citybiz+ Supernormal, Driven by ChatGPT-like Smarts, Raises $10 Million

Supernormal, a Sweden- and New York-headquartered startup that uses ChatGPT-like AI smarts to automatically create meeting notes, has raised $10 million in a funding round led by London’s Balderton Capital. Other investors include Sweden’s EQT Ventures, Denmark’s by Founders VC and Seattle, Wash.-based Acequia Capital. So far, the company has raised $12.9 million from investors.

Former Facebook and Klarna executive Colin Treseler, and Fabian Perez, who has previously held product design roles at GitHub and music platform Splice, co-founded Supernormal in 2020. The seeds of the startup were sown in two-week long meetings between Treseler and Perez, after which the two realized nobody had taken notes, TechCrunch said. That was the moment they came up with the idea for Supernormal.

“Supernormal is exactly the type of tool that would have transformed my life working for remote-first companies such as GitHub,” Perez told Tech EU. “With more companies opting for hybrid and distributed models, real-time communication and transparency are essential, and Supernormal gives people the tools to document their meetings and share them with colleagues instantly.”

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Supernormal has blended proprietary AI with OpenAI’s GPT3 — the predecessor to ChatGPT — to generate meeting notes. Its early products are integrated with major videoconferencing platforms, such as Google Meet, Microsoft Teams and Zoom. Early customers of the company include GitHub, Netflix, Airbnb and Salesforce. Supernormal’s technology can evaluate different types of meetings, such as presentations, customer discovery and interviews, and accordingly tailor the notes, besides being a constant learner.

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Supernormal has “just scratched the surface on an entirely new class of actionable meeting data,” Treseler was quoted as saying by FinSMES. Treseler claims Supernormal costs less than $1 per meeting, TechCrunch said, adding that such a level might challenge margins and company’s profitability.

With a tiny staff of five, Supernormal expects to use the funding round to expand in research and development, as well as in sales.