Fireflies.ai

Fireflies.ai

Series ARaised Since Featured

Your AI meeting assistant

AI-powered meeting assistant that automatically records, transcribes, and analyzes conversations across video conferencing platforms.

Founded January 2016San Francisco, CA50-100 people$19M raisedFeatured at Seed
AiMeetingsTranscriptionProductivitySaasNlpVoice AiCollaboration

About

Fireflies.ai is an AI meeting assistant that joins your video conferences on Zoom, Google Meet, and Microsoft Teams to automatically record, transcribe, and generate intelligent summaries with action items. Founded in 2016 by Krish Ramineni and Sam Udotong, the company famously started by having its founders manually dial into meetings as 'Fred' and take notes by hand โ€” charging $100/month before building the actual AI. After automating in 2017, Fireflies grew to serve over 20 million users across 500,000+ organizations, including 75% of Fortune 500 companies. The platform features AskFred, a built-in AI assistant trained on your meetings, and launched 200+ AI-powered workflow automation apps in 2025. Fireflies achieved unicorn status in June 2025 with a $1B+ valuation through a tender offer โ€” notably while being profitable since 2023 and without raising primary capital since its 2021 Series A.

DailyDropout Take

Fireflies.ai caught our attention as a scrappy AI-native startup with an incredible origin story โ€” two founders manually taking meeting notes while pretending to be an AI bot, then bootstrapping that into a real product. Their capital efficiency is remarkable: reaching unicorn status on just $19M raised while being profitable since 2023. In a crowded meeting AI space, Fireflies' 20M+ user base and Fortune 500 penetration speak to genuine product-market fit.

Discovery signal: MIT/Penn founder pedigree, early mover in AI meeting space, unusually capital-efficient growth, strong enterprise adoption signals

What Makes Them Unique

Fireflies combines conversation intelligence with real-time web search via its Perplexity partnership, making it the first meeting assistant to bring live internet knowledge into meetings. Its capital-efficient path to unicorn status โ€” profitable since 2023 without raising since 2021 โ€” is rare in AI.

20M+

Users

500,000+

Organizations

$1B+

Valuation

75%

Fortune 500 Adoption

Target Markets

Sales TeamsCustomer SuccessRecruitingProduct TeamsEnterprise

Founders

K

Krish Ramineni

Co-Founder & CEO

Studied at the University of Pennsylvania. Originally planned to go into finance or consulting before pivoting to startups.

S

Sam Udotong

Co-Founder & CTO

MIT graduate in Aerospace Engineering. Nigerian American. Previously interned at Lockheed Martin and Boeing working on avionics and control systems.

Fireflies.ai is hiring!

Team size: 50-100

View Open Roles

Funding History

Seed$5M
Jan 1, 2019

Lead: Canaan Partners

Canaan Partners
Series A$14M
May 1, 2021

Lead: Khosla Ventures

Khosla VenturesCanaan Partners

Investors

Firms

Khosla Ventures(Lead โ€” Series A)Canaan Partners(Lead โ€” Seed)

Individual Investors

A
April Underwood

Former VP Product, Slack

Press & News

Competitive Landscape

Last updated: Feb 15, 2026