How much funding has Fathom raised?

Fathom has raised $21.7 million in total funding. Key investors include ["Telescope Partners","Wefunder","Zoom Ventures","Google Ventures"].

Who is the CEO of Fathom?

Richard White is the CEO of Fathom. The company was founded in 2020.

Where is Fathom located?

Fathom is headquartered in 2261 Market St #4156, San Francisco, CA 94114, USA (Remote-First).

What funding stage is Fathom at?

Fathom is currently at the Growth Stage stage.

How many employees does Fathom have?

Fathom has approximately 51-200 employees employees.

Fathom

Category: AI Agents

Fathom is an AI-powered meeting assistant that records, transcribes, highlights, and summarizes calls on Zoom, Google Meet, and Microsoft Teams. It automates note-taking to allow users to focus on conversations. Fathom was founded in 2020. The company is led by Richard White. Based in 2261 Market St #4156, San Francisco, CA 94114, USA (Remote-First). Team size: 51-200 employees. Total funding raised: $21.7 million. Latest round: Series A, $17.0M, 2024-09, led by Telescope Partners. Key investors include ["Telescope Partners","Wefunder","Zoom Ventures","Google Ventures"].

Founded: 2020
Headquarters: 2261 Market St #4156, San Francisco, CA 94114, USA (Remote-First)
Team size: 51-200 employees
Total funding: $21.7 million

Value proposition

Fathom automates the tedious work of note-taking, allowing professionals to be more present and productive in meetings. It provides instant access to searchable, summarized meeting records that seamlessly integrate with key business systems (CRMs, communication tools), all driven by a powerful and generous free offering.

Products and solutions

["AI-driven meeting recording and transcription for Zoom, Google Meet, and Microsoft Teams.","Automated meeting summaries and action items with customizable templates.","Real-time highlighting and clip creation.","Deep CRM and workflow integrations (e.g., HubSpot, Salesforce, Slack, Close).","Team-level analytics and coaching features.","Multi-language support (7 languages)."]

Unique value

Early mover in the AI notetaking space with a robust freemium offering that spurred rapid, organic growth. Its product-led growth strategy, focusing on a high-quality user experience and seamless CRM integration, allowed it to build a large user base before competitors fully emerged.

Target customer

Sales teams, customer success managers, recruiters, marketers, consultants, and any professional who relies on video conferencing for client-facing or internal meetings. Particularly strong among SMBs and mid-market companies.

Industries served

["Technology & SaaS","Sales","Customer Success","Recruiting & HR","Marketing & Agencies","Consulting"]

Technology advantage

A highly reliable, user-friendly product built on a scalable infrastructure that allows for rapid incorporation of new AI advancements. Its key advantage is a powerful freemium model that drives widespread adoption and a strong network effect, combined with deep workflow integrations that create high stickiness.

How they differentiate

Fathom's primary differentiation is its freemium model, offering core recording and transcription services for free to drive adoption. It focuses on deep, seamless integrations with business workflows (especially HubSpot and Salesforce) to embed itself as an essential productivity tool rather than just a standalone notetaker. It is positioned as more accessible and broadly applicable than sales-specific platforms like Gong.

Main competitors

["Otter.ai","Fireflies.ai","Gong","Avoma"]

Key partnerships

["HubSpot (Certified App Partner)","Salesforce","Slack","Zoom","Google"]

Notable customers

["While specific enterprise clients are not publicly listed, Fathom has broad adoption across thousands of B2B companies, particularly within the sales, customer success, and recruiting sectors of the HubSpot and Salesforce user bases."]

Major milestones

["Raised a $4.7M seed round in 2022.","Raised a $17M Series A round in 2024 led by Telescope Partners.","Became the #1 rated and fastest-growing app on the HubSpot marketplace.","Successfully completed a community fundraising round via Wefunder."]

Growth metrics

Named the fastest-growing app on the HubSpot marketplace. Achieved significant user and revenue growth (revenue increased by ~90x and usage by ~20x over two years as of early 2024). Over 8,500 companies use its HubSpot integration.

Market positioning

A leading AI meeting assistant, especially dominant within the SMB market and the HubSpot ecosystem. Recognized as the #1 rated AI Meeting Assistant on G2, indicating high user satisfaction and a strong product-led growth trajectory.

Geographic focus

Global (Supports 7 languages including English, French, Spanish, Italian, German, and Portuguese)

Patents and IP

Information not publicly available.

About Richard White

Richard White is a serial entrepreneur and the CEO of Fathom, an AI-driven company that provides a free app to record, transcribe, and highlight Zoom calls. He previously founded UserVoice in 2007, a platform aimed at improving user feedback management. Fathom is a Y Combinator-backed startup that he began building in 2020, emphasizing deliberate timing by waiting to leverage evolving AI capabilities rather than rushing to market. White is known for his strategic use of procrastination, viewing it as a form of data gathering that leads to better decision-making and prioritization. His entrepreneurial journey includes experiences such as co-founding UserVoice, selling a previous startup (Kiko) for a significant sum, and leveraging early connections within the Y Combinator community.

Official website: https://fathom.video