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Seattle startup Xembly raises $15M for AI-powered office assistant


Xembly CEO Pete.v1
Xembly founder and CEO Pete Christothoulou says the company's technology frees workers from menial and time-consuming work.
Xembly

Seattle-based task automation startup Xembly has raised a $15 million Series A round.

The round, announced Tuesday, will go toward adding customers and improving the company's technology, Xembly said in a release. According to Xembly, the company has raised $20 million to date.

“Employers and employees alike are being asked to do more with less, yet solutions to support them are antiquated and incapable of smartly automating tasks that eliminate work and drive meaningful improvement,” Pete Christothoulou, founder and CEO of Xembly, said in a release. “AI advances in natural language processing and machine learning allow Xembly to deliver a new interaction model that finally frees the world’s knowledge workers of time-consuming tasks so they can get real work done.”

Xembly's software is an automated version of a chief of staff or an executive assistant. The company's technology automates tasks like scheduling meetings, taking meeting notes and blocking time on calendars to tackle to-do lists.

Xembly counts among its customers local companies such as Convoy, Twilio and Qualtrics. Xembly's technology integrates with tools like Slack and Zoom. New customers must sign up for a waitlist.

On its website, Xembly has open roles in engineering, research and customer success.

Norwest Venture Partners led the Series A round. Lightspeed Venture Partners, Ascend, Seven Peaks Ventures and Flex Capital participated. Norwest has invested in big-name Seattle companies like the real estate fintech Flyhomes, the e-commerce startup Fabric and the interviewing startup Karat. Fabric and Karat both have values of more than $1 billion. Palo Alto, California-based Norwest has also invested in major fintechs like Plaid and Dave.

"Xembly is fundamentally improving the way we work,” Priti Youssef Choksi, partner at Norwest Venture Partners, said in a release. “Doing more with less is on every employer's mind, and ensuring their most important asset — employees — lead more productive, impactful work lives has never been more important.”


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