Scribe raised $75 million at a $1.3 billion valuation to fix how companies adopt AI. Read its pitch deck.

Scribe, a startup focused on enhancing workflow through documentation and AI integration, has successfully raised $75 million, achieving a valuation of $1.3 billion. This funding round, led by StepStone, saw participation from notable existing investors such as Amplify Partners, Redpoint Ventures, Tiger Global, Morado Ventures, and New York Life Ventures. Founded by CEO Jennifer Smith, a former consultant with Greylock and McKinsey, and CTO Aaron Podolny, Scribe has developed two key products. The first, Scribe Capture, is a browser extension and desktop application that records the workflows of expert employees, generating shareable documentation complete with screenshots and written instructions. This tool aims to standardize internal processes and preserve institutional knowledge in areas like onboarding and customer support. The second product, Scribe Optimize, offers companies an analysis of their workflows, identifying opportunities for improvement and AI adoption. With access to a database of 10 million workflows across 40,000 software applications, Scribe Optimize suggests automation potentials, emphasizing the importance of context and data in AI implementation. "AI can't improve what it can't see," Smith stated, highlighting the necessity of a comprehensive approach to integrating AI into business practices. Currently, Scribe employs 120 individuals and serves over 75,000 customers, including major corporations like New York Life, T-Mobile, and LinkedIn, with 44% of Fortune 500 companies utilizing its services. Smith noted that Scribe has maintained a high level of capital efficiency, having not utilized funds from its previous $25 million raise in 2024. The decision to secure additional funding this year was made to expedite the rollout of Scribe Optimize and to develop subsequent products. The company has also shared a glimpse of its pitch deck used during the Series C funding round, with certain slides redacted for public viewing.