
Note-Taking Software
Fathom is a free AI meeting assistant founded in 2020 by Richard White that records, transcribes, and summarizes calls on Zoom, Google Meet, and Microsoft Teams. The company launched in August 2021 as one of approximately 50 apps on the Zoom App Marketplace and began monetizing in August 2022, reaching $1 million in annual recurring revenue within its first year of charging customers. Fathom grew from $1 million in revenue in 2023 to $10 million in 2024 and $30 million in 2025, a trajectory White described as zero to one, one to ten, and ten to thirty in the first three years of monetization. The company raised a total of $30 million, including a Series A at a $73 million valuation, and counts Zoom and Maven Ventures among its investors. White built Fathom on a deliberate free-tier distribution strategy, absorbing losses of roughly $50 per user per month in the early years to build a base of tens of thousands of free users before introducing a paid team product. As of 2026, Fathom reports hundreds of thousands of daily active users, hundreds of thousands of daily recordings, and approximately $1 million to $2 million in cash on hand at any given time.
- Revenue
- $30M
- Customers
- 8
- Year founded
- 2020
- Funding
- $30M
- Team size
- 3
- Location
- United States




















