Wispr Flow prepares to launch a meeting notetaker

Dictation app Wispr Flow is preparing to launch a meeting notetaker, according to the tool’s updated Terms of Service. The company also emailed customers about the change to both its terms and its privacy policy to accommodate related features. The refreshed terms add sections on the use of meeting data and the notetaker, saying the notetaker will generate transcripts, summaries, actions, and insights:

For Notetaker, Input may also include Meeting Data, including meeting audio, participant information, meeting metadata, speaker labels, meeting transcripts, and other information processed in connection with a meeting. Output may include AI-generated meeting transcripts, summaries, action items, meeting insights, speaker attribution, and other meeting-related content.

With the launch, the startup would take on other meeting notetakers such as Granola, Fireflies, Read AI, Otter, and Fathom. Wispr Flow co-founder Tanay Kothari has previously talked about building an AI assistant in interviews, and a meeting notetaker would give the company additional context about its users, letting it automate more tasks beyond cleaning up spoken sentences. It isn’t clear whether Wispr Flow wants to build a Granola-style notetaker that relies on system audio and transcribes meetings without keeping a recording, or a full-fledged meeting recording tool.

To date, Wispr Flow has raised more than $81 million, with the company valued at $700 million at its last round. In May, Bloomberg reported that the company was in talks for a new round that would value it at $2 billion. Wispr Flow didn’t respond to a request for comment.

Why it matters

A notetaker would push Wispr Flow beyond cleaning up dictated text and into the center of users’ work conversations, giving it far more data to build features on — and setting up a direct fight with well-funded incumbents like Otter and Fireflies for a category investors already value highly, as reflected in the reported talks for a $2 billion valuation.