Dropbox has acquired Reclaim.ai, an AI-powered scheduling tool, according to a blog post on Reclaim.ai’s website released on Tuesday. The financial terms of the acquisition have not been disclosed. 

Founded in 2019 by Henry Shapiro and Patrick Lightbody, Reclaim.ai offers an AI-driven solution designed to optimize time management, schedule meetings, manage tasks, build personal habits, and ensure regular breaks. The tool, which integrates with Google Calendar, provides features such as booking links and automatic scheduling based on user availability. Reclaim.ai competes with other scheduling solutions like Calendly, Clockwise, and Doodle. 

The startup, which has secured over $9.5 million in funding from investors including Calendly, Index Ventures, and several others, serves more than 43,000 companies and over 320,000 individuals worldwide. Reclaim.ai will continue to develop its product and maintain support for its existing users under Dropbox’s ownership. The company currently offers a free tier for individual users and team plans starting at $8 per person per month, with no immediate changes to its pricing structure. 

Reclaim.ai’s entire team of 22 will join Dropbox as part of the acquisition. In a video posted on X, the founders expressed enthusiasm about aligning with Dropbox’s mission to “design a more enlightened way of working,” and about leveraging AI to further enhance productivity. 

Reclaim.ai currently supports only Google Calendar but plans to add Outlook integration in the near future. 

This acquisition reflects a broader trend in the productivity sector, where companies are increasingly integrating calendar management and scheduling functionalities into their platforms. Notable recent developments include ClickUp’s acquisition of Hypercal and Notion’s launch of a new calendar product based on its 2022 acquisition of Cron. 

Earlier this month, Dropbox reported its Q2 2024 financial results, showing a 1.9% increase in revenue to $634.5 million and a rise in paying users to 18.22 million.