
Grain
Grain uses AI to transform your existing debit card into a "crebit" card by incorporating revolving credit into your checking account.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | $16.6m | Late VC |
Total Funding | 000k |
USD | 2020 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Grain, an enterprise software firm, was established in 2018 by brothers Mike and Jake Adams. The company's inception was driven by the founders' observation that critical information was frequently lost within lengthy meetings and a sea of digital communications, a problem they anticipated would intensify with the rise of remote and hybrid work environments.
The company provides a video meeting workspace designed to capture, transcribe, and index important moments from video calls. This platform allows users to record meetings and generate automated, AI-powered notes and transcripts. Key features include the ability to create and share video clips of significant meeting moments, customizable note templates for different meeting types, and a live notepad for real-time annotation. The service also automatically identifies action items and can assist in drafting follow-up emails. For broader analysis, users can pose questions to the AI across all their recorded meetings to generate reports with precise citations.
Grain's business model operates on a per-seat subscription basis, with options for monthly or annual billing. It offers tiered plans, including a free 'Basic' plan for viewing content, and paid 'Starter' and 'Business' plans that allow for unlimited recording and access to all features. The company primarily targets teams that rely heavily on video meetings, such as product, sales, recruiting, and customer success departments. To foster adoption among early-stage companies, Grain offers a startup program providing a 50% discount on its paid plans for six months to qualifying businesses. The platform integrates with various business tools like HubSpot, Salesforce, Slack, and Zapier, enabling seamless workflow automation.
Since its founding, the fully remote company has secured significant funding, including a $16 million Series A round led by Tiger Global, with participation from the Zoom Apps Fund, Unusual Ventures, and Freestyle VC. This brought its total funding to approximately $20 million. In a strategic move to accelerate product development, Grain acquired PingPong, a video messaging platform.
Keywords: AI meeting assistant, video meeting transcription, meeting notes, conversation intelligence, video collaboration, remote work tools, sales intelligence, customer feedback analysis, product research, team alignment, knowledge management, AI-powered summaries, video highlights, action item tracking, meeting insights, Zoom integration, Salesforce integration, HubSpot integration, Slack integration, workflow automation, Mike Adams, Jake Adams