Granola announced a Series B and its transformation into an AI-powered team workspace

Granola, the AI-powered meeting assistant, has announced a major evolution with the launch of Granola 2.0, transforming its popular tool into a collaborative workspace for teams. In parallel, the London-based startup shared that it has secured $43 million in Series B funding led by NFDG's Nat Friedman and Daniel Gross, with participation from existing investors Lightspeed and Spark Capital.

At just one year old, Granola is a relatively new product. However, this didn't keep the notetaking app from experiencing an unexpected surge in popularity among the venture capitalist crowd, something that certainly paved the way for Granola to secure a $20 million Series A a few months after the app debuted. Granola claims its users often refer to the app as a "second brain", a merit it has earned by transcribing millions of conversation minutes daily and making them searchable through AI.

The realization that Granola did best as a tool for collaboration across teams fueled the next stage in the app's journey: "The most up-to-date, relevant data on what's happening in a company doesn't lie in a Google Doc, internal wiki, or Slack channel—it's in the conversations employees are having day in, day out," said Christopher Pedregal, Co-Founder of Granola.

Key Granola 2.0 features include:

• Shared team folders that can be used to organize meetings by purpose, and that can be shared through a URL with Granola users and non-users;
• AI-powered folder chat with source-linked citations;
• enterprise-wide folder browsing; and
• Slack integration for automatic meeting summaries.

Additionally, Granola's AI capabilities now support reasoning models from leading providers, including OpenAI, Anthropic, and Google, enabling teams to extract deeper insights from their collective meeting knowledge.

Founded in March 2023 by Pedregal and Sam Stephenson, Granola has quickly attracted significant investor interest, raising a $4.25 million seed round in May 2023 and the mentioned $20 million Series A in October 2024 before this latest funding.