Note-Taking Software
Fathom.ai is a free AI meeting assistant founded in 2020 by Richard White, who serves as CEO. The product records, transcribes, and summarizes meetings on Zoom, Google Meet, and Microsoft Teams, and is used by organizations ranging from small teams to large enterprises including Meta, Netflix, Microsoft, and Yahoo. White built Fathom on a deliberately capital-efficient model, raising approximately $30 million in total across multiple tranches and a Series A, while growing annual recurring revenue from $1 million in 2023 to $10 million in 2024 and $30 million in 2025. The company kept no more than roughly $1 million to $2 million in cash at any given time during its early years. Fathom prices at $25 per seat per month, with an average account size of 8 to 10 seats and an average contract value of approximately $200 per month. The company offers its core individual product for free and monetizes through a team-tier product layered on top, a structure White credits with enabling generous free access while sustaining revenue growth.
- Revenue
- $30M
- Customers
- 8
- Year founded
- 2020
- Funding
- $30M
- Team size
- 100
- Location
- United States