Plaud says its software business topped $100M in ARR after shipping over 2M AI notetakers

There aren’t many success stories to refer to when it comes to AI hardware. Plaud , which makes AI-powered notetakers , is trying to become one by targeting professionals who take a lot of meetings. The company said it has sold more than 2 million of its devices, including Plaud Pins and credit-card-styled gadgets that stick on the back of the phone. It also said that its subscription business has reached over $100 million in annualized revenue run rate. Plaud pointed out that many AI companies often rely on digital documents and prompts typed from memories. Its argument is that its devices, which don’t have any screens, help people have conversations in real life and recall important points along with summaries and action items later. “Most AI companies have scaled through software behind a screen. We took a different path. The conversations that actually move things forward don’t happen on a keyboard. We built the interface for the post-screen world. And the market validated it,” said Nathan Xu, co-founder and CEO of Plaud. Last year, the company launched the $179 Plaud Pro, and this year, it added the new Plaud Pin S at a similar price . Besides hardware, the company has accelerated its software development, too. Earlier this year, it launched a desktop app that can take Granola-style notes via system audio for online meetings. Last month, it also introduced Plaud Teams with shared memory to target enterprises. …