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Overview
Omi AI makes a wearable AI assistant called the Omi that acts as a personal helper and “second brain” by capturing and transcribing conversations, taking notes, and organizing tasks. It works via a wearable device with a companion app on iOS and Android and supports third-party apps through open-source software. It differentiates itself through openness and a focus on emotional support in a wearable, beyond typical closed AI assistants. Its goal is to help users stay organized and productive with practical tools and emotional support, while growing an app ecosystem around an open AI platform.
About Omi AI
Industries
Hardware
Consumer Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Seed
Total Funding
$3.7M
Headquarters
San Francisco, California
Founded
2024
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Simplify's Take
What believers are saying
- Omi reportedly raised $3 million in July 2026 from Tim Draper and Dropbox Ventures.
- Omi says it shipped 25,000-plus devices and expanded into India in 2026.
- Firmware now lasts three days, and Unlimited users can place transcribed phone calls.
What critics are saying
- Always-on recording fuels consent backlash; one privacy scandal kills consumer adoption fast.
- Plaud, Limitless, and Apple target the same workflow with bigger distribution.
- If app monetization stalls, Omi becomes commodity hardware with brutal margins.
What makes Omi AI unique
- Open-source Omi pairs $89 hardware with an app store of hundreds of tools.
- Omi stores transcripts, summaries, tasks, and memories across phone, desktop, and wearables.
- Omi supports API, MCP, local storage, and cloud controls for developers.
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Funding
Total Funding
$3.7M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Remote Work Options
Company Equity
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↓ -20%2 year growth
↓ -4%BRS working president KT Rama Rao congratulated Aarav Garg, the Hyderabad-based co-founder of AI startup Omi, which has raised $3 million and sold over...
Omi AI, a wearable AI assistant founded by entrepreneur Nik Shevchenko, has raised venture capital to build an ambient intelligence device that continuously listens to conversations and generates productivity insights without manual input. The compact wearable captures audio and processes it through cloud-based AI to produce meeting summaries, memory recall, task tracking and contextual insights. Unlike traditional voice assistants, Omi operates passively without wake words or commands, building a contextual memory layer over time. The device is expected to cost between ₹15,000 and ₹25,000 in India, though official localised pricing has not been announced. Availability remains limited to online purchases and early-access programmes. Whilst praised for its hands-free productivity features, the device faces privacy concerns due to continuous listening and requires cloud connectivity to function.
In brief The OmiGPT is a wearable AI device that's powered by ChatGPT.Priced at $89, the lightweight device can be worn on your wrist or as a necklace.Other, pricier AI wearable devices have been met with poor sales and rough reviews.Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEWhile some companies have pursued pricey, high-concept visions of always-on AI wearables, one San Francisco startup is betting on a more affordable alternative: an $89 wearable called OmiGPT.OmiGPT is an open-source wireless wearable about the size of a silver dollar. Made of lightweight aluminum, it features 64GB of storage, and connects to OpenAI’s ChatGPT via an API. The device can be worn on the wrist or as a necklace.Though compact, it offers users a persistent link to ChatGPT—processing conversations and data when online, and saving information locally when offline. OmiGPT says the device is context-aware, meaning it uses sensors and AI to interpret a user’s environment, interactions, and questions, and responds accordingly.The Omi AI wearable device. Image: OmiThe road to a breakout AI device has been littered with missteps—from the glitchy Humane AI Pin to the underwhelming launch of Rabbit’s R1
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About Omi AI
Industries
Hardware
Consumer Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Seed
Total Funding
$3.7M
Headquarters
San Francisco, California
Founded
2024
Omi AI is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today