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YC-backed Circleback is out to become the best meeting notetaker | TechCrunch

Nov 26, 2024 - techcrunch.com
Circleback, a startup backed by Y Combinator, offers a tool that transcribes and summarizes meetings, providing detailed notes and action items. The tool also provides insights based on the transcript. Founded in 2023 by former Stripe engineer Ali Haghani and former Tableau engineer Kevin Jacyna, Circleback initially only provided notes and action items, but has since evolved to extract key knowledge from meetings. The company has raised $2.5 million in a seed round from investors including Transpose Platform, Rebel Fund, Pioneer Fund, and others.

Circleback is a cross-platform app that records meeting audio and generates detailed notes, key points, and action items. It also offers a feature called automation that extracts specific insights from each meeting based on user prompts. The company is cashflow positive and has grown organically, with thousands of paying customers. Despite competition in the meeting intelligence space, Circleback believes it can provide value by gathering different entities discussed in a meeting in a centralized location. Future plans include releasing iOS and Android apps to capture in-person conversations and allowing users to create and share automation templates.

Key takeaways:

  • Circleback, a startup backed by Y Combinator, offers a tool that transcribes and summarizes meetings, providing detailed notes and action items, and automatically generating insights from the transcript.
  • The company was founded in 2023 by Ali Haghani, a former Stripe engineer, and Kevin Jacyna, a former Tableau engineer, and has raised $2.5 million in a seed round from various investors.
  • Circleback's tool is available on Mac, Windows, and web, and allows users to extract specific insights from every meeting based on their prompts, which can be added to a Notion database or CRM.
  • Despite competition in the meeting intelligence space, Circleback believes it can find a good product-market fit and plans to release iOS and Android apps soon to capture in-person conversations.
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