Read AI
PrivateLast Round
Series B
Oct 28, 2024
Est. Valuation
$450M
Total Funding Raised
$81M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Read AI operates in Enterprise Software and is based in Seattle, Washington. Its latest recorded funding round was a Series B round in October 2024.
Read AI is a business and productivity software company that provides an AI-powered platform for meeting analytics, transcription, and cross-platform communication summarization.
Sector
Enterprise Software
Verticals
Enterprise Communication, NLP & Conversational AI, Workflow Automation, Business Intelligence
Business Model
B2B
Customer Profile
Subscription SaaS, Freemium
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Read AI Comparables
Compare Read AI with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Fireflies.ai | 87% | |
| Otter.ai | 85% | |
| Granola | 84% |
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Read AI Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Oct 28, 2024 | ||||
| Series A | Apr 2, 2024 | ||||
| Seed | Sep 29, 2021 |
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Key People
Founding team and executive leadership
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Read AI Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Goodwater Capital | Series B, Series A |
| PSL Ventures | Seed |
| Platinum Neurone Ventures | Seed |
| Smash Capital | Series B |
| Pioneer Square Labs | Seed |
| Madrona Venture Group | Series B, Series A, Seed |
| Smash Ventures | Series B |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 28, 2026
Introduced desktop apps for Windows/macOS and an Android app.
- Jul 28, 2026
Launched 'Operator' to capture and analyze conversations.
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Read AI Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Read AI's valuation, stock price, and market status.
Is Read AI a public or private company?
Read AI is a private company.
What is the current stock price of Read AI?
Read AI is a private company, so its shares have no public market price. Caplight tracks Read AI's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Read AI worth (valuation)?
Read AI's valuation is estimated at $450.0M based on funding round data.
Can I buy Read AI stock?
Read AI shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Read AI's last funding round?
Read AI's most recent funding round was Series B on October 28, 2024.
Who are the main investors in Read AI?
Key investors in Read AI include Goodwater Capital, Smash Capital, Madrona Venture Group, Smash Ventures, Goodwater Capital.
Will Read AI IPO soon?
No public IPO plans have been announced for Read AI.
How can I track Read AI secondary market activity?
Caplight tracks bids, offers, and trades in Read AI's shares on secondary markets.