Otter.ai
Everything you need to know about Otter.ai — from their $70M in funding to who's backing them.
Updated Mar 15, 2026Awaira Score
Out of 100
HQ
United States
Founded
2016
Raised
$70M
Stage
Series B
Team
150
Valuation
$300M
Post-money
Total Raised
$70M
All rounds
Awaira Score
64/100
Founded
2016
150 employees
Awaira estimate based on public data. Not financial advice.
About Otter.ai
Otter.ai is an AI-powered transcription and meeting notes platform founded in 2016 and headquartered in the United States. The company develops automatic speech recognition technology that converts audio and video content into searchable, editable text transcripts in real-time. Its core product enables users to record meetings, interviews, lectures, and podcasts, automatically generating accurate…
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Strengths
Strong Awaira Score of 64/100
Growing team of 150 employees
Based in the US, the world's largest AI market
Analysis based on publicly available data. Not investment advice.
Market Position
Otter.ai is a emerging AI company in the AI Audio sector. Founded in 2016, the company is currently at the Series B stage with a team of approximately 150 employees. With $70M in total disclosed funding, Otter.ai has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Audio companies on Awaira, including ElevenLabs and PolyAI.
Key Numbers
Awaira Score
64/100
Valuation
$300M
Total Funding
$70M
Founded
2016
Employees
150
Stage
Series B
Funding Velocity
2
Total Rounds
N/A
Avg Round Size
2.0yr
Funding Span
Why Track Otter.ai?
With $70M in disclosed funding, Otter.ai is a well-capitalized player in the AI Audio segment.
Among 3 tracked competitors, Otter.ai ranks #2 by valuation — a metric investors and analysts use to gauge market standing.
Tracking Otter.ai on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Audio market.
Competitor Comparison
| Metric | ★Otter.ai | ElevenLabs | PolyAI | Speechmatics |
|---|---|---|---|---|
| Awaira Score | 64/100 | 81/100 | 70/100 | 58/100 |
| Total Raised | $70M | $791M | $200M | $90.6M |
| Valuation | $300M | $11B | N/A | N/A |
| Stage | Series B | Series D | Series D | Series C |
| Founded | 2016 | 2022 | 2017 | 2006 |
| Employees | 150 | 200 | 100-500 | 100-500 |
| Country | 🇺🇸 | 🇺🇸 | 🇬🇧 | 🇬🇧 |
Funding Rounds
InactiveUndisclosed
Jan 2018
Undisclosed
Jan 2016
Otter.ai Latest News
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