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Company profile: Read AI

1.1 - Company Overview

Read AI Logo

Read AI

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of productivity AI that enhances workflows by connecting meetings, email, and messages and improving scheduling. Offers AI-generated summaries (Readouts) for Gmail, Outlook, Teams, and Slack; integrates with Zoom, Teams, and Meet; delivers real-time meeting metrics (timer, Talk Time, engagement, sentiment), programmatic feedback using verbal and visual cues, multi-language transcription, and actionable items and key questions.

Products and services

  • Productivity AI: AI-driven platform that connects meetings, email, and messages to identify projects, action items, and key questions, unifying context to enhance workflow efficiency across communications
  • Read Assistant: AI-generated summarization tool integrating with Zoom, Teams, and Meet that produces concise meeting Readouts, keeping participants aligned with clear recaps of discussions
  • Meeting Tools and Metrics: Real-time instrumentation offering a meeting timer, Talk Time gauge, and engagement and sentiment metrics to quantify participation and architect clearer communication during sessions

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Read AI

Tacit Logo

Tacit

HQ: United States Website
  • Description: Provider of collaboration and knowledge management software, offering illumio, a productivity tool to monitor news, blogs, and wikis, and connect with others to share knowledge and expertise, helping individuals and organizations discover and share information more effectively.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Tacit company profile →
Syncplicity Logo

Syncplicity

HQ: United States Website
  • Description: Provider of an enterprise-grade cloud file storage platform for file synchronization, backup, and sharing, offering real-time file protection via backups, unlimited storage, and one-click syncing and sharing.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Syncplicity company profile →
One2Team Logo

One2Team

HQ: France Website
  • Description: Provider of new generation enterprise collaboration SaaS and Sciforma project and portfolio management software (Gartner visionary leader), enabling strategic planning and execution for complex programs. Offers strategic and dynamic portfolio management, resource and capacity planning, project scheduling and task management, financial tracking and ROI, with real-time sharing and data consolidation to anticipate risk.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full One2Team company profile →
AddLive Logo

AddLive

HQ: United States Website
  • Description: Provider of a simple, developer-friendly platform to integrate live video, voice, and text chat into applications, empowering developers to build real-time experiences.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full AddLive company profile →
Instantis Logo

Instantis

HQ: United States Website
  • Description: Provider of project portfolio management software for business process and information technology leaders to improve strategy execution and financial performance, enabling management, tracking, and reporting of enterprise strategies, processes, projects, portfolios, resources, costs, and benefits.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Instantis company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Read AI

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Buyer group 1: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Read AI

2.2 - Growth funds investing in similar companies to Read AI

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4 - Top valuation comps for Read AI

4.2 - Public trading comparable groups for Read AI

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4.3 - M&A Transactions similar to Read AI

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Read AI

What does Read AI do?

Read AI is a provider of productivity AI that enhances workflows by connecting meetings, email, and messages and improving scheduling. Offers AI-generated summaries (Readouts) for Gmail, Outlook, Teams, and Slack; integrates with Zoom, Teams, and Meet; delivers real-time meeting metrics (timer, Talk Time, engagement, sentiment), programmatic feedback using verbal and visual cues, multi-language transcription, and actionable items and key questions.

Who are Read AI's competitors?

Read AI's competitors and similar companies include Tacit, Syncplicity, One2Team, AddLive, and Instantis.

Where is Read AI headquartered?

Read AI is headquartered in United States.

How many employees does Read AI have?

Read AI has 1,000 employees 🔒.

When was Read AI founded?

Read AI was founded in 2010 🔒.

What sector and industry vertical is Read AI in?

Read AI is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Read AI

Who are the top strategic acquirers in Read AI's sector and industry

Top strategic M&A buyers and acquirers in Read AI's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Read AI?

Top strategic M&A buyers groups and sectors for Read AI include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Read AI's sector and industry vertical

Which are the top PE firms investing in Read AI's sector and industry vertical?

Top PE firms investing in Read AI's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Read AI's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Read AI's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Read AI's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Read AI include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Read AI's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Read AI?

The key public trading comparables and valuation benchmarks for Read AI include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Read AI for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Read AI with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Read AI's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Read AI with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Read AI's' sector and industry vertical?

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