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Goodnotes acquires a AI-powered video summary startup as it looks beyond education


Goodnotes is acquiring South Korean startup Dropthebit, which makes a meeting and video summary tool called Traw.

Goodnotes, which has over 24 million monthly active users, has focused on providing a digital notebook-like solution for students over the years — starting with an iPad app in 2011. Chan said Traw’s feature such as analyzing videos and putting them into an Excel sheet could be useful for professional segments such as investors and market researchers as the company looks to move beyond the education sector. Separately, we are also building LLM (Large Language Model)–based features so users can ask questions about the notes or meetings,” Chan said.

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