Recall.ai Closes $38M Series B Funding to Power the AI Stack for Conversation Data

SAN FRANCISCO--(BUSINESS WIRE)--Sep 4, 2025--

Recall.ai, the company building the API for meeting recordings, announced today that it has closed $38 million in Series B funding at a $250 million valuation, led by Bessemer Venture Partners with participation from HubSpot Ventures and Salesforce Ventures. The company is using the capital to expand beyond meeting integrations and launch new conversation data capture capabilities, including the newly released Desktop Recording SDK, dialers, phone, and in-person meeting support.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250904525808/en/

Building and scaling reliable integrations across meeting platforms like Zoom, Google Meet, Microsoft Teams, and Slack Huddles is complex, expensive, and time-consuming for development teams. Recall.ai provides a clean, unified API that abstracts away these technical challenges, allowing a single engineer to get up and running in days rather than months.

The company has built a sophisticated infrastructure that processes over three terabytes per second of raw video through custom pipelines and launches over 8 million EC2 instances monthly. This enables real-time access to conversation data with metadata available within 10 seconds after any meeting ends, regardless of meeting length.

“We’re in an AI gold rush, but 99% of the context AI needs is never written down — it’s spoken,” said David Gu, co-founder and CEO of Recall.ai. “To fill out a CRM, AI needs to know what the customer actually said. To write a follow-up email, it needs to know what was discussed. To generate a clinical note, it needs to know exactly what the patient said. Conversation data is the world’s largest untapped dataset, and we’re building the infrastructure that makes it accessible.”

The AI Conversation Data Opportunity

Over the past year, advances in large language models have made conversation data accessible and actionable at scale for the first time. Companies across dozens of industries—from sales and recruiting platforms to healthcare scribes—are embedding AI that understands human conversations into their core products. Developers want to harness conversation data without managing complex edge cases, infrastructure scaling, and compliance requirements.

This shift has created massive demand for reliable conversation data infrastructure. The company now serves over 2,000 companies ranging from startups to Fortune 500 enterprises, processing millions of meetings monthly — a testament to the success of their infrastructure-first approach.

Enterprise Customer Adoption

Customers, including HubSpot, ClickUp, and Apollo.io, report significant operational benefits from using Recall.ai's infrastructure. Development teams consistently report 2-3x faster time to market compared to building meeting recording capabilities in-house.

“Recall.ai allows us to build AI-powered meeting recording features without needing to worry about infrastructure or platform-specific edge cases,” said Jared Williams, EVP of Engineering, at HubSpot. “It has helped us move faster than we could have with an in-house build.”

Investor Perspectives on $38M Series B Funding Round

“Recall.ai is critical infrastructure for the next generation of software, AI apps, and agents,” said Talia Goldberg, Partner at Bessemer Venture Partners. “Recall.ai is the clear category leader in conversation data infrastructure. Intelligent products need context to work well, and Recall.ai makes it simple for developers to capture and leverage the rich context hidden in conversations. Adoption across enterprises and industries such as sales, recruiting, and healthcare validate Recall.ai’s impact and potential.”

Additional investors in the round include RTP Global, Ridge Ventures, and Y Combinator, along with notable individual investors Paul Graham, founder of Y Combinator, Solomon Hykes, founder of Docker, Michael Siebel, founder of Twitch.tv, and Eoghan McCabe, founder of Intercom.

The funding will enable Recall.ai to expand platform coverage through new form factors, including the newly released Desktop Recording SDK, dialers, phone, and in-person integrations, while building additional storage, playback, and agentic AI integrations to support the growing ecosystem of conversation-native software.

To learn more, visit recall.ai.

About Recall.ai

Recall.ai is the infrastructure layer for conversation data. With a single API, developers can access recordings, transcripts, and metadata from meetings, desktops, and phone calls – without managing bots, integrations, or real-time infrastructure. Over 2,000 companies use Recall.ai to build AI products across sales, recruiting, healthcare, and productivity tools.

