The problem
Teams lose decisions and context from meetings and spend time writing notes and follow-ups by hand
What they do
AI meeting notetaker and searchable 'conversational knowledge' base for teams
Traction $100M+ ARR (2025); 40M users to date, up from 25M a year earlier; #14 on a16z Top 50 consumer AI
Hiring trend
- Open roles
- 20
- Ops roles
- 1
- Headcount
- ~240-300
Near flat: headcount ~247 (+3.5% YoY, Revelio, Mar 2026); company cites 240 staff (Jul 2026); 25 open roles
Glassdoor
4.2 ★ 40 reviews ↗Funding
- Last round
- $50M (Series B + note)
- Stage
- Series B
- Date
- Feb 2021
Led by Spectrum Equity; General Catalyst CVF (non-dilutive, Oct 2026)
- Hiring+1.520 open roles on the live job board (10–29 roles = +1.5)
- Funding recency0Series B · $50M (Series B + note), Feb 2021 (68 months ago): over 24 months = 0
- Traction+0.75Some growth: $100M+ ARR (2025); 40M users to date, up from 25M a year earlier; #14 on a16z Top 50 consumer AI
- Red flags−11 significant flag in the last 24 months, −1 eachConsolidated privacy class action (In re Otter.ai Privacy Litigation): Aug 2026 ruling let wiretap (CIPA/ECPA), BIPA and UCL claims proceed. Recent Glassdoor reviews (Jun-Aug 2026) cite unclear direction, exec turnover and no new funding.National Law Review: court holds Otter.ai a third-party eavesdropper (Aug 2026) ↗ · UC Today: Otter.ai on trial, four suits consolidated (Apr 2026) ↗ · Glassdoor review: unclear company direction, exec turnover (Jul 2026) ↗ · Revelio Labs: Otter.ai headcount 247, +3.5% YoY ↗
- Total1.251.5 + 0 + 0.75 − 1 = 1.25 → Cool-down
Cool-down rule: score under 1.5 and the last round is over 24 months old.
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: learns from use
An early AI-notetaker leader at $100M ARR, but Zoom, Teams and Google Meet now ship native notetakers to the same buyers while Fireflies, Granola and Read AI crowd the category, and privacy litigation is ongoing.
Sources: Otter.ai: $100M ARR milestone (Mar 2025) ↗ · Tracxn: Otter.ai competitors (Fireflies, Read AI) ↗
Watch-outs
Consolidated privacy class action (In re Otter.ai Privacy Litigation): Aug 2026 ruling let wiretap (CIPA/ECPA), BIPA and UCL claims proceed. Recent Glassdoor reviews (Jun-Aug 2026) cite unclear direction, exec turnover and no new funding.
Sources: National Law Review: court holds Otter.ai a third-party eavesdropper (Aug 2026) ↗ · UC Today: Otter.ai on trial, four suits consolidated (Apr 2026) ↗ · Glassdoor review: unclear company direction, exec turnover (Jul 2026) ↗ · Revelio Labs: Otter.ai headcount 247, +3.5% YoY ↗
Open ops roles · 1
Last checked Oct 25, 2026