Fundraising Fox

mmhmm

10 known investors

Airtime (formerly mmhmm) makes video communication tools for professionals working live and asynchronously, including a camera, recorder, creator, and stacks. Its toolkit targets distributed teams, online education, the creator economy, and enterprise sales for making and sharing work videos.

Also known as Airtime · mmhmm Inc.

Investors · 10

Also in the syndicate · 1

SoftBank’s Vision Fund

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Airtime, previously known as mmhmm, develops software tools for people who work over video. The product began as a virtual camera and presentation layer that sits between a user's webcam and existing meeting services such as Zoom, Google Meet, Microsoft Teams and Webex, placing the presenter on screen alongside slides and other content in a format closer to a television broadcast than a conventional screenshare. Users can import existing .ppt, .key or .pdf decks, add images, video and audio, resize and position elements including their own video image, and use custom backdrops; a copilot mode lets an assistant manage the on-screen elements or co-present. The software can also be used to record video for later playback and for interactive recordings that an audience can consume either as a video or as a deck.

In April 2025 the company rebranded from mmhmm to Airtime and reorganized its functionality into separate tools rather than a single application. Airtime Camera is a virtual camera for looking polished on live calls, with custom looks, environment and appearance controls, branding and logo overlays, background tinting, and in-the-moment reactions using GIFs and visuals. Airtime Creator is the direct successor to the original mmhmm app and retains its features, supporting presentations where the speaker appears within the slides, sectioned recording with quick edits, and up to 10 people on screen at once. The company's site also describes a quick-recording tool supporting desktop and web screen recordings of up to one hour in high definition, and Stacks, a live meeting collaboration tool positioned as an alternative to screensharing, which gathers materials of almost any media type into a document that persists after a call and shows real-time presence of attendees.

The desktop app runs on Mac and Windows (Windows 10 or 11), with a browser-based version and a mobile app; an integration is listed in the Cisco Webex App Hub under the mmhmm Inc. developer name. The company was founded by Phil Libin, founding CEO of Evernote, and emerged from All Turtles, the AI product studio Libin co-founded in 2017.

Founding story

mmhmm was founded in May 2020 by Phil Libin, the founding CEO of Evernote, as an offshoot of All Turtles, the AI product studio Libin co-founded in 2017. Libin has described the project as starting informally, out of an effort to make the team's own experience on video calls more bearable during the shift to remote work, before it developed into a standalone startup.

Business model

Airtime sells its software directly to individual users and teams on a subscription basis, with free trials and a lower-priced or feature-limited free tier historically offered alongside the paid product. Following the 2025 rebrand, the full toolkit is sold as a subscription while the Camera tool is also available as a standalone one-time purchase. The company has also distributed the product through meeting-platform marketplaces such as the Cisco Webex App Hub and offered free education licenses to students and teachers.

Subscription pricing for the full toolkit was $10 per month billed annually or $12 month-to-month at the time of the Airtime launch, with a 14-day free trial and no credit card required at signup. Airtime Camera was made free until August 1, 2025, after which it was to be sold as a standalone app for a one-time fee of $20. Earlier mmhmm pricing was described as roughly $10 per month or $100 per year, with a free/basic tier limiting premium features to 60 minutes a day.

Traction

Publicly disclosed traction is limited. The company reported that hundreds of educators said the product helped create virtual classrooms, prompting a one-year free premium offer to students and teachers, and it had a growing user base on Mac with a Windows version in closed beta as of early 2021. Its website features customer testimonials from users including the CEO of Metaplane and independent creators and trainers.

Latest developments

On April 24, 2025, the company rebranded from mmhmm to Airtime and launched Airtime Camera and Airtime Creator, splitting the original app into separate tools while preserving existing subscriptions and pricing. Airtime Camera was made free to use until August 1, 2025, after which it became a $20 one-time purchase, while the full toolkit remained a subscription. The company has also announced a public API.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

The company operates as a layer on top of established video conferencing platforms rather than as a meeting service itself, positioning its tools as a way to improve presentation quality and on-camera presence in Zoom, Microsoft Teams, Google Meet and Webex calls. Press coverage has noted the risk that its capabilities could be characterized as a feature rather than a standalone product, given its dependence on host meeting platforms.

Rather than offering a single general-purpose application, the company packages specialized tools for distinct goals — live meeting appearance, quick recordings, slide-based presentations and collaborative material review — that interoperate with whichever conferencing service the user already runs. Its presentation approach places the speaker inside the slides so the audience focuses on the presenter, and its interactive recordings can be consumed either as a video or as a deck.

