Xembly Raises $15M in Series A Funding

Xembly

Xembly, a Seattle, WA-based provider of an AI chief of staff for knowledge workers, raised $15M in Series A funding.

The round, which brought its total capital raised to $20m, was led by Norwest Venture Partners, with participation from Lightspeed Venture Partners, Ascend, Seven Peaks Ventures, and Flex Capital.

The company intends to use the funds to augment its natural language processing and machine learning capabilities, and expand its customer presence.

Led by CEO Pete Christothoulou, Xembly is an AI chief of staff for knowledge workers. The company handles the tasks that slow down and frustrate workers, including taking meeting notes, tracking action items, setting to-do’s, scheduling meetings, and optimizing schedules, all of which can happen automatically so that workers and teams can focus on work. The product leverages advanced natural language processing to increase the productivity of an executive assistant or chief of staff, detecting the intention behind conversations in meetings, Slack and email to automate tedious tasks – like scheduling, meeting notes, action item management, to-do lists, meeting feedback, and schedule optimization.

FinSMEs

05/10/2022