Otter.ai raises $320 million from General Catalyst’s growth fund for its meeting tool
THE SO WHAT
A $320M non-dilutive growth facility tied to marketing performance shows how capital is evolving for AI SaaS—less equity, more revenue-backed experiments. If you’re in a similar category, expect investors to push for this kind of structure and be ready to prove you can efficiently convert ad dollars into durable ARR.
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