a year ago
PolyAI Secures €46 Million to Enhance Conversational AI for Customer Service
PolyAI, a London-based AI startup specializing in conversational AI for customer service automation, has raised €46 million in a Series C funding round led by Hedosophia, NVentures (NVIDIA's venture capital arm), and Zendesk
The funding will be used to further optimize PolyAI's platform, which combines generative AI with a user experience designed for enterprise deployments
PolyAI's voice assistants are designed to understand and engage with individual voices, making them valuable for businesses across industries
The company currently serves close to 100 enterprise customers, including FedEx, PG&E, Caesars, Marriott, and Unicredit.
ProblemTechnology
"Businesses are struggling to provide efficient and personalized customer service, especially in high-volume call centers. Traditional methods are often slow, expensive, and frustrating for customers."
Solution
"PolyAI offers a conversational AI platform that automates customer service calls, providing a natural and engaging experience for customers. Their AI can handle a wide range of inquiries, from simple questions to complex issues, in multiple languages. This allows businesses to reduce costs, improve efficiency, and enhance customer satisfaction."