SemblyAI

Putting an End to Pointless Meetings

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Company Information

Website:

https://www.sembly.ai/

Sector:

Collaboration & Project Management Software

Location:

New York, NY

Hate meetings? Sembly AI gets it.

That’s why this startup created Artificial Intelligence-powered software that attends meetings with you, and turns them into actionable insights.

Professionals spend an average of thirty-one hours a month in unproductive meetings, resulting in sixty-six billion wasted hours a year in the U.S. alone.

Traditional meeting tools fail to provide deep, contextual understanding, making it hard to distill meaningful takeaways, assign tasks, and ensure alignment across teams.

The bulk of time-consuming work actually takes place after meetings, where information is gathered across prior meetings has to be synthesized into formal deliverables such as product requirements, documents, project plans, and sales proposals. This work is labor-intensive, manual, and time-consuming.

Now, Sembly AI can handle all of that. This AI processes more than 60,000 meetings monthly, generating notes, tasks, and project deliverables. Furthermore, its proprietary technology organizes discussions into actionable insights, helping users prioritize high-value tasks.

Sembly AI can automatically transcribe and summarize meetings across forty languages. And it can identify action items and deadlines with near-human project-management accuracy.

The AI can analyze trends and decisions across multiple meetings to increase productivity, and it works with major platforms like Zoom and Teams without downloads or installations.

Sembly AI generates recurring revenue through monthly software-as-a-service (SaaS) subscriptions. These are offered to small- and medium-sized businesses. The company also offers customized deployments for large organizations that include premium features like dual-language support and private cloud hosting.

The global market for AI-driven workplace solutions is expanding, presenting Sembly AI with a fifteen-billion-dollar total addressable market (TAM).

Sembly AI has more than 10,000 users and has processed more than one million meeting minutes. As of December 2024, the company has achieved $143,000 in monthly-recurring revenue and has raised more than eight million dollars from investors.

Team Background

Gil Makleff - Chief Executive Officer

Gil is a seasoned entrepreneur with experience in IT strategy, project management, and AI-driven solutions.

Prior to starting Sembly AI, he was a partner principal with Ernst & Young, a professional-services firm. Before that, he owned United Management Technologies, a technology company eventually acquired by Ernst & Young.

Gil earned a Bachelor’s degree in Computer Science from Columbia University and an MBA from NYU.

Artem Koren - Chief Product Officer

Artem has experience with software-as-a-service businesses and AI technology.

He began his career as CEO of Visual Trading Systems, a technology company. From there, he became a senior-product manager with UMT Consulting Group, which was acquired by Ernst & Young.

More recently, Artem co-founded Neusana, a company using AI to analyze digital biopsies. He then became a senior manager with Ernst & Young before starting Sembly AI in 2019.

He earned a Bachelor’s degree in Computer Science and Economics from Columbia University and an MBA from NYU.

Raising
$1.23 million
Committed
$373K (30%)
Current Valuation
$23.09 million
Min. Investment
$238
Deal Type
Title III
(For all investors)
Offering Type
Equity
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