Ask-AI, a Tel-Aviv, Israel-based startup that developed an NLP-powered direct answer and insight surfacing platform, completed $9 million in Seed funding.
The round was led by Vertex Ventures and State of Mind Ventures, with participation from a series of private investors and VCs, including Web Summit, Simon Chan's of Firsthand Fund, GTMFund, Interplay Ventures, Geffen Capital, AGP, Guidestar, Ran Sarig and Efi Cohen (Founders of Datorama), Barak Goldstein and Yakir Daniel, and others.
Ask-AI platform allows managers and employees to receive answers and insights from all internal knowledge and customer communication sources.
"Companies today find themselves awash in information and data from many internal and external sources and a multitude of text-heavy communication channels," said Dr. Alon Talmor, founder and CEO of Ask-AI. "Employees spend extensive amounts of time searching for knowledge and summarizing and tagging customer communications. Our platform aims to mimic Google's success in making answers from the web directly available but in the corporate world."
The company currently operates in a SaaS model and counts Ownbackup, Yotpo, Armis, Coralogix, Claroty, WalkMe, and others as its customers and design partners.
Company: Ask AI Technologies Ltd
Round: Seed Round
Funding Month: October 2022
Lead Investors: Vertex Ventures and State of Mind Ventures
Additional Investors: Web Summit, Simon Chan's of Firsthand Fund, GTMFund, Interplay Ventures, Geffen Capital, AGP, Guidestar, Ran Sarig, Efi Cohen, Barak Goldstein, and Yakir Daniel
Company Website: https://www.ask-ai.com/
Software Category: NLP-powered direct answer and insight surfacing platform
About the Company: Founded in 2021 by Dr. Alon Talmor, Ask-AI uses breakthrough AI-NLP to aggregate text-heavy company knowledge & customer communications, surfacing pinpointed answers to your questions, and revealing product insights that would otherwise be undiscoverable. Ask-AI aggregates text-heavy company knowledge & customer communications to reveal pinpointed answers and actionable insights. Ask's team also includes Prof. Jonathan Berant, who leads NLP research at Tel Aviv University; Dafna Lavran, former VP and Chief of Staff at Pioneer; and Eyal Medar, who has extensive experience as a VP of R&D in startups.