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February 16, 2024
1 min read

Surpassing Expectations: Scribe Secures Whopping $25M in Series B

TLDR:

  • Scribe, a platform for documenting and sharing business processes, has raised $25 million in Series B funding.
  • The funding round was led by Redpoint Ventures, with participation from New York Life Ventures, Amplify Partners, Tiger Global, and XYZ Ventures.

Scribe provides a product that automates the creation and sharing of step-by-step guides for business processes. It allows employees to quickly document processes and share them with colleagues and clients. The company’s AI tool, Scribe AI, automatically generates titles, descriptions, and contextual information in the guides. Scribe has served over 1 million teams, including 97% of the Fortune 100, and saw a 400% increase in revenue in 2023. The funding will be used to expand operations and reach.

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