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# Otter.ai takes $320M in non-dilutive growth financing from General Catalyst
- URL: https://www.enterprisey.com/otter-ai-takes-320m-in-non-dilutive-growth-financing-from-general-catalyst/
- Published: 2026-10-20T15:43:00.000Z
- Updated: 2026-10-26T01:29:23.000Z
- Description: The AI meeting notetaker raised the money from General Catalyst's Customer Value Fund, which is repaid from the revenue its sales and marketing spending brings in, not exchanged for equity. Otter will use it to expand its enterprise business.
- Author: Enterprisey Admin
- Tags: News, Funding

The AI meeting notetaker raised the money from General Catalyst's Customer Value Fund, which is repaid from the revenue its sales and marketing spending brings in, not exchanged for equity. Otter will use it to expand its enterprise business. ([Otter.ai via Business Wire](https://www.businesswire.com/news/home/20261020026393/en/General-Catalyst-Backs-Otter.ais-Voice-AI-Ambitions-with-$320M-Growth-Investment?ref=enterprisey.com); [TechCrunch](https://techcrunch.com/2026/10/20/otter-ai-raises-320-million-from-general-catalysts-growth-fund-for-its-meeting-tool/?ref=enterprisey.com))