About Bessemer Venture Partners

Bessemer Venture Partners helps entrepreneurs lay strong foundations to build long-standing companies. With more than 150 IPOs and 350-plus portfolio companies across industries, Bessemer supports founders and CEOs from seed through every stage of growth. Bessemer has backed industry defining companies including Anthropic, Perplexity, Abridge, Canva, Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, Wix, RocketLab, Toast and ServiceTitan, and has $19 billion of assets under management. Bessemer has investment teams located in San Francisco, Silicon Valley, New York, Boston, London, Bangalore, and Tel Aviv. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos ) and also learn from its mistakes (see Anti-Portfolio ).

Recall.ai co-founders David Gu (CEO) and Amanda Zhu (COO)

The U.S. government admitted Wednesday that the Federal Aviation Administration and the Army played a role in causing the collision last January between an airliner and a Black Hawk helicopter near the nation's capital, killing 67 people in the deadliest crash on American soil in more than two decades.

The official response to the first lawsuit filed by one of the victims’ families said that the government is liable in the crash partly because the air traffic controller violated procedures about when to rely on pilots to maintain visual separation that night. Plus, the filing said, the Army helicopter pilots' “failure to maintain vigilance so as to see and avoid” the airline jet makes the government liable.

But the filing suggested that others, including the pilots of the jet and the airlines, may also have played a role. The lawsuit also blamed American Airlines and its regional partner, PSA Airlines, for roles in the crash, but those airlines have filed motions to dismiss.

At least 28 bodies were pulled from the icy waters of the Potomac River after the helicopter apparently flew into the path of the American Airlines regional jet while it was landing at Ronald Reagan National Airport in northern Virginia, just across the river from Washington, D.C., officials said. The plane carried 60 passengers and four crew members, and three soldiers were aboard the helicopter.

Robert Clifford, one of the attorneys for the family of victim Casey Crafton, said the government admitted “the Army’s responsibility for the needless loss of life” and the FAA’s failure to follow air traffic control procedures while “rightfully” acknowledging others –- American Airlines and PSA Airlines -– also contributed to the deaths.

The families of the victims “remain deeply saddened and anchored in the grief caused by this tragic loss of life,” he said.

The government's lawyers said in the filing that “the United States admits that it owed a duty of care to plaintiffs, which it breached, thereby proximately causing the tragic accident.”

The National Transportation Safety Board will release its report on the cause of the crash early next year, but investigators have already highlighted a number of factors that contributed, including the helicopter flying 78 feet higher (24 meters) than the 200-foot (61-meter) limit on a route that allowed only scant separation between planes landing on Reagan's secondary runway and helicopters passing below. Plus, the NTSB said, the FAA failed to recognize the dangers around the busy airport even after 85 near misses in the three years before the crash.

Before the collision, the controller twice asked the helicopter pilots whether they had the jet in sight, and the pilots said they did and asked for visual separation approval so they could use their own eyes to maintain distance. FAA officials acknowledged at the NTSB’s investigative hearings that the controllers at Reagan had become overly reliant on the use of visual separation. That’s a practice the agency has since ended.

Witnesses told the NTSB that they have serious questions about how well the helicopter crew could spot the plane while wearing night vision goggles and whether the pilots were even looking in the right spot.

Investigators have said the helicopter pilots might not have realized how high they were because the barometric altimeter they were relying on was reading 80 to 100 feet (24 to 30 meters) lower than the altitude registered by the flight data recorder.

The crash victims included a group of elite young figure skaters, their parents and coaches who had just attended a competition in Wichita, Kansas, and four union steamfitters from the Washington area.

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FILE - Attorney Bob Clifford speaks during a news conference regarding the Jan. 29, 2025, mid-air collision between American Eagle flight 5342 and a U.S. Army Black Hawk Helicopter, at the National Press Club, Sept. 24, 2025, in Washington. (AP Photo/Rod Lamkey, Jr., File)

FILE - National Transportation Safety Board Chairwoman Jennifer Homendy speaks during the NTSB fact-finding hearing on the DCA midair collision accident, at the National Transportation and Safety Board boardroom, July 30, 2025, in Washington. (AP Photo/Rod Lamkey, Jr., File)