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Fireflies AI

Category: AI Agents

AI assistant for meetings, email, chat, and CRM that transcribes, summarizes, and automates workflows with sales intelligence and agentic AI skills Fireflies AI was founded in 2016. The company is led by Krish Ramineni. Based in Miami, Florida, United States (remote-first; legal/ops also associated with Pleasanton, CA and SF presence). Team size: 100-120. Total funding raised: $19 million. Latest round: Secondary Market/Tender Offer, $0 (Tender offer at $1B+ valuation), 2025-06-12, led by N/A. Key investors include Khosla Ventures, Canaan Partners.

Founded
2016
Headquarters
Miami, Florida, United States (remote-first; legal/ops also associated with Pleasanton, CA and SF presence)
Team size
100-120
Total funding
$19 million

Value proposition

Automates meeting documentation and post-meeting work, delivers real-time Live Assist and sales intelligence (CRM autofill, deal risk), and unifies knowledge across meetings, email, Slack, and CRM via 100+ integrations and AI Skills

Products and solutions

AI Meeting Notetaker / transcription & summaries, Live Assist (real-time coaching during meetings), Desktop App, AI Sales Suite (Deal Intelligence, CRM Autofill, AI Scorecards, Meeting Prep, Sales Assist), AskFred meeting Q&A, Talk to Fireflies / Perplexity real-time web search, 200+ AI Skills / agentic apps, Daily Briefs (meetings + email + Slack prioritization), Fireflies MCP Server, Conversation intelligence analytics

Unique value

First AI assistant combining conversation intelligence with live web knowledge access during meetings; profitable AI company with $1B+ valuation

Target customer

Professionals in enterprise sales, marketing, customer support, healthcare, and remote teams using Zoom, Microsoft Teams, or Google Meet

Industries served

Enterprise Sales, Marketing & Advertising, Customer Support, Healthcare, Remote Work/Global Teams

Technology advantage

Agentic AI Apps that autonomously perform tasks like summarizing discussions, generating content calendars, and identifying partnership opportunities; integrated real-time web search through Perplexity partnership

How they differentiate

Fireflies AI differentiates through advanced conversational analysis, real-time meeting summaries with web search, multilingual support, and comprehensive post-meeting insights including action item tracking and integration with productivity tools

Main competitors

Otter.ai, Fathom, tl;dv, Avoma, Gong, Grain

Key partnerships

Perplexity AI (real-time web search / Talk to Fireflies), Microsoft Teams, Google Meet, Zoom, Salesforce & HubSpot (CRM), Slack, Claude / Anthropic & other MCP-connected AI tools

Notable customers

75% of Fortune 500 companies, Major SaaS enterprises, Enterprise sales teams

Major milestones

$1B+ valuation via first tender offer (Jun 2025), Processed 5 billion+ meeting minutes, Scaled to 1M+ organizations / 20M+ users, Reached profitability in 2023, Partnership with Perplexity AI (Talk to Fireflies), Launched Live Assist and Desktop App (Nov 2025), Launched AI Sales Suite (Jul 2026), Launched Daily Briefs across meetings/email/Slack (Jul 2026)

Growth metrics

20+ million users, 1M+ organizations, 5 billion+ meeting minutes processed, $10.9M ARR (2024 est.), 75% of Fortune 500, profitable since 2023, ~100-126 employees, $1B+ valuation (tender offer Jun 2025)

Market positioning

Positioned as an enterprise-grade AI meeting assistant targeting businesses requiring detailed meeting analytics and collaboration tools, with focus on sales and customer success teams

Geographic focus

Primarily U.S.-centric with global user adoption across 100+ countries

Patents and IP

No publicly disclosed patents, but holds proprietary NLP models and conversational AI frameworks trained on billions of meeting minutes

About Krish Ramineni

Former Product Manager at Microsoft (2015-2016), one of the youngest PMs at Microsoft; Bachelor of Science in Computer Science from University of Pennsylvania (2013-2016)

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