Fathom Raises $17 Million in Series A

by Kay Aloha Villamor in September 20th, 2024

Fathom, a San Francisco, CA-based AI-driven meeting intelligence platform provider, has raised $17 million in Series A funding. 

Investors 

The round was led by Telescope Partners, with participation from Maven Ventures, Character, Active Capital, and Rackhouse Ventures.

Telescope Partners is a private equity firm based in San Francisco, California, partnering with best-in-class entrepreneurs across the technology landscape. Founded in 2015, The firm seeks to make growth investments in B2B software companies.  

Fathom Use of Funds 

With the new funding, Fathom plans to enhance its Team Edition product and continue advancing AI-driven productivity tools for customer-facing teams. 

About Fathom 

Founded in 2020 by Richard White, Fathom provides an AI-powered meeting intelligence platform that enables teams to have more productive conversations. The platform records, transcribes, summarizes, and analyzes meetings to highlight key moments, decisions, and action items. Its AI adapts to each team's needs, offering customizable templates for different meeting types. Fathom aims to continually push the boundaries of AI to help teams hold more meaningful, productive conversations. 

Funding Details 

Company: Fathom Video Inc. 

Raised: $17.0M 

Round: Series A 

Funding Date: September 2024 

Lead Investor: Telescope Partners 

Additional Investors: Maven Ventures, Character, Active Capital, Rackhouse Ventures 

Company Website: https://fathom.video/  

Software Category: Productivity

Source: https://www.businesswire.com/news/home/20240919574576/en/

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