The platform integrates with meeting platforms or runs standalone for in-person meetings, listening for important information and producing a structured summary and follow-up email after the conversation. The data platform underneath Zocks is HIPAA compliant and equipped with controls for data storage. Despite just coming out of stealth, the company has already seen significant traction with more than 150 companies joining its early adopter program. With the backing of Lightspeed, Zocks plans to further improve how teams capture complex data points from meetings in real time.
Key takeaways:
- Zocks, a startup founded by ex-Twilio VP Mark Gilbert, has emerged from stealth with $5.5 million in seed funding from Light Speed Venture Partners. The company has developed an AI assistant that extracts structured data from free-flowing conversations.
- Zocks is currently focused on the financial services sector, but its technology can be expanded to help professionals in the legal and healthcare fields. The AI assistant can reduce the time spent on extracting relevant information from conversations, thus increasing productivity.
- The platform integrates with meeting platforms or runs standalone for in-person meetings, listens for important information, and produces a structured summary and a follow-up email. The whole process takes less than 10 minutes, according to the company.
- More than 150 companies have joined Zocks' early adopter program. With the backing of Lightspeed, the company plans to build on its work and further improve how teams capture complex data points from meetings in real time.