Dropbox buys AI scheduling tool Reclaim.ai

Dropbox has announced its acquisition of Reclaim.ai, an AI-driven scheduling tool that has garnered support from notable investors like Calendly and Index Ventures. The acquisition was disclosed in a blog post on Reclaim.ai’s website, where the company confirmed its commitment to continue product development and support for its existing user base. Founded in 2019 by Henry Shapiro and Patrick Lightbody, Reclaim.ai has attracted over 43,000 companies and 320,000 users globally, focusing on optimizing time management and scheduling. Reclaim.ai distinguishes itself in a competitive market that includes tools like Calendly, Clockwise, and Doodle, by leveraging AI to assist users in organizing meetings, tasks, and personal habits. The company has stated that it will maintain its current pricing structure for the time being. In a video shared on X, the founders expressed enthusiasm about joining Dropbox, aligning with the company's mission to create a more enlightened work environment. The integration of Reclaim.ai into Dropbox is expected to enhance the productivity platform's offerings, particularly as Reclaim.ai plans to expand its calendar integration capabilities beyond Google Calendar to include Outlook. This move reflects a broader trend in the productivity sector, where companies are increasingly merging calendar management with their services. Recent acquisitions in the productivity space, such as ClickUp's purchase of Hypercal and Notion's introduction of a new calendar product, highlight the growing importance of scheduling tools in enhancing workplace efficiency.