Dropbox has acquired AI tool Reclaim.ai, expanding its time management and scheduling capabilities. The startup, which has a significant client base, will continue to grow under new management, focusing on improving functionality and expanding integrations.
Acquisition of Reclaim.ai
Dropbox and Reclaim.ai deal
Dropbox from the US announced about the purchase of Reclaim.ai - an innovative tool based on artificial intelligence technologies. Financial aspects and specifics of the deal remain confidential.
Development under new management
The founders of Reclaim.ai, Henry Shapiro and Patrick Lightbody, assure that they will continue to improve their product under the auspices of Dropbox. Founded in 2019, the company has already managed to attract more than 43 thousand corporate clients and more than 320 thousand individual users around the world.
Future plans
Reclaim.ai currently only offers integration with Google Calendar, but plans to add Outlook support in the near future.
The company's official website states: "Our main goals for the near term include launching Outlook support for all users, transitioning to the updated Smart Meetings platform and Habits 2.0, as well as preparing for the release of Reclaim Assistant and the implementation of intelligent scheduling for one-time meetings."
Funding and Investors
According to TechCrunch , the startup attracted more than $9.5 million in investment. Investors include Calendly, Character.vc, Flying Fish, Gradient Ventures, Index Ventures, Operator Partners, Yummy Ventures, as well as Raj Dutt (CEO Grafana) and Jason Warner (ex-CTO GitHub).
Product features
Reclaim.ai offers an innovative solution based on artificial intelligence to optimize time management. The product integrates with Google Calendar and provides various functions for effective planning.
Glossary
- Dropbox is an American company that provides cloud storage and data synchronization services
- Reclaim.ai - a startup developing AI tools for time management
- Google Calendar - a popular online calendar from Google
- Outlook - an email and calendar management program from Microsoft
- TechCrunch - an influential online publication about technology and startups
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What investment did Reclaim.ai receive before acquiring Dropbox?
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Discussion of the topic – Scheduling revolution: Dropbox buys AI tool Reclaim
Dropbox acquired Reclaim.ai, an AI tool to optimize time and task scheduling. Founded in 2019, Reclaim.ai will continue to grow under new leadership, serving 43,000 businesses and over 320,000 users.
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Oleksandr
Wow, Dropbox is buying Reclaim.ai! 🤔 I wonder how this will affect the development of their time management AI. Maybe there will be integration with Dropbox Paper now?
Emma
This is really cool! 😃 I've been using Reclaim.ai for a long time and it helps me plan my time incredibly. Hopefully with Dropbox they will be able to further develop their product.
Pierre
Emma, what features of Reclaim.ai do you use the most? I just started using it and haven't figured it out yet.
Emma
Pierre, I really like the Smart Meetings feature! 👍 It automatically finds the best time for meetings, taking into account my work schedule and priorities. This really saves a lot of planning time.
Hans
Phew, another useless tool. 🙄 Why do you need AI for planning at all? An ordinary calendar perfectly copes with this task. All these new trends are just a waste of money.
Maria
Hans, I understand your skepticism, but AI really helps to optimize time. 🕒 For example, Reclaim.ai automatically creates time for important tasks that we often neglect. This is very useful for productivity!
Oleksandr
BTW, does anyone know if they plan to expand the integration with calendars other than Google and Outlook? 🤔 It would be great to have Apple Calendar support.
Isabella
Oleksandr, that's a good question! 🤓 I heard that they are actively working on expanding integrations. Maybe with Dropbox resources it will happen faster. And I'm also interested in whether there will be new language versions of Reclaim Assistant.