Laxis

Laxis operates as a developer of an artificial intelligence assistant platform with the goal of enhancing productivity for revenue teams. Founded in 2020 by Eric Xiao, the company originated from his direct experience with the manual inefficiencies in customer and investment research. Xiao, with a background spanning software engineering, strategic consulting, and venture capital, identified a broader market need for an integrated solution beyond simple note-taking. His experience as a software engineer at companies like Epic and FactSet, combined with an MBA from the University of Chicago Booth School of Business and his role as an Investment Director at Fosun RZ Capital, provided a foundation in both the technical and business aspects of the software industry.

The company's core offering is an AI-powered copilot designed to assist with the entire sales and meeting lifecycle. Laxis serves a diverse client base, including sales teams, marketing professionals, consultants, financial advisors, and founders, with a particular focus on mid-sized and growing revenue teams that have an established go-to-market strategy. The business model is subscription-based, offering various pricing tiers, including an enterprise plan and a free version for trial. Laxis has secured $1.5 million in seed funding from investors such as Elevate Ventures, Flywheel Fund, and Allos Ventures, which is being used to accelerate product development and user acquisition.

The Laxis platform provides a suite of tools that automate and streamline workflows for revenue-generating teams. Its AI Meeting Assistant offers real-time transcription and generates summaries, action items, and insights from meetings on platforms like Zoom, Google Meet, and Webex. A key feature is the use of customizable templates for different meeting types, ensuring consistent data capture. Beyond meetings, the platform includes an AI Sales Development Representative (SDR) that automates lead generation and outreach. This tool utilizes a large B2B contact database to identify and qualify prospects, sending personalized emails and making follow-up calls. The system is designed to integrate with CRM platforms like Salesforce and HubSpot, ensuring that meeting notes, customer requirements, and action items are automatically updated. This integration reduces administrative tasks, with the company claiming users can save at least five hours per week. Laxis has also achieved SOC 2 certification, demonstrating a commitment to data security.

Keywords: AI meeting assistant, revenue team productivity, sales automation, conversational intelligence, lead generation, AI copilot, meeting transcription, CRM integration, automated outreach, sales intelligence, customer insights, action item tracking, AI SDR, sales follow-up, meeting summaries, sales workflow automation, natural language processing, sales coaching, contact database, AI-powered sales