Headroom, a startup developing AI-powered software to make meetings ostensibly more efficient, has announced that it raised USD 9 million in funding led by Equal Opportunity Ventures with participation from Gradient Ventures, LDV Capital, AME Cloud Ventures, and Morado Ventures.
According to CEO Julian Green, the money will be used to develop new products and hire more employees. Automatic transcripts and meeting summaries, which are searchable after meetings with filters for attendees, notes, and subjects, are powered by AI in Headroom.
The software provides participants with rapid replies like “thumbs up” and “waves” during meetings as well as full meeting replays and automatically generated highlight reels with key moments and action items.