Notta Inc., developer of the AI meeting minutes service “Notta,” has raised a total of 990 million yen in funding.
In this round of funding, Mizuho Leaguer Investment and GSR Ventures joined as new shareholders, and we also received additional investment from existing investors. This will further solidify our strong position in the domestic and international SaaS markets, and accelerate our future business development and technological innovation.
The AI minutes market continues to grow rapidly, and there is a growing need for efficiency and productivity improvements in business. Notta launched its service in 2020 as an automatic transcription and AI minutes creation tool, and has 10 million users. In particular, usage by domestic corporations has increased sharply, with enterprise users recording a 300% growth year-on-year. It is supported by many companies, including 72% of Nikkei 225 companies using it.
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Notta’s vision is to “discover infinite value from conversations” and provides services that customers can use with peace of mind by establishing the industry’s highest security system, including ISO 27001 and SOC 2 Type 2 certification. With this latest round of funding, Notta will continue to contribute to further value creation and the transformation of business communication.
Purpose of this procurement
Accelerating the creation of a hardware ecosystem
We will actively develop and market innovative hardware products that seamlessly integrate with our current AI meeting minutes service, “Notta.” This will greatly expand the range of usage scenarios, and we aim to provide our users with greater convenience and comfort than ever before. We will pursue evolution in both hardware and software so that users can make the most of Notta’s services in a variety of environments and situations.
Focus on product development centered on AI technology
We will further advance cutting-edge AI technologies such as speech recognition and natural language processing, and accelerate the development of groundbreaking features and services that will help resolve the issues our users face. We will achieve more accurate transcription functions, the ability to accurately summarize complex content, and improved multilingual capabilities, and will strongly promote expansion into the global market. By staying at the forefront of AI technology, we will continue to provide the highest value at all times.
Significantly expand support for Japanese corporate customers
In order to respond to the rapidly increasing needs of domestic enterprise companies, we will significantly strengthen our sales and support systems, aiming to provide more detailed, high-quality services. We will dramatically improve customer satisfaction by increasing the number of dedicated support teams with specialized knowledge and providing consistent, thorough support from assistance at the time of implementation to support after operations begin. We will put in place a thorough system to contribute to the success of our customers’ businesses.
SOURCE: PRTimes
