Early AI startup Reclaim.ai acquired by Dropbox

When I think of AI startups in Portland, Reclaim.ai is often the first one to jump to mind. They were starting to think about the potential applications of AI in helping folks manage their schedules before many of us knew how to spell AI. And before that pandemic thing. And clearly, that thinking hasn’t gone unnoticed. Reclaim.ai has been acquired by Dropbox.

We didn’t start Reclaim with the goal of just building a better calendar. We started by asking this question: “Why is it so hard for teams to get the important work done — and why does it only get harder as the organization grows?”

As we talked to our earliest users and iterated on this question, we came to the conclusion that the opportunity here was to help people to get more intentional and intelligent about where they spent their time. Our goal became to take the only tool that we have to manage that resource — the calendar — and make it smarter.

Terms of the deal were not disclosed. Reclaim.ai had raised more than $13 million to date, according to Crunchbase.

For more information on what’s next, read “Reclaim is joining Dropbox (and a note from our founders).” Additional coverage by GeekWire, TechCrunch, and the Portland Business Journal.

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