Granola Raises $125M Series C at $1.5B Valuation to Turn Meetings into Structured Data

Every company runs on conversations, but very few know how to keep them. One meeting sparks the idea, the next one reshapes it, and by the third, the original thread is already slipping through the cracks. Not because teams aren’t sharp, but because memory doesn’t scale the way ambition does. Granola just walked into that gap with a $125 million Series C and said, “we’ll take that.”

London-based Granola, built by Chris Pedregal and Sam Stephenson, isn’t trying to be louder in meetings. It’s making sure the signal survives after everyone logs off. No bots parachuting into calls, no awkward “this meeting is being recorded” energy. Just local transcription, layered with intelligence that turns scattered thoughts into something you can actually use. Subtle move. Big implications.

Danny Rimer at Index Ventures led the round, with Mamoon Hamid at Kleiner Perkins in the mix, plus returning firepower from Michael Mignano at Lightspeed Venture Partners, Nabeel Hyatt at Spark Capital, and NFDG. That’s not tourist capital. That’s conviction capital. The kind that doesn’t chase trends, it corners them.

A $1.5 billion valuation lands differently when you realize Granola was founded in March 2023. That’s not a long runway, that’s a sprint with perfect stride. Revenue up 2.5x since early 2026. Valuation up 6x in under a year. Between those numbers is a simple truth. They didn’t just build a tool. They built a habit.

The product choice is almost philosophical. Granola doesn’t replace your thinking, it sharpens it. You type notes like a human. It listens like a machine. Then it stitches the two together into something that feels like memory, but better. Searchable, structured, and ready when you need receipts.

Enterprise clients like Vanta, Gusto, Asana, and Mistral AI aren’t buying note-taking. They’re buying recall. They’re buying a version of their organization that doesn’t forget what was said, promised, or implied three meetings ago when the stakes were lower but the decisions still mattered.

The real play sits underneath all of this. APIs, MCP, integrations across tools like Slack, Notion, HubSpot. Granola isn’t just storing conversations. It’s turning them into a data layer. And once conversations become data, they stop being moments and start being infrastructure.