Hugo, the connected meeting notes platform, 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.
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“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.”
“The most important conversations and decisions in every business come from meetings,” said Darian Shirazi, general partner at Gradient Ventures. “As the world embraces new models for working remotely, Hugo is building the intelligent source of truth for meeting alignment and collaboration. Whether you’re in sales, support, finance, or strategy, Hugo keeps teams in sync by centralizing meeting insights and automating outcomes through smart integrations to other best-in-class collaboration tools.”
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“Meetings are an untapped source of team discussion, decision-making and progress,” added Jason Spinell, who invests and manages the Slack Fund. “The market is hungry for tools that help teams turn meetings into an opportunity for collaboration – especially in a world where remote work is so prolific. Just as Slack connects us to our colleagues and tools through an innovative collaborative interface, Hugo does the same with meeting notes. We believe Hugo will quickly become the go-to solution for organizations that want their teams to be more aligned and their meetings more productive.”
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.
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