Granola company profile: valuation, funding & revenue

This Granola company profile covers the company's valuation, revenue, funding rounds, investors and history. Granola works in artificial intelligence, with a focus on AI meeting notes and productivity. It was founded in 2023 and is headquartered in London, England, United Kingdom. Its latest valuation on record is US$1.5 billion (March 2026). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.

Revenue

Funding history

Granola timeline

Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.

• 2023 — Granola is founded in London by Chris Pedregal (CEO) and Sam Stephenson.
• May 2025 — Series B: See source, valuing the company at About US$250M (reported).
• Mar 2026 — Series C: US$125M, valuing the company at US$1.5B. Investors: Index Ventures (lead); Kleiner Perkins, Lightspeed, Spark Capital, NFDG.
• March 2026 — Total funding: About US$190 million across seed to Series C (totals vary slightly by source).

Investors

Overview

Granola is an AI notepad for meetings. It runs on the user's computer or phone, captures the audio of a meeting directly from the device without adding a bot to the call, and combines a transcript with the user's own rough notes to produce clean, structured meeting notes. Users can then ask questions across all their meetings, share notes with colleagues and turn notes into follow-up emails, documents or tasks. Granola became one of the most talked-about productivity apps among founders, investors and product teams, and in March 2026 it raised US$125 million at a US$1.5 billion valuation, becoming one of the UK's newest unicorns.

Chris Pedregal, the CEO, and Sam Stephenson founded Granola in London. Pedregal previously co-founded Socratic, an education app that used AI to help students with homework, which Google acquired in 2018; he then worked at Google. Stephenson is an engineer and designer who previously built products at several startups. The founders focused on a simple idea: rather than replacing the human note-taker, Granola enhances the notes people already take, keeping them in control of what matters.

Products

• AI meeting notes: device-level audio capture and transcription combined with the user's own notes to create structured summaries.
• Templates: formats for different meeting types, such as sales calls, interviews, one-to-ones and board meetings.
• Chat across meetings: questions answered from the user's history of meetings, such as what a customer said about pricing last month.
• Team workspaces: shared folders where colleagues can pool notes and context.
• Integrations: links with tools such as Slack, Notion, CRMs and AI coding tools, launched with the Series C.

Funding

Granola raised a seed round and a Series A from investors including Lightspeed and Spark Capital. A May 2025 Series B was reported to value it at about US$250 million. In March 2026 it raised a US$125 million Series C at a US$1.5 billion valuation, about six times its valuation ten months earlier, led by Danny Rimer of Index Ventures, with Kleiner Perkins participating alongside existing investors Lightspeed, Spark Capital and NFDG. Reports put total funding at about US$188 million to US$192 million.

Revenue

Granola hasn't disclosed revenue figures. Reports around the Series C said revenue had grown about two and a half times since the start of 2026. We show revenue as not disclosed.

Business model

Granola offers a free tier with limits, paid individual plans and business plans with team features, administration and security controls. Enterprise plans target larger organisations that want company-wide deployments. Its growth has been largely word of mouth, as users share notes and recommend the app to colleagues and contacts.

Competition

Granola competes with AI meeting assistants such as Otter.ai, Fireflies.ai, Fathom, tl;dv and Read AI; with features built into Zoom, Microsoft Teams and Google Meet; and with note-taking features in Notion. Sales-focused conversation tools such as Gong also capture calls. Granola's differentiation is its bot-free approach, its focus on enhancing the user's own notes and a design that many users find simpler and more pleasant.

Granola at a glance

Granola is a London AI meeting notes company founded in 2023 by Chris Pedregal and Sam Stephenson. Its app captures meeting audio without a bot and turns it into structured notes. It raised a US$125 million Series C at a US$1.5 billion valuation in March 2026, led by Index Ventures with Kleiner Perkins, Lightspeed, Spark Capital and NFDG.

Timeline

• 2023: founded in London.
• 2024: launches publicly and raises a Series A.
• May 2025: raises a Series B at a reported US$250 million valuation.
• March 2026: raises US$125 million at US$1.5 billion and launches team workspaces and integrations.

Why bot-free matters

Many AI note-takers join meetings as a visible participant, which can make other attendees uncomfortable, raise questions about consent and clutter the participant list. Granola captures audio from the user's device instead. That feels more natural in many settings, but it also places responsibility on users to follow local laws and company policies on recording and to tell other participants when notes are being transcribed. Granola's approach has made it popular for external calls such as investor meetings and customer interviews, where a bot can feel intrusive.

From notes to company context

With its Series C, Granola framed its ambition as becoming a source of context for companies. Meetings contain decisions, customer feedback, plans and commitments that are rarely captured in other systems. If notes are structured and searchable, they can feed AI assistants and agents that help with sales follow-ups, product decisions or software development. The integrations launched in 2026, including connections with AI coding tools, point to that strategy.

Who uses Granola

Granola's users include startup founders, venture capitalists, salespeople, product managers, consultants, recruiters and executives who spend much of their day in meetings.

Valuation context

A sixfold increase in valuation in less than a year reflects strong growth and investor appetite for AI applications with real usage. Granola is one of several European AI application companies to reach unicorn status recently. Our guide to the largest European startups provides comparisons.

Risks

• Platform competition: Zoom, Microsoft and Google bundle AI notes into their meeting tools.
• Privacy and consent: recording rules vary by country and company.
• Crowded market: many AI note-takers offer similar core features.

Questions for teams

• How is meeting data stored, and is it used to train AI models?
• What controls exist for sharing and retention?
• How do you inform participants that notes are being transcribed?

Latest developments (October 2026)

Granola raised a US$125 million Series C in March 2026 at a US$1.5 billion valuation, led by Index Ventures with Kleiner Perkins, Lightspeed, Spark and NFDG, up from US$250 million in May 2025, according to The Next Web. Alongside the round it launched Spaces for team workspaces and APIs for enterprises, positioning its meeting notes as a source of company knowledge for AI tools.

What to watch

Watch enterprise adoption, revenue disclosures, new integrations and competition from meeting platforms.

Takeaways

Professionals can get better meeting notes without a bot in the call. Founders can see how a polished, focused product can stand out in a crowded AI category. Investors should watch whether Granola becomes a company-wide context layer rather than a single-user tool.

Sources

Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.

1. Tech.eu
2. The Next Web
3. Sifted