Hugo Raises $6.1 Million From Gradient, Slack, Founder Collective, And Entrée Capital

By Amit Chowdhry ● April 23, 2020
  • Hugo has announced that Gradient Ventures led the company’s recent $6.1 million seed financing round with participation from Slack Fund, Founder Collective, and Entrée Capital.

Connected meeting notes platform Hugo has announced that Gradient Ventures led the company’s recent $6.1 million seed financing round with participation from Slack Fund, Founder Collective, and Entrée Capital.

Every year, unproductive meetings are known for costing an estimated $37 billion. And Hugo is aiming to change these losses this by bringing your calendar, chat, and productivity apps into the note-taking experience for your team thus transforming meeting insights into action through integrations with more than 20 apps including Asana, Jira, Salesforce, Slack and Zoom.

Since being founded, the company has powered hundreds of thousands of meetings for some of the largest companies in the world, including Adobe, Dropbox, Netflix, Shopify, Spotify, and Twitter.

Hugo’s customers have been reporting its technology has been leading to fewer and higher quality meetings. Plus it has a tremendous impact on alignment and the way their teams work.

With this round of funding, Hugo will be servicing its fastgrowing list of customers, expand its global team and accelerating product development of new features that support customers with more of their meeting workflow.

Key Quotes:

“The way we meet dictates the way we work. Everyone already plans for and takes notes in meetings. Hugo supercharges that behavior for better alignment and productivity, especially when we can’t all be in the same room. We are looking forward to the next phase of Hugo’s growth – powering meetings that help teams work better together.”

-Josh Lowy, CEO and co-founder of Hugo

“The most important conversations and decisions in every business come from meetings. As the world embraces new models for working remotely, Hugo is building the intelligent source of truth for meeting alignment and collaboration. Whether you’re in sales, support, finance, or strategy, Hugo keeps teams in sync by centralizing meeting insights and automating outcomes through smart integrations to other best-in-class collaboration tools.”

-Darian Shirazi, general partner at Gradient Ventures

“Meetings are an untapped source of team discussion, decision-making, and progress. The market is hungry for tools that help teams turn meetings into an opportunity for collaboration – especially in a world where remote work is so prolific. Just as Slack connects us to our colleagues and tools through an innovative collaborative interface, Hugo does the same with meeting notes. We believe Hugo will quickly become the go-to solution for organizations that want their teams to be more aligned and their meetings more productive.”

-Jason Spinell of Slack Fund

“We’re in a meeting-driven world. Team agendas and notes that sync with our calendars have shifted the way we work, towards being super organized, diligent, and most importantly, connected. That’s not only great for efficiency, but also from a culture standpoint since meetings are at the core of transparency and teamwork.”

-Nick Valluri, strategic alliances manager at Zapier