What is Airtime?
Video-at-work toolkit formerly known as mmhmm, built for recording, presenting, and showing up better on camera.
- Category
- Video communications
- Headquarters
- Bentonville, AR
- Founded
- 2020
- Employees
- About 33 after 2025 layoffs reported
- Total funding
- About $135.6M disclosed
- Valuation
- Not publicly disclosed
What is Airtime?
Airtime is the video communications company formerly known as mmhmm, founded by Evernote co-founder Phil Libin in 2020. It offers tools for video meetings, recording, presentation, camera presence, and brand-controlled on-camera communication.
Airtime began as mmhmm during the remote-work surge and later rebranded in April 2025 around a broader toolkit for video at work. The product helps teams record, present, share, and improve how they appear on camera across meeting and video workflows. Sequoia lists Airtime as a 2020 portfolio company and describes it as a better way to create clear, compelling video communications.
The company has been well-funded but reset its cost structure in 2025. Public reporting said Airtime laid off 25 people from a 58-person team, leaving a much leaner organization. It does not disclose current revenue, valuation, or full customer count, so scale is best inferred from funding, product availability, founder profile, and the reported headcount reset.
What does Airtime offer?
Airtime offers video tools for meetings, camera presence, recording, presenting, and sharing work video.
- Airtime Camera· Video presence
- Airtime Creator· Presentation
- Recording and sharing· Async video
- Brand-controlled camera setup· Enterprise video
- Meeting enhancement· Productivity
- Mac app / web app· Client software
How does Airtime make money?
Airtime appears to monetize through subscription software and team/enterprise video tooling; current public pricing was not consistently disclosed in the reviewed sources.
Under the mmhmm brand, Wired reported a premium option around $9.99 per month and plans for enterprise versions. Airtime's current public site emphasizes getting the app and launching the product rather than exposing a detailed enterprise price sheet in the reviewed snippets. This profile does not invent current plan names or prices.
The business model depends on converting individual video creators and teams into paid software customers, then expanding into company-wide brand and communication workflows. The 2025 rebrand and layoffs suggest a narrower, more disciplined product-led motion after the pandemic-era video boom cooled. Sellers should assume limited budgets but meaningful need for product analytics, video infrastructure, lifecycle marketing, and efficient cloud/media operations.
Who leads Airtime?
Airtime is led by co-founder and CEO Phil Libin, the former Evernote CEO and All Turtles founder.
- Phil LibinCo-founder and CEOSince 2020Former Evernote CEO and public founder of mmhmm/Airtime.
- Alda DennisCOOPublic startup database listingOperations leader listed in public Airtime profile data.
- Roelof BothaSequoia partnerPartnered in 2020Listed by Sequoia as Airtime partner.
How do you contact Airtime's leadership?
Airtime does not publish verified personal executive emails in the reviewed sources. Use the product site, support routes, or company social channels rather than inferred personal emails.
Public product/contact routes; personal executive email format not verifiedHow much funding has Airtime raised?
Airtime/mmhmm has disclosed about $135.6 million, including $4.6 million seed funding, a $31 million Sequoia-led round, and a reported $100 million SoftBank-led round.
Airtime's own funding post said the company had a $4.6 million seed round and then raised $31 million led by Sequoia, including $5 million for All Turtles and $5 million in venture debt from Silicon Valley Bank, for $35.6 million total at that time. Business Insider and other coverage later reported a $100 million round led by SoftBank Vision Fund. Together, those public disclosures support about $135.6 million of disclosed financing.
No valuation was found in the reviewed sources. The financing story should be read alongside the 2025 layoffs: Airtime had significant backing but had to reset after the video-meeting boom normalized. Sellers should qualify budgets carefully and prioritize products tied to retention, activation, media cost, and small-team productivity.
How did Airtime get here?
Airtime moved from pandemic-era mmhmm launch to major funding, rebrand, and a leaner 2025 reset.
- 2020Founded as mmhmmPhil Libin and team launch a video-presentation tool during remote-work acceleration.
- 2020$35.6M disclosedCompany discloses $4.6M seed plus $31M new funding led by Sequoia.
- 2021$100M roundSoftBank-led round reported for mmhmm.
- Apr 2025Rebrands as Airtimemmhmm becomes Airtime and launches updated video tools.
- Jun 2025LayoffsTechCrunch reports 25 layoffs from a 58-person team.
Who are Airtime's competitors?
Airtime competes with video-meeting, async-video, presentation, and creator-video tools.
- ZoomDefault enterprise video meetings platform with broad collaboration suite.
- LoomAsync video recording and sharing for work teams.
- DescriptVideo and audio editing platform for creators and teams.
- CanvaPresentation and visual communication suite with video features.
- Microsoft TeamsEnterprise collaboration platform bundled into Microsoft 365.
- mmhmm alternatives in Google Meet ecosystemNative meeting and recording workflows competing for everyday video use.
Airtime — frequently asked questions
