Granola Inc., the startup behind a popular note-taking app of the same name, has raised $125 million in funding to expand its workforce and feature set.

Index Ventures led the Series C investment. It was joined by Kleiner Perkins, Lightspeed, Spark and NFDG. Bloomberg reported that the investment follows a quarter in which Granola’s revenue grew by 250%.

Granola’s namesake note-taking app is available on Windows and iOS. It uses artificial intelligence to transcribe business discussions and generate meeting notes. Furthermore, it can enhance manually written meeting notes by polishing the text or adding in details the user missed. For example, Granola could round out a summary of a sales conversion by adding in more detailed information about the prospect’s requirements.

Workers can use a chat interface to search through meeting notes. A developer, for example, could request a list of the feature suggestions that were floating during a technical discussion. Frequently repeating requests can be turned into prompt templates called Recipes. Users can launch Recipes with a shortcut, which removes the need to manually type them on every occasion.

Granola’s chat interface doubles as a content creation tool. Users can ask it to turn information from meeting notes into assets such as presentations and product specifications.

The service is available in a free tier and two paid versions. The $14-per-month Business plan offers access to more advanced AI models and integrations with several popular cloud services. The top-end Enterprise subscription, which is priced at $35 per month, adds an expanded set of cybersecurity controls and priority customer support.

Granola announced its funding round today in conjunction with the introduction of several new features. The first addition, Team Spaces, enables workers to share meeting notes with one another via shared folders. Salespeople, for example, can compare notes from customer presentations to identify ways of honing their pitch.

The company is making it easier to share notes with not only other users but also third-party services. As part of today’s update, it’s rolling out two application programming interfaces that enable workers to sync data stored in its platform to external applications. A designer could send a note that contains website layout ideas to Cursor and have the programming tool automatically generate prototypes.

The third major addition is a new observability dashboard for administrators. A company’s information technology team can use it to track the number of employees who use the note-taking app, the amount of data they generate and other metrics.

Bloomberg reported that Granola plans to hire more people following the funding round. Additionally, the company is working on AI agent features that will use information in users’ notes to automate manual tasks. The capabilities are expected to launch within a year.

Image: Granola