlike most other systems that involve inviting external bots.
Co-Founder Dima Eremin said, “Having a Chrome extension recorder is more secure than inviting external bots or participants because it operates locally without transmitting sensitive data or granting access to unauthorized third parties,”.
Because of its high degree of privacy assurance, it is revolutionising the corporate AI market. More than 1,000 paying clients have already signed up for the service, including Dept Agency, Salesforce, and UserTesting.
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Bridget Harris, CEO of YouCanBookMe and Bluedot investor said, “I didn’t like the idea that there is this bot joining my calls as a note taker, which seemed to be sneakily integrated into my calendar. With Bluedot, the experience is completely different,”.
The business uses a product-led growth model, which facilitates easy onboarding and rapid organization-wide adoption. It is well-positioned to take a sizable chunk of the meeting management and productivity solutions industry in Europe and beyond, with a $23 billion total addressable market.
About Bluedot
Bluedot is a Chrome extension that captures, transcribes, and summaries your Google Meet sessions. Baked by Google Startup Fund, On Deck, and an amazing group of angel investors.
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