Fireflies AI
Category: AI Agents
AI meeting assistant that transcribes, summarizes, and analyzes meetings with real-time web search integration and agentic AI apps Fireflies AI was founded in 2016. The company is led by Krish Ramineni. Based in San Francisco, California, United States. 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, Bessemer Venture Partners.
- Founded
- 2016
- Headquarters
- San Francisco, California, United States
- Team size
- 100-120
- Total funding
- $19 million
Value proposition
Automates meeting documentation, extracts action items, and provides actionable insights while integrating with 60+ tools to streamline workflows
Products and solutions
AI Meeting Notetaker, Real-Time Web Search Integration (Perplexity), Agentic AI apps (Brand Voice Checker, Campaign Performance Review, Content Calendar Generator), Talk to Fireflies voice assistant, MCP Server (on-premise deployment solution)
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 integration), Microsoft (Teams integration), Google (Meet integration), Zoom (platform compatibility), Khosla Ventures and Canaan Partners (funding)
Notable customers
75% of Fortune 500 companies, Major SaaS enterprises, Enterprise sales teams
Major milestones
Achieved $1 billion valuation in 2025, Processed 2 billion+ meeting minutes, Reached profitability in 2023, Launched AI-driven action item tracking in 2024, Expanded to 100+ countries, Partnership with Perplexity AI for real-time web search
Growth metrics
20 million+ users, $10.9 million ARR (2024), 500,000+ organizations using the platform, profitable since 2023, 8x user growth in past 18 months
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)
Official website: https://fireflies.ai