Recall: From Hacker News to $1.5M Investment

Deal News | Dec 03, 2024 | PR Newswire Cision Recall

Recall, an AI-powered company founded by Paul Richards in 2022 in Amsterdam, has raised $1.5 million in pre-seed funding. The funding round was led by Jason Calacanis with participation from Blockchain Founders Capital and Rocket Capital. Recall aims to transform how individuals and businesses manage their content using a knowledge graph that automatically organizes information. The journey to this funding began with a pivotal Hacker News post that secured initial investment from Splash Capital within hours. Recall's tools enhance learning through methods like active recall and spaced repetition. Richards, with a background in cybersecurity, developed the concept from frustration with existing tools. He later quit his job to fully commit to the project and brought on Igor Gligorević as CTO to drive development forward. The company has already gained recognition as the top startup in Calacanis' accelerator program and plans to continue expanding features on Product Hunt.

Sectors

  • Technology
  • Venture Capital

Geography

  • Netherlands – Recall is headquartered in Amsterdam, making the Netherlands a relevant geography.
  • United States – The company is registered as a Delaware C corp and Jason Calacanis, a prominent American venture capitalist, led the funding round.

Industry

  • Technology – Recall operates within the technology sector, focusing on AI-powered tools for content management and knowledge graphs.
  • Venture Capital – The article discusses funding from venture capitalists including Jason Calacanis, noteworthy in this sector.

Financials

  • $1.5M – Recall secured $1.5 million in pre-seed funding led by Jason Calacanis.

Participants

NameRoleTypeDescription
RecallTarget CompanyCompanyAn AI-powered platform for organizing and managing content efficiently.
Jason CalacanisLead InvestorPersonRenowned venture capitalist who led the $1.5M funding round for Recall.
Paul RichardsCEO & FounderPersonFounder of Recall, with a background in cybersecurity and knowledge graph technology.
Igor GligorevićCTOPersonChief Technology Officer at Recall, responsible for overseeing product development.
Splash CapitalInitial InvestorCompanyProvided the first investment in Recall shortly after a Hacker News post.
Blockchain Founders CapitalInvestorCompanyParticipated in Recall's $1.5M funding round.
Rocket CapitalInvestorCompanyParticipated in Recall's $1.5M funding round.
Sankari NairCOOPersonChief Operating Officer at Recall, with extensive startup experience.