
Austin-based company ConverseNow raised $15 Million in a Series A round led by Craft Ventures. Additional investors LiveOak Venture Partners, Tensility Venture Partners, and Knoll Ventures participated in the round.
Following the latest raise, ConverseNow plans to invest in product development and hire for its team.
Company: ConverseNow Technologies Inc.
Raised: $15.0M
Round: Series A
Funding Month: July 2021
Lead Investors: Craft Ventures
Additional Investor: LiveOak Venture Partners, Tensility Venture Partners, and Knoll Ventures
Company Website: http://www.conversenow.ai/
Software Category: Voice Artificial Intelligence (AI)
About the Company: ConverseNow is a Voice Artificial Intelligence (AI) company based in Austin TX automating, and personalizing restaurant orders on high volume voice channels e.g. phone, drive-thru, voice assistants, self-service kiosks. The context-aware AI – Human hybrid technology takes orders autonomously in a human-like manner. AI uses anonymized abstracted machine intelligence to predict customer ordering behavior and offers highly relevant and personalized recommendations to drive upsell. ConverseNow is the only company that provides a channel-agnostic Voice AI solution by design that works all the restaurants ordering channels alike.
Source: https://www.builtinaustin.com/2021/07/29/conversenow-raises-15m-series-a-ordering-assistant