Recall.ai helps companies make the most of virtual meeting data

Recording or taking notes isn't enough to capture everything that's said in a virtual meeting Some people build their own integrations to capture data, but it takes a lot of time and money. It's possible to use Recall.ai to build apps that automatically fill outCRMs or prompt customer reps during support calls, as well as other uses. The startup has raised over $2 million in seed money.

A group of participants in the round include Y Combinator. Individual investors like David Cramer, Brian Vallelunga and Grain CEO Mike Adams contributed to the backing.

Meeting data, including real-time video and audio, who meeting participants are, when they spoke and joined or left the meeting, and when screen sharing started and stopped, is accessed by recall.ai. The company is currently in private alpha and is used by about 50 companies in a wide range of industries.

The creators of recall.ai are David Gu and Amanda Zhu. The image is from recall.ai

The creators of Recall.ai worked on a research tool that could produce real-time transcription from meeting recordings. Gu said that his team spent a lot of time on building and maintaining meeting integrations, which made them realize that other companies had the same challenge.

Accessing raw video and audio data from video conferencing platforms is one of the main problems recalled.ai is solving. It takes about a year for companies to build their own infrastructure. The infrastructure for processing can involve hundreds to thousands of server and that is not the only challenge. Engineering teams have to scale everything. It is possible for companies to abstract away infrastructure with the help of the recall.ai platform.

A couple examples of how Recall.ai's customers are using its platform include one that is taking audio streams from Zoom and transcribing it, thenTranslating it to produce real- time translations. Another uses Recall.ai to capture video and audio from sales meetings to fill inCRM software

The company is making money by charging customers per minute of audio and video they watch. More video conferencing and telephony system integrations are planned for expansion.

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