Scribe, a San Francisco, CA-based platform for documenting and sharing business processes, raised $25M in Series B funding.
The round was led by Redpoint Ventures with support from New York Life Ventures, Amplify Partners, Tiger Global, and XYZ Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by Jennifer Smith, CEO, Scribe provides a product that automates step-by-step guide creation, and sharing. It enables employees to document a process quickly and share it with colleagues and clients in one click. By making it easy and automatic, everyone across the organization has access to the important information they need to do their jobs.
Scribe AI, released in May 2023, allows users to automatically generate titles, descriptions and contextual information in guides. Sidekick surfaces a team’s relevant Scribes while visiting any website, as well as document insights, sensitive data redaction, Slack integration and more.
Tthe company has reached the target of over 1 million teams served to improve how they work, including 97% of the Fortune 100. The business saw revenue grew by 400% in 2023.
FinSMEs
15/02/2024