Scribe hits $1.3B valuation as it moves to show where AI will actually pay off | TechCrunch
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Scribe hits $1.3B valuation as it moves to show where AI will actually pay off | TechCrunch
"Without really knowing how work is done, it is really hard to know where to improve it, where to automate it, where agents can help."
"Scribe Optimize is all about answering that question. Very simply, it mines across workflows for what people are doing when they're at work, and then it abstracts those up into being able to show you in a single pane of glass, here are the actual workflows that are being done. Here's how often, how long it takes, etc."
Scribe raised $75 million in an all-equity Series C round at a $1.3 billion post-money valuation, led by StepStone with participation from existing investors. The company plans to accelerate rollout of Scribe Optimize, a platform that maps workflows across enterprises to reveal where automation and AI will deliver returns. Traditional approaches such as interviews, workshops, and consultants often take months and miss day-to-day work. Scribe Optimize mines actual workflows, abstracts them into a unified view, and shows frequency and duration. Scribe was founded in 2019 and its flagship product, Scribe Capture, documents how work is done.
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