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Fathom AI Analysis: $22M Raised

What is Fathom AI?

Fathom AI specializes in AI-driven notetaking solutions that transform conversations into actionable insights. Their technology provides accurate transcripts, instant summaries, and integrates seamlessly with various tools. This approach allows teams to focus on discussions while ensuring follow-up actions are efficiently managed.
Employees
51-200
Founded
2020
Industry
SaaS, AI/ML
Free Plan Availability
Yes
Latest Funding Round Size
$17.0M
Selfserve Signup
Yes

Product Features & Capabilities

  • AI-generated meeting summaries with action items
  • Integration with Slack, Salesforce, HubSpot, and Notion
  • Customizable AI summaries tailored to team workflows
  • Real-time coaching insights through AI Scorecards
  • Automatic syncing of meeting notes across platforms.

How much Fathom AI raised

Seed - $4.7 million

Early 2022
Lead Investor: Not specified

Series A - $17 million

September 19, 2024
Lead Investor: Telescope Partners, Maven Ventures, Character, Active Capital, Rackhouse Ventures

Other Considerations

95% of users report improved meeting presence; Users save over 6 hours weekly on follow-up tasks; Fathom integrates with major collaboration tools like Zoom and Google Meet.

Homepage Pricing

Fathom AI offers a transparent pricing structure that includes a free tier. The pricing options are as follows:

  • Free Tier: Unlimited recordings and transcription, basic summaries, and limited premium features for up to 5 calls per month.
  • Premium Plan: $20/month per user, which includes advanced summaries, AI-generated action items, and integrations.
  • Team Plan: $18/month per user (minimum of 2 users), adding collaboration features and global search capabilities.
  • Business Plan: $28/month per user (minimum of 2 users), designed for larger organizations with advanced features.

Gtm Strategy

Fathom AI employs a product-led growth strategy, as evidenced by their website's emphasis on self-service access, a freemium pricing model, and positive user testimonials. Their approach is designed to facilitate rapid user adoption and engagement, aligning with the principles of PLG rather than a traditional sales-led model.

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Financial Overview

$22MTotal Raised
Seed$4.7 million
Early 2022
Investors: Not specified
Series A$17 million
September 19, 2024
Investors: Telescope Partners, Maven Ventures, Character, Active Capital, Rackhouse Ventures
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