ConverseNow, an Austin, Texas-based voice artificial intelligence (AI) company that provides a channel-agnostic Voice AI solution for restaurants, raised $15 million in Series A funding, bringing ConverseNow's total raised to $18.3 million in venture capital financing to date.
The round was led by Craft Ventures. Additional investors, LiveOak Venture Partners, Tensility Venture Partners, and Knoll Ventures, participated in the round.
ConverseNow intends to invest in product development and expand 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, and self-service kiosks. The company’s software enables restaurants and fast food franchises to take orders autonomously via an AI-driven voice assistant. ConverseNow 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 across all the restaurants' ordering channels alike.
Source: https://www.builtinaustin.com/2021/07/29/conversenow-raises-15m-series-a-ordering-assistant