Technology

The product functions as a virtual camera and video mixer that outputs into third-party conferencing applications, with automatic background removal, presenter effects, custom backgrounds and branding, gesture recognition that highlights responses such as thumbs-up in gallery view, and slide import from PowerPoint, Keynote and PDF. It supports live presenting, sectioned recording with editing, high-definition recordings up to one hour, and a Stacks format that imports mixed media into a persistent shared document with real-time attendee presence. The company has announced a public API.

Go-to-market

Distribution is primarily direct, via downloadable Mac and Windows applications, a web app and a mobile app, with self-serve free trials converting to paid subscriptions. The company supplements this with listings in partner marketplaces such as the Cisco Webex App Hub, a sales contact channel for demos, education programs offering a year of free premium access to verified students and teachers, and customer video content featured on its website.

Airtime markets to founders making pitches and company updates, educators building video courses, sales teams delivering demos and customer calls, and distributed or remote teams. Its stated use cases also span online education and training, the creator economy, and enterprise sales. The company has separately offered free premium access to students and educators.

Geography

The company describes itself as a distributed team building for distributed teams. Its software is used with globally available meeting platforms and was offered on Mac, Windows, web and mobile.

History

The company launched in 2020 during the pandemic-driven shift to video meetings, initially with a Mac application. By April 2021 the software was available on Mac and Windows, though not on iPad, and at that point had raised $35.6 million led by Sequoia Capital. In July 2021 it raised $100 million from SoftBank's Vision Fund, Sequoia Capital and others, bringing total funding to approximately $140 million, with plans reported to add a standalone experience and a mobile app. In April 2025 the company rebranded as Airtime and split its functionality into distinct tools, releasing Airtime Camera and Airtime Creator; existing mmhmm desktop users were migrated via an app update that changed the name and icon, and the virtual camera was renamed "Airtime" in meeting software settings.

Risks & controversies

TechCrunch coverage of the company's $100 million raise questioned whether its capabilities constitute a standalone product or a feature of existing video conferencing platforms, and noted uncertainty about demand as virtual meetings became less central after the pandemic. The product's reliance on third-party meeting services such as Zoom, Teams, Meet and Webex creates platform dependency, and educational users have reported that managing the software during a live session requires practice.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Airtime Camera standalone priceApr 2025$20
Free trial lengthApr 202514 days
Maximum presenters on screen simultaneouslyApr 202510 people
Maximum recording lengthJan 20251 hours
Subscription price (annual billing)Apr 2025$10
Subscription price (month-to-month)Apr 2025$12
Total funding raisedJul 2021$140M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Apr 2025
mmhmm rebrands as Airtime and launches Airtime Camera and Airtime Creator

The company adopted Airtime as its official brand and released two tools: Airtime Camera, a virtual camera for custom looks on Zoom, Teams, Meet and Webex calls, and Airtime Creator, the successor to the original mmhmm presentation and recording app. Existing desktop users received the new name, icon and both tools on next launch; the virtual camera was renamed Airtime.

source ↗

Jan 2025
mmhmm integration listed in Cisco Webex App Hub

An mmhmm integration, published by mmhmm Inc., is listed in the Webex App Hub meeting category; users need an active Webex Meetings account plus an mmhmm subscription, offered with a 30-day free trial.

source ↗

Jul 2021
mmhmm raises $100 million from SoftBank Vision Fund and Sequoia Capital

The company raised $100 million, first reported by Bloomberg, from SoftBank's Vision Fund, Sequoia Capital and others, bringing total capital raised to roughly $140 million. Reporting indicated plans for a standalone product and a mobile app.

$100M source ↗

Apr 2021
mmhmm available on Windows in addition to Mac

As of April 2021 the mmhmm application was available for both Mac and Windows; it was not available for iPad.

source ↗

Jan 2021
Free one-year premium licenses offered to students and educators

The company offered mmhmm Premium free of charge for one year to students and teachers who verified a school email address, citing feedback from educators about virtual classrooms.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does mmhmm do?
Airtime, formerly mmhmm, makes video tools that help professionals present, record and share work over video.
Who are mmhmm's investors?
mmhmm's investors include Cleo Capital, Scrum Ventures, Worklife Ventures, G Vision Capital, Human Capital, Mubadala Capital, Sequoia Capital, SoftBank Vision Fund and 1 more.