Fellow raises $24M; wants you to enjoy going to meetings again –
Summary
Fellow co-founder and CEO Aydin Mirzaee told TechCrunch that unproductive meetings — you know, the ones that really could be emails — cost U.S. companies $37 billion annually. Fellow’s SaaS business model includes a free plan and tiers for additional users and organizational features. In addition, over 2 million meeting agendas and notes were recorded, and the company is on track to quadruple its revenue this year, Mirzaee said. This has startups lining up to get a piece of it, and Fellow is one of the latest on a list that attracted venture capital attention. “There are few solutions out there purpose-built for meetings.” Lainy Painter, partner at Craft Ventures, also pointed out that Fellow has been able to start out with one team and rapidly expand within an organization once they see how productive they can be.