Overview
- The round includes a $20 million Series A led by EQT Ventures, with Index Ventures and angels such as Slack founder Stewart Butterfield participating.
- After 18 months in stealth as “M1,” the company reports more than 20,000 paying customers and about $4 million in annual recurring revenue with heavy daily engagement.
- The product answers calls, books appointments, sends confirmations, transcribes conversations for search, handles text messages, and offers optional voice cloning.
- Beside says it now handles millions of calls per month and rebuilt telephony infrastructure to manage number provisioning, regulatory compliance, and call routing.
- The company plans to use the capital for hiring, product development, deeper telephony work with a longer‑term goal of carrier‑level capabilities, and expansion into Europe.