# Otter.ai raises $320M growth round led by General Catalyst

> Otter.ai, based in United States, has raised $320M in a growth round led by General Catalyst and General Catalyst's Customer Value Fund (CVF), announced on...

Source: https://millionrounds.com/news/rounds/otter-ai-growth-round-2026-10 (Millionrounds; every figure on the page links to its filing or article)

Raised **$320M** 9 sources reported it

Stage **Growth** 1 earlier round on record

Investors **2** 2 named as lead

Where **US** United States

AI

## How big is it?

Against every equity round we recorded in the twelve months to 20 October 2026. Ranks count companies, so the same raise reported twice is counted once.

**#167** equity round of the last twelve months

**#63** growth round of 263 in that time

**#117** round in United States, of 1,235

This round **$320M**

Median growth round **$115M**

2.8 times the median growth round of the last twelve months.

## Who invested

- [**General Catalyst** 258 rounds in the last twelve months *Led*](https://millionrounds.com/fund/general-catalyst)
- [**General Catalyst's Customer Value Fund (CVF)** 5 rounds in the last twelve months *Led*](https://millionrounds.com/fund/general-catalyst-s-customer-value-fund-cvf)

## Funding history

- October 2026 Growth **$320M**
- February 2021 Series B **$40M**

$360M raised across the 2 rounds we hold.

## Reported by

- pulse2.com 20 October
- Silicon Angle 20 October
- techcrunch.com 20 October
- Tech Funding News 20 October
- AI Insider 20 October
- Ventureburn 20 October
- briefia.fr 20 October
- TechStartups 21 October
- Wowtale 22 October

The round's figures come from these reports; each link opens the original.

## Other big rounds that week

[**Kalshi** $1.0B Series G](https://millionrounds.com/news/rounds/kalshi-series-g-2026-10)[P **Pathos AI** $237M Series E](https://millionrounds.com/news/rounds/pathos-ai-series-e-2026-10)[W **Warhound** $200M Seed](https://millionrounds.com/news/rounds/warhound-seed-round-2026-10)[W **Warp Sciences** $215M Series A](https://millionrounds.com/news/rounds/warp-sciences-series-a-2026-10)[**Xona** $250M Series D](https://millionrounds.com/news/rounds/xona-series-d-2026-10)[**Tractian** $130M Series D](https://millionrounds.com/news/rounds/tractian-series-d-2026-10)

[The company **Otter.ai on Millionrounds** *→*](https://millionrounds.com/company/otter-ai)[Weekly roundup **Week of 19 October** *→*](https://millionrounds.com/news/weekly/2026-10-19)[Monthly roundup **October 2026** *→*](https://millionrounds.com/news/monthly/2026-10)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)