Dropbox has acquired AI-powered scheduling software Reclaim.ai, which counts Calendly and Index Ventures amongst its backers. The growth was revealed in a weblog put up on Reclaim.ai’s web site Tuesday. Dropbox hasn’t disclosed the phrases of the deal.
Reclaim.ai, which was based in 2019 by Henry Shapiro and Patrick Lightbody, mentioned the corporate plans to proceed creating its product beneath the brand new proprietor. It additionally mentioned it’s dedicated to ongoing assist for all customers. More than 43,000 firms and over 320,000 folks use the software worldwide, per the weblog put up.
The startup had raised greater than $9.5 million in funding from buyers to this point, together with Calendly, Character.vc, Flying Fish, Gradient Ventures, Index Ventures, Operator Partners, Yummy Ventures, in addition to Grafana CEO Raj Dutt and former GitHub CTO Jason Warner.
It centered on utilizing AI to assist customers higher handle their time and discover slots for conferences, duties, constructing private habits and taking breaks. Its product, which integrates with Google Calendar, additionally lets customers create totally different scheduling options, like reserving hyperlinks and the power to mechanically e book instances on schedule that might be optimum for all members. It competed with different scheduling instruments resembling Calendly, Clockwise, and Doodle.
Reclaim.ai had a fundamental free tier for particular person customers, mixed with plans for small groups that began at $eight per particular person monthly. The firm famous it isn’t altering its charges for now.
In a video posted on X, the Reclaim.ai’s founders mentioned its total group of 22 folks is becoming a member of Dropbox.
“The Dropbox mission is to ‘design a more enlightened way of working’ – a goal we’ve shared since Reclaim began in 2019. By joining forces, we get to support that mission and help millions make time for what matters, as well as explore new ways AI can help improve the way we work,” Reclaim.ai additionally wrote within the put up.
Reclaim.ai has supported solely Google Calendar integration till now nevertheless it mentioned it plans to introduce assist for Outlook quickly.
Productivity firms have more and more aimed to combine calendar administration and scheduling instruments with their options. Earlier this 12 months, Tiger Global and a16z-backed productiveness platform ClickUp acquired calendar startup Hypercal, with plans to roll out scheduling options. While, in January, Notion launched its new calendar product, primarily based on Cron, which it acquired again in 2022.
Earlier this month, Dropbox launched its Q2 2024 outcomes, reporting $634.5 million in income, up 1.9% 12 months on 12 months, and 18.22 million paying customers, up from 18.04 million final 12 months.
