Scribe, a workflow software startup that helps businesses document internal processes and implement AI, has raised $75 million at a valuation of $1.3 billion, the company announced.
StepStone led Scribe’s Series C round, with participation from existing investors including Amplify partners, Redpoint Companies, World TigerMorado Ventures and New York Life Ventures.
CEO Jennifer Smith – a former Greylock and McKinsey consultant – and CTO Aaron Podolny co-founded the company, which now offers two major products.
Scribe Capture records how expert employees complete workflows through a browser extension or desktop app, then generates shareable documentation. This includes screenshots and written instructions to help standardize processes and “institutional know-how” like onboarding, customer support and training, Smith said.
Its latest product is Scribe Optimize, which analyzes workflows within a company to show executives areas for improvement and ways to adopt AI. It also draws on a database of 10 million workflows across 40,000 software applications that Scribe has already documented to suggest areas for automation.
“AI can’t improve what it can’t see,” Smith said. “You can’t just sprinkle AI into your business and hope it will magically improve everything. The missing ingredient is context and data.”
Scribe has 120 employees and more than 75,000 customers, including New York Life, T-Mobile and LinkedIn, and 44% of Fortune 500 companies pay for the service, the company said.
Smith said Scribe has been “exceptionally capital efficient,” having spent none of the funding from its last $25 million round in 2024. The team chose to raise this year to accelerate the Optimize rollout and build follow-on products, she said.
Here’s a look at the pitch deck Scribe used to raise its $75 million Series C funding round. Some slides have been redacted and removed so the presentation can be shared publicly.