voicit, an automated meeting AI SaaS platform that automates and personalizes meeting summaries

voicit create detailed, customizable summaries of meetings, ensuring no essential detail is ever lost, all powered by AI technology.

In today’s edition of How to land in Venture Capital, I want to give you an investment memo, typically an analysis that a VC conducts on a startup to determine whether they should invest in a specific company or not.

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Today’s deep dive: voicit — Transcript and automate your meetings with AI

❌ Problem

Manual note-taking during meetings is inefficient, time-consuming, and prone to errors, leading to lost information and decreased productivity.

✅ Solution

Voicit automates the entire documentation process for meetings, providing precise and customizable summaries in minutes rather than hours.

The platform's AI understands what information is critical and generates accurate reports that can be easily shared and integrated with other business tools.

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Structure of this Post

1. Today’s company: overview of the company analyzed + one-pager

   Brief overview of the Investment Memo in simple terms.

2. European + Remote VC Job Openings

3. Investment Memo

   1. Team

   2. Market Opportunity & Size

   3. Problem

   4. Solution

   5. Customer and Business Model

   6. Competition

   7. Traction and/or Metrics

4. Would I invest?

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Today’s company: voicit

voicit is an AI-powered SaaS platform that automates and enhances the documentation of meetings, making it easy to create precise and customizable summaries that capture essential details.

🔎 Company name: voicit
📈 Stage: Early Growth
💵 Valuation: Undisclosed
✍️ Year Founded: 2022
👔 Employees/Founders: 2
📈 Business Status: early market adoption with over 200 companies onboard
📊 Milestones: finalists at Campus SeedRocket and Alhambra Venture, over 200 companies using the platform
📚 Other: strong founding team with expertise in AI and SaaS development, focusing on transforming how businesses manage meeting documentation through automation.

Please note that we also have Investment Memo’s of other companies on our website: table, Invopop, Genesy AI, Distinkt and Bioo.

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And remember, if you want to start doing your own investment memo’s, here you can find a post where I explain hosw I analyze startups.

How is it to work as a VC Investor without being at a VC firm? Analyzing Startups

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Investment Memo of voicit