SAN FRANCISCO–(BUSINESS WIRE)– Hugo, the connected meeting notes platform, today announced that Gradient Ventures, Google’s AI-focused investment fund, led the company’s recent $6.1M seed financing round with participation from Slack Fund, Founder Collective and Entrée Capital.
Each year, unproductive meetings cost an estimated $37 billion. Hugo changes this by bringing your calendar, chat and productivity apps into the note-taking experience for your team, transforming meeting insights into action through integrations with more than 20 apps including Asana, Jira, Salesforce, Slack and Zoom.
Since founding, the company has powered hundreds of thousands of meetings for some of the world’s best-known companies, including Adobe, Dropbox, Netflix, Shopify, Spotify and Twitter.
Hugo will use the new capital to service its fast-growing list of customers, expand Hugo’s global team and accelerate product development of new features that support customers with more of their meeting workflow.
“The way we meet dictates the way we work,” said Josh Lowy, CEO and co-founder of Hugo. “Everyone already plans for and takes notes in meetings. Hugo supercharges that behavior for better alignment and productivity, especially when we can’t all be in the same room. We are looking forward to the next phase of Hugo’s growth – powering meetings that help teams work better together.”
Visit hugo.team/ to sign up free.
Contacts
Cassady Nordeen
718-644-0273
cassady@purposenorthamerica.com
