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This startup wants to help teams get more out of virtual meetings

 2 years ago
source link: https://finance.yahoo.com/news/startup-wants-help-teams-more-070014954.html
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This startup wants to help teams get more out of virtual meetings

Natasha Lomas
Thu, June 16, 2022, 4:00 PM·8 min read

If the pandemic-triggered proliferation of online meetings is killing your team productivity and sapping the attention of overloaded info workers, German startup tl;dv might have just the tool: It's built an extension for videoconferencing platforms, like Zoom and Google Meet, which bolts on a suite of capabilities that attendees can use to record, transcribe and timestamp key moments to quickly and easily (re)surface important info after the meeting has ended.

Idea being that, collectively, the suite of tools can help professionals keep on top of the flow of info coming at them and their co-workers without everyone needing to attend every meeting in real-time. (Hence the name, tl;dv -- which is internet slang for 'too long; didn't view'.)

While major videoconferencing platforms can offer basic stuff like a record function, the winter 2020-founded startup reckons there's a gap for bolting on a suite of extras that can enhance third party live meeting platforms, while neatly integrating with other popular office productivity tools like Slack and Notion, and with CRMs like Hubspot and Pipedrive.

Going beyond pure, info-structuring convenience, it also features clipping tools which let users turn killer meeting soundbites into video snippets which could be used for various broader purposes, like internal training or external marketing, depending on the content.

The platform launched in summer 2021 and it now has around 300 paying customers -- the majority of which are start-ups and SMEs.

The vast majority (~95%) aren't yet paying as it's taking a freemium approach, meaning it's offering certain features (like transcription) cost-free; but -- overall -- "thousands" of professional users are happily tapping into its freebie time-saver tools.

While productivity software is a hotly contested space, tl;dv has managed to convince a bunch of investors it's onto something: Today it's announcing a €4.3 million seed raise, led by Madrid-based K Fund, with participation from existing investors Seedcamp, Mustard Seed Maze, and another.vc. Also joining the round are Shilling.vc, plus a number of other European founders and business angels, such as Oscar Pierre, co-founder and CEO of on-demand delivery platform Glovo.


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