Cluely has achieved $7 million in annual recurring revenue after launching its new enterprise product. The company offers AI-driven tools that analyze online conversations, providing users with real-time notes, context, and suggested questions. Despite its controversial origins, Cluely is gaining traction among both consumers and businesses. It has attracted significant venture capital and has switched its marketing to a more subdued tone. The enterprise product includes extra features for team management and security, catering to sales calls, customer support, and tutoring.
Cluely's revenue has skyrocketed to about $7 million in ARR since it launched its new enterprise product a week ago, founder Roy Lee told TechCrunch. "Every single person who has a meeting or an interview is testing this out."
Cluely, one of Silicon Valley's most-talked-about startups, offers products that use AI to analyze online conversations, deliver real-time notes, context, and suggest questions to ask.
Lee turned around and created a product and startup out of the tech, originally using the marketing tagline that it helps you "cheat on everything." Now that it is backed by big-league VCs like Andreessen Horowitz, Abstract Ventures and Susa Ventures it has toned down its marketing to "Everything you Need. Before you ask. ... This feels like cheating."
The enterprise version of the product is similar to the consumer offering, but it comes with some extra features such as team management and additional security settings, Lee said.
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