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About Scribe
Industries
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
201-500
Company Stage
Series B
Total Funding
$55M
Headquarters
San Francisco, California
Founded
2019
Overview
ScribeHow provides a platform for creating how-to guides and training documents using artificial intelligence. The platform automatically generates step-by-step guides for any web or desktop process, which helps businesses save time and resources by eliminating the need for manual documentation. It also features automatic redaction of sensitive information from screenshots to ensure compliance with data protection regulations. ScribeHow operates on a freemium model, offering a free version with the option to upgrade for more features, making it accessible to a wide range of customers, from small businesses to large corporations. The user-friendly interface has been recognized for simplifying the guide creation process, contributing to business growth and scalability.
Simplify's Take
What believers are saying
- Scribe's revenue grew 400% last year, indicating strong market demand.
- The rise of remote work increases demand for Scribe's asynchronous documentation capabilities.
- Scribe's integration with tools like Asana and Trello enhances its utility for project management.
What critics are saying
- Competition from Google and Microsoft could overshadow Scribe's AI offerings.
- Rapid revenue growth may lead to operational challenges if not managed properly.
- The freemium model poses financial risks if conversion rates to paid plans are low.
What makes Scribe unique
- Scribe uses AI to automate step-by-step guide creation, saving time and resources.
- The platform's automatic redaction feature ensures compliance with data protection regulations.
- Scribe's freemium model attracts a broad range of customers, from small to large businesses.
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Funding
Total Funding
$55M
Meets
Industry Average
Funded Over
3 Rounds
Tiger GlobalIndustry standards
Benefits
Health Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Parental Leave
Remote Work Options
Home Office Stipend
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -2%2 year growth
↑ 5%Scribe raises $25M Series B to automate internal knowledge capture.
Back in the 90s, the notion of knowledge management was born, the idea that there is corporate memory locked inside employees, who know the ins and outs of various systems. The problem was recording and updating that knowledge. Scribe, a San Francisco-based startup, has figured out a way to easily capture and document internal processes in an automated way.It’s an idea that is apparently resonating with customers with revenue up a whopping 400% last year, according to the company. That kind of growth will definitely get investor attention and the company announced a $25 million Series B today, certainly a healthy amount by today’s standards.CEO and co-founder Jennifer Smith said the idea behind the company is pretty simple. There are folks who know how to do stuff like entering leads into the CRM or signing up for a 401K. Some companies try to keep a Wiki or hold Zoom meetings to share knowledge, but they wanted to make it much easier.“You hit the record button, you do something, you hit stop recording, and then, boom, you automatically get this document generated with all these written instructions,” Smith told TechCrunch
DeFi, Crypto World, December 23rd, 2023, ChainwireWhere decentralized perpetual trades are more transparent and easy to use, in an ecosystem full of exciting featuresPicture a world where the traditional rules of the game don’t bind cryptocurrency trading. This is where perpetual decentralized exchanges (PDEXs) come into play, a relatively new kid on the block in the grand scheme of DeFi. The market is constantly changing, and perpetual DEXs have been a game-changer, growing their market cap beyond $2 billion. But it’s not been a walk in the park.Despite their innovative approach, these platforms have been nudging for space in a market heavily dominated by CEXs. It’s like David versus Goliath – with perpetual DEXs holding around 3% of the total trading volume, they’ve got their work cut out for them.The challenge isn’t just about size; it’s about technology too. Building a sandcastle with a teaspoon is difficult – that’s how perpetual DEXs have sometimes felt with their on-chain order books facing off against the sleeker, more streamlined CEXs
Scribe is also partnering with Dark Matter to produce an exclusive launch event featuring live performances.
The Scribe team has just released the June update for their visual step-by-step guide platform.
Scribe is Hiring for 19 Jobs on Simplify!
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About Scribe
Industries
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
201-500
Company Stage
Series B
Total Funding
$55M
Headquarters
San Francisco, California
Founded
2019
Scribe is Hiring for 19 Jobs on Simplify!
Find jobs on Simplify and start your career today