Dropbox has acquired the AI-powered scheduling tool Reclaim.ai, a move that underscores its commitment to enhancing productivity solutions. The terms of the acquisition have not been disclosed. Reclaim.ai, which was founded in 2019 by Henry Shapiro and Patrick Lightbody, has been backed by a notable roster of investors including Calendly, Index Ventures, and Character.vc. According to a blog post on Reclaim.ai’s website, the company plans to maintain its product development and continue supporting its existing user base, which spans over 43,000 companies and 320,000 individuals globally. The startup had previously secured over $9.5 million in funding from a range of investors including Flying Fish, Gradient Ventures, Operator Partners, and Yummy Ventures, alongside individual contributions from Grafana CEO Raj Dutt and former GitHub CTO Jason Warner. Reclaim.ai's product leverages artificial intelligence to optimize scheduling, helping users manage their time more effectively, find available meeting slots, and integrate personal habit-building and break-taking into their schedules. The tool integrates with Google Calendar and offers features such as booking links and automated scheduling to streamline meeting coordination. It competes with other scheduling solutions like Calendly, Clockwise, and Doodle. Reclaim.ai currently offers a basic free tier for individual users, with paid plans for small teams starting at $8 per person per month. The company has confirmed that its pricing structure will remain unchanged for the time being. The entire team of 22 employees will be joining Dropbox as part of the acquisition. In a statement, Reclaim.ai's founders emphasized that their mission aligns with Dropbox’s goal of "designing a more enlightened way of working." They expressed enthusiasm about combining forces to advance this mission and explore new AI-driven approaches to improving workplace efficiency. The acquisition aligns with Dropbox's broader strategy to enhance its suite of productivity tools and integrate advanced AI capabilities into its offerings.
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