🏆 Deal of the Week · CW 13/2026
Granola raised USD 125 million in a Series C round in March 2026, reaching a post-money valuation of USD 1.5 billion. The round was led by Danny Rimer at Index Ventures. The financing marks a significant milestone for the London-based AI meeting productivity company as it expands its platform beyond individual note-taking into broader enterprise use cases.
Granola — key deal facts
| Company | Granola |
| Founded | 2023 |
| Headquarters | London, United Kingdom |
| Amount raised | USD 125m |
| Valuation | USD 1.5b |
| Round | Series C |
| Investors | The round was led by Danny Rimer at Index Ventures, with participation from Mamoon Hamid at Kleiner Perkins |
| Sectors | AI, Artificial Intelligence, Enterprise Software |
Who invested in Granola?
The Series C was led by Danny Rimer at Index Ventures, with participation from Mamoon Hamid at Kleiner Perkins. The combination of Index Ventures and Kleiner Perkins represents two of the most active institutional investors in enterprise software and AI on both sides of the Atlantic. Their joint participation signals strong conviction in Granola's trajectory from a consumer-facing productivity tool to a scalable enterprise AI platform.
What does Granola do?
Granola is an AI-powered meeting notepad founded in 2023 by Chris Pedregal, who previously founded Socratic before its acquisition by Google. The company's core product transcribes and enhances meeting notes into structured, searchable summaries, operating as a background desktop application without joining calls as a bot. It also offers an iPhone app for capturing in-person conversations. Granola is headquartered in London, United Kingdom, and targets use cases across sales, hiring, and customer feedback workflows.
Granola valuation & multiples
Granola operates at the intersection of artificial intelligence and workplace productivity, positioning it within the enterprise software sector for valuation benchmarking purposes. Relevant European sector benchmarks as of Q4 2025 show valuation ranges of EV/EBITDA 16.83x–19.74x and EV/Sales 3.47x–3.76x, consistent with Granola's Series C stage and its AI-driven, software-as-a-service business model. Explore the full context behind these figures on the DealMatrix AI and Enterprise Software sector multiples pages.
Explore the benchmarks: Series C.
Frequently asked questions
How much did Granola raise in its Series C?
Granola raised USD 125 million in its Series C round in March 2026.
What is Granola's valuation?
Granola's post-money valuation following its Series C is USD 1.5 billion.
Who invested in Granola?
The round was led by Danny Rimer at Index Ventures, with participation from Mamoon Hamid at Kleiner Perkins.
When was Granola founded and where is it based?
Granola was founded in 2023 and is headquartered in London, United Kingdom.
Source: original announcement — read the full report.