Notta Secures 990 Million Yen for AI Meeting Minutes Service Expansion

Notta Secures Significant Funding to Enhance AI Meeting Minutes Services

In a major development for the tech industry, Notta Inc., based in Chiyoda, Tokyo, has successfully raised 990 million yen in its Series A+ funding round. This funding will enable the company to strengthen its position in the SaaS market both domestically and internationally. With participation from new shareholders Mizuho Leaguer Investments and GSR Ventures, as well as additional investments from existing stakeholders, Notta is poised for significant growth and technological innovation.

The Growth of AI Meeting Minutes Market

The market for AI-generated meeting minutes is experiencing rapid expansion, as businesses seek to enhance efficiency and productivity. Since launching its automated transcription and AI meeting minutes tool in 2020, Notta has accumulated an impressive user base of 10 million. Particularly noteworthy is the rapid increase in adoption among corporate clients, with enterprise users reporting a staggering 300% growth year-over-year. Currently, 72% of the Nikkei 225 companies utilize Notta's services, highlighting the widespread support from the corporate sector.

Notta's mission is to "discover infinite value from conversations," which is reflected in its commitment to providing top-notch security measures, having achieved ISO 27001 and SOC 2 Type 2 certifications. This ensures that customers can confidently leverage the service while knowing their data is protected. The recent funding round will further drive value creation and transformation in business communications.

Objectives of the Recent Funding

1. Accelerating Hardware Ecosystem Development

To complement its existing AI meeting minutes service, Notta aims to expedite the development and market introduction of innovative hardware products that seamlessly integrate with its platform. This expansion will significantly broaden use cases, enhancing convenience and comfort for users. By continually evolving both hardware and software, Notta seeks to maximize the value of its service across diverse settings and situations.

2. Focused Investment in AI Product Development

Notta plans to prioritize investment in cutting-edge AI technologies, including advanced speech recognition and natural language processing. The goal is to accelerate the development of groundbreaking features and services that resolve users' challenges, such as enhancing transcription accuracy, summarizing complex content accurately, and improving multilingual support capabilities. By staying at the forefront of AI technology, Notta aims to consistently deliver the highest possible value to its users in a global market.

3. Expanding Support for Japanese Corporate Clients

In response to the rapidly growing demand from domestic enterprise customers, Notta is set to significantly strengthen its sales and support infrastructure. This enhancement aims to provide more detailed and higher-quality services. By increasing the number of specialized support teams, Notta will offer comprehensive support during onboarding and post-implementation, thereby dramatically improving customer satisfaction. The company is committed to establishing a robust system that contributes to the success of its clients' businesses.

About Notta Inc.

Founded on May 25, 2022, Notta operates from its headquarters in the Otemachi Financial City Grand Cube in Tokyo. The company develops services that incorporate cutting-edge AI technologies such as speech recognition and natural language processing, guided by the vision of "discovering infinite value from conversations." With comprehensive security protocols in place, including ISO 27001 and SOC 2 Type 2 certifications, Notta provides reliable services not only to publicly traded companies but also to government agencies and municipalities.

For more information about Notta, visit Notta Website.