Plaud says its AI‑notetaking software now generates more than $100 M in annual recurring revenue, having shipped the product to over two million users.
The company hit the milestone after releasing a suite that records meetings, extracts key points, and drafts summaries using large language models. Plaud credits the growth to enterprise contracts signed in the past year and a 30 % YoY increase in paid seats. The ARR figure includes both subscription fees and usage‑based charges.
Crossing the $100 M mark matters because it moves Plaud into the upper tier of AI‑meeting tools, a space still dominated by larger players like Otter.ai and Fireflies. The revenue bump suggests customers are willing to pay for higher‑accuracy transcription and tighter integrations, a hurdle that has kept many niche entrants from scaling. Plaud’s user base also exceeds the 1 M + threshold that venture capitalists often cite as proof of market traction.
Even with the headline, Plaud remains one of many firms chasing the same workflow problem. Its next test will be whether it can retain growth as larger platforms bundle similar features into broader collaboration suites.