BECO Capital Invests in Wrappup, Marking its Tenth Investment

ArabNet Team, Sep 27 2016

BECO Capital has recently announced that it has invested in Wrappup, an app that aims to solve the challenges presented by inefficient meetings and improve productivity for teams. It uses intelligent voice recording to summarize meetings and make speech searchable.

During recording, users flag important moments instead of scribbling down notes. These moments can be tagged as actions or decisions, and participants can add quick notes for easy reference. Multiple team members can participate in the recording sessions and partake in the experience. Wrappup compiles these moments into a playable minutes-of-meeting, creating a highlight reel of the discussion, shared with teams on the cloud.

After the meeting, participants can play back their highlights, and quickly send out summaries. They can even search through the speech, as Wrappup pinpoints “keywords” to the exact moments where those words were spoken.

Rami Salman, founder and CEO, Wrappup, says: “The Wrappup platform has already been used in meeting rooms, classrooms, and even conferences. We are looking to deploy Wrappup as a platform fit for multiple purposes and scale to the various use cases by plugging into existing ecosystems such as Slack, Microsoft Office and Salesforce plugins for enterprise.”

BECO Capital’s investment marks its tenth in MENA. 500 Startups, Arzan VC, Dubai Silicon Oasis, Hala Fadel, Dubai Angel Investors, Odin Financial Advisors, and WOMENA are the other investors in this round.

Wrappup is currently launching their Private Beta Program, and accepting applications for teams or individuals who want early access.

See related articles:

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BECO Capital Invests $4M in JadoPado – First E-Commerce Venture

BECO Capital: 2019 Will See Mega-Exits Thanks to MENA VCs

BECO Capital: Supporting Arab Tech Startups Is a Win-Win






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