Granola Raises $125M Series C at $1.5B Valuation
Granola, a London, UK–based AI-powered note-taking company, has raised $125 million in Series C funding, reaching a $1.5 billion valuation.
The round was led by Danny Rimer of Index Ventures, with participation from Mamoon Hamid of Kleiner Perkins, along with existing investors Lightspeed Venture Partners, Spark Capital, and NFDG, bringing Granola’s total funding to $192 million.
Index Ventures is a global, multi-stage venture capital firm headquartered in San Francisco, California, and London, United Kingdom. Founded in 1996, the firm backs exceptional entrepreneurs aiming to build large, category-defining global businesses. It invests across early and growth stages in technology and life sciences, supporting founders in scaling impactful companies.
The company will use the funds to expand its enterprise AI capabilities, develop new APIs, and enhance its platform.
Founded in March 2023 by Chris Pedregal and Sam Stephenson, Granola is an AI-powered meeting notepad that captures conversation transcripts and turns them into actionable, company-wide context. The platform introduces features such as shared “Spaces” for organizing notes, APIs for accessing meeting data, and enterprise-grade controls. By combining transcripts with AI models like Claude, GPT, and Gemini, Granola enables teams to quickly extract insights and answer questions across meetings. Headquartered in London, the company serves enterprises including Vanta, Gusto, Thumbtack, and Asana, as well as fast-growing startups such as Mistral AI.
Funding Details
Company: Granola
Raised: $125.0M
Round: Series C
Funding Date: March 2026
Lead Investor: Index Ventures
Additional Investors: Kleiner Perkins, Lightspeed Venture Partners, Spark Capital, NFDG
Company Website: https://www.granola.ai/
Software Category: AI Productivity / Meeting Intelligence / Note-taking