The Ukrainian startup Bluedot has raised $600,000 in investments with a valuation of $5 million

Bluedot is a Google Chrome extension based on AI for creating meeting notes in Google Meet. The startup's clients include The New York Times, Etsy, UserTesting, Salesforce, and others.

In late April of this year, Bluedot raised $600,000 in pre-seed funding from angel investors from Ukraine, England, Germany, France, and the USA. Accelerator OnDeck Ventures, Google for Startups, and Daniel Gross, former YC partner, also participated in the round. The funds will be used to strengthen marketing and expand the team.

Bluedot was fully launched eight months ago and now has over 1,000 paid users in the USA and Europe. The team consists of four members, three of whom are co-founders. Key advantages of the development include recording meetings without third-party participation or bots, storing all data locally on European servers, and providing transcripts in Ukrainian, Polish, Dutch, and other European languages.

"We are creating the most secure meeting recorder for the European market. With our extension, you can record a meeting, which will be later transcribed. Based on the transcript, meeting notes are created for various use cases, along with conversation analytics and recommendations," say the Bluedot team.

Members of the United Angels Network angel club also invested $80,000 in Bluedot.