Otter.ai Closes $320M Growth Financing From General Catalyst’s CVF

Otter.ai, maker of an AI notetaker and conversational knowledge platform, announced the closing of $320 million in growth financing from General Catalyst’s Customer Value Fund (CVF) on October 20, 2026. The company said the new capital will accelerate the next phase of its enterprise growth, go-to-market strategy, international expansion, and product innovation. Otter framed the financing around its stated ambition to become the definitive knowledge layer for enterprises, where every conversation is captured, connected, and turned into action, and its mission to become the voice system of record for all enterprises.

The company said the platform lets teams prepare with better context, make faster decisions, and act on discussions after meetings end. “This financing from General Catalyst is a powerful vote of confidence in what we’re building at Otter, and we’re excited for the next phase of growth it will drive,” said Sam Liang, Otter.ai’s co-founder and CEO. “This will fuel our next chapter, enabling us to build enterprise agentic workflows that bring more advanced, intelligent AI to teams everywhere and push toward a future where voice becomes the backbone…