Open Vision Engineering raises $11 million from Accel, Y Combinator

The AI hardware company will use the funding to expand its design and engineering teams, develop new device formats and strengthen the Pocket product platform

Open Vision Engineering, an artificial intelligence (AI) hardware company building a device called Pocket, said on Wednesday it has raised $11 million in a funding round led by Accel and Y Combinator.

 

Other investors include Guillermo Rauch, founder and chief executive officer (CEO) of Vercel; Mati Staniszewski, cofounder of ElevenLabs; and Kaz Nejatian, CEO of Opendoor and former chief operating officer of Shopify.

 

The company will use the fresh capital to expand its design and engineering team, develop hardware form factors, and further enhance the Pocket platform.

 

Pocket is an AI-powered device that captures and organises important conversations. It automatically turns meetings, calls, and discussions into summaries, notes, follow-up email drafts, and action items.

 

According to the company, Pocket officially launched in October 2025, shipping more than 10,000 devices on launch day. Since then, it has seen strong adoption among general and enterprise customers, including DoorDash, while recording month-on-month growth of more than 50 per cent in several months.

 

Pocket gained early traction after a concept video released in late 2024 generated thousands of pre-orders and became the most-watched product launch from the Y Combinator Winter 2026 cohort. By March 2026, the company had reached an annualised revenue run rate of $27 million and shipped more than 35,000 devices globally.

 

Commenting on the development, Akshay Narisetti, cofounder and CEO of Pocket said, “We see tremendous potential for Pocket to empower professionals and organisations to work more efficiently, collaborate more effectively, and unlock greater productivity. India remains a strategic market for us, and we are actively exploring partnerships with enterprises across the country. This reflects our long-term commitment to supporting India's growing innovation ecosystem and contributing to its digital transformation journey.

 

“Cecilia Wang, Partner at Accel, said, “Pocket is helping define a new category of AI-native devices. The team has combined exceptional product vision with impressive execution, building something people love and use every day. We’re looking forward to supporting the team as they scale, reach millions more users, and help shape the future of AI hardware.”