CHF 150K for AI-powered meeting assistant

Based in Zurich, Optiverse is on a mission to transform meetings into actionable insights and tasks. This solution impressed the Venture Kick jury and was awarded CHF 150,000 to accelerate market entry. The first customers are already using the solution.

In the current hybrid work environment, companies encounter considerable challenges in optimizing meetings. Employees spend a substantial amount of time gathering information, documenting conversations, and managing follow-up tasks manually—like updating CRM systems and writing emails—leading to decreased productivity and a heavier administrative load.

Incorporated in June 2024, Optiverse has developed an AI-powered platform that automates labor-intensive meeting tasks, including generating meeting minutes, automating post-meeting actions, and preserving knowledge in an easily accessible format. Its proprietary video summarization technology can extract essential highlights, providing users with a meeting intelligence platform, allowing employees to stay focused during meetings while administrative work is being handled. Optiverse Agent blends smoothly with Zoom, Teams, Meets and in-person recordings, and supports multi-languages, including Switzerland’s main languages, demonstrating its commitment to improving local business productivity.

Optiverse’s solution addresses a wide range of professional needs, including internal team management, executives, sales personnel, and marketing professionals across various sectors and company sizes. Notably, the Optiverse solution is already being utilized daily by 15 Swiss organizations, with current users reporting an average of 6.8 hours saved every week due to the platform’s capabilities.

Optiverse will use the additional CHF 150,000 from Venture Kick to expand its infrastructure and accelerate the deployment of its technology to more organizations. This support will boost its position as the AI market continues to grow. In 2024, the global AI market exceeded USD 184 billion and is projected to surpass USD 826 billion by 2030, growing at an annual rate of approximately 29%.

The founding team—consisting of CEO Elio Assaf, CTO Raphael Ausilio, and COO Mario Assaf—brings expertise in AI, software development, and business strategy to address information overload and enhance productivity. They represent a collaboration among researchers from leading Swiss institutions, including ETH Zurich, EPFL, HSG, and HEC Lausanne.

“Venture Kick’s support has been instrumental to our success by providing the necessary funding and exposure to kick our journey! It gave us the right momentum,” stated CEO Elio Assaf.

(Press release/RAN)
Image: CTO Raphael Ausilio, CEO Elio Assaf, and COO Mario Assaf