Ukrainian startup Bluedot has created an extension for Google Chrome that records meetings in Google Meet using artificial intelligence. The company has raised $600,000 in pre-seed angel funding at a valuation of $5 million.
Bluedot Startup
What is Bluedot?
Bluedot is a Ukrainian technology startup that has developed an innovative extension for the Google Chrome browser. This software solution is designed to record video conferences and meetings held using the Google Meet service. The recording process is carried out using artificial intelligence technologies.
Raising investment
At the end of April 2024, Bluedot startup successfully raised $600,000 in angel investment during the pre-seed round, valuing his project at $5 million. Funds were received from investors from Ukraine, the USA, Great Britain, France and Germany. Among those who have invested in the startup are such well-known entrepreneurs and businessmen as the founder of Codility Greg Jackaki, the creator of YouScan Alex Orap, the founder of GL trade Louis-Christophe Laurent, the former product lead of Taxfix Daniel Shuhi, the founder of YCBM Bridget Harris, as well as Zbigniew Lukasiak, Andrei Skoropad , Ivan Kogut and Thomas James.
Further development
The raised investments will be used to strengthen the startup team and carry out marketing activities. Currently, Bluedot is of interest not only to foreign, but also to Ukrainian investors, since the service supports recording conversations in Ukrainian. Development of the Bluedot extension for Chrome began a year and a half ago, and the full launch took place last year. The company is demonstrating active growth, expanding its presence and attracting clients from Europe and the USA.
Unique advantages
According to Bluedot representatives, their product is one of the most secure recorders for recording video conferences in the European market. Using the extension, you can record a meeting in Google Meet, after which the recording will be transcribed. Based on the received transcription, notes and analytics on the meeting are created, and recommendations are provided. Among the key advantages of Bluedot is the absence of the need to use third-party bots, storing data on local European servers, and the ability to transcribe in Ukrainian, Dutch, Polish and other European languages. The extension is currently used by more than 1,000 paying customers, including well-known companies such as The New York Times, Salesforce, Etsy and UserTesting. The Bluedot team consists of three co-founders and one additional employee.
Glossary
- Bluedot: Ukrainian startup that has developed an extension for recording video conferences in Google Meet using AI.
- Greg Jackaki: founder of Codility, investor in Bluedot.
- Alex Orap: creator of YouScan, investor in Bluedot.
- Louis-Christophe Laurent: founder of GL trade, Bluedot investor.
- Daniel Schuhi: former product lead at Taxfix, investor at Bluedot.
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Discussion of the topic – Ukrainian startup Bluedot has raised $600 thousand in investments for an AI extension for recording video conferences
Startup Bluedot has created an extension for Google Chrome that uses AI to record and transcribe Google Meet meetings. The company has raised $600,000 in investments at a valuation of $5 million.
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JuanSolis
Great idea! Real-time video call recording has huge potential. AI makes it easy to take notes and transcribe meetings 👍
KarinaMuller
Bluedot seems like an attractive solution. It would be great to be able to record online meetings in many languages, including Polish. Convenient for international companies 🌐
PierreDelacroix
Bravo, Bluedot team! Raising $600,000 from well-known investors at such an early stage is a worthy result. I'm excited to see startups developing innovative solutions for business communication. 💼
GrumpyOldMan
Why is all this needed? Previously, they managed just fine without any recordings of rallies. A complete waste of money and time on unnecessary things 😒
SaraRodriguez
I couldn't agree more that being able to record video calls makes my work easier. Last year I had to miss important meetings several times, it would be great to have a recording on hand 📽️
MarioRossi
I'm impressed that Bluedot uses artificial intelligence for transcription. I work for an international company, and such a function would be very useful when communicating in different languages 🧠
JakubNowak
It's cool that Bluedot supports the Ukrainian language. It would be cool if they added Polish in the future 🇵🇱 The startup is clearly moving in the right direction!
AnnaKovalchuk
As an employee of The New York Times, the meeting recording feature is very useful for me. Saves a lot of time on drawing up meeting minutes 💻