Granola Raises $125

Users might not like bots in meetings visibly taking notes, but a lot of them don’t mind if an app on someone’s computer is doing the transcription. That’s the core reason behind Granola’s popularity, which helped it secure $125 million in Series C funding led by Danny Rimer at Index Ventures, with participation from Mamoon Hamid at Kleiner Perkins. This has tipped the company’s valuation to $1.5 billion, it said, up from $250 million as of the last round. The company said that existing investors like Lightspeed, Spark, and NFDG participated in the round as well. With this round, which comes less than a year after its $43 million round, the startup has raised $192 million. From being a prosumer app that sits on your computer, transcribes meetings, and generates notes, Granola has been building features to suit an enterprise stack. For instance, last year, it started allowing teammates to collaborate on notes.