Dropbox Acquires AI Task Scheduler Reclaim.ai to Boost Productivity and Work-Life Balance

August 20, 2024
Dropbox Acquires AI Task Scheduler Reclaim.ai to Boost Productivity and Work-Life Balance
  • This acquisition aligns with Dropbox's mission to enhance productivity and improve work-life balance through advanced scheduling tools.

  • Dropbox has announced its acquisition of Reclaim.ai, a Portland-based startup specializing in AI-driven task prioritization and scheduling.

  • Founded in 2019 by Henry Shapiro and Patrick Lightbody, Reclaim.ai will continue its product development and support for existing users under the Dropbox umbrella.

  • Reclaim.ai has experienced significant growth, now serving over 320,000 users across more than 43,000 companies, including notable clients like PagerDuty, Zapier, and GitHub.

  • Customers can expect no immediate changes to pricing or support, as Reclaim maintains its current offerings, which include a free tier for individuals and paid plans starting at $8 per person per month.

  • The Reclaim team has expressed gratitude to its users for their feedback, which has been crucial in shaping the development of their scheduling tool.

  • Currently integrated with Google Calendar, Reclaim plans to expand its capabilities by adding support for Microsoft Outlook and introducing features like Smart Meetings and an AI copilot called Reclaim Assistant.

  • The integration of generative AI is expected to enhance user experience by automating scheduling processes and improving overall efficiency.

  • The co-founders emphasized their commitment to continue developing the app with new features and updates, inspired by Dropbox CEO Drew Houston's vision for an improved calendar system.

  • While the financial terms of the acquisition have not been disclosed, all 22 employees of Reclaim.ai will join Dropbox as part of the deal.

  • This acquisition reflects a broader trend in the productivity sector, where calendar management and scheduling tools are increasingly being integrated and acquired.

  • Reclaim.ai has raised a total of $9.5 million from various investors, including notable names like Calendly and Index Ventures, to support its growth and development.

Summary based on 4 sources


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