Granola, the AI note-taking app, has announced a $125m funding round, elevating its valuation to $1.5bn, hitting unicorn status.

Funding Details

The funding round was led by Index Ventures, with participation from Kleiner Perkins with existing investors Lightspeed, Spark and Nat Friedman and Daniel Gross. The latest funding round increases Granola's valuation from $250m in its $43m funding round announced in May last year.

Granola's Growth

Granola, which launched in 2023, has raised around $192m in total. The app is used by companies such as Vanta and Gusto, as well as startups such as Cursor, Lovable, and Mistral AI. It is also very popular with VCs.

New Features

Chris Pedregal, co-founder and chief executive of Granola, said that companies are turning to Granola not only to capture their notes, but also to capture their context. The startup also announced some new features including a public and enterprise API.