Conversica Secures $25 Million in Series E  

by Kay Aloha Villamor in April 8th, 2022

Conversica, a Foster City, CA-based leading provider of Conversational AI solutions for enterprise revenue teams, announced the successful completion of a $25 million Series E financing with investment funds managed by Morgan Stanley Expansion Capital. 

Conversica will use the capital to support strategic business initiatives as it prepares for exponential growth.

Company: Conversica, Inc.

Raised: $25.0M

Round: Series E

Funding Month: April 2022

Lead Investors: Morgan Stanley Expansion Capital

Additional Investors: 

Company Website: https://www.conversica.com/

Software Category: Conversational AI solutions

About the Company: Conversica is a leading provider of Conversational AI solutions, uniquely focused on revenue growth. Conversica helps enterprise marketing, sales, and customer success teams attract, acquire and grow customers at scale across the entire customer revenue lifecycle. Conversica AI Assistants serve as digital team members and autonomously engage prospects, existing customers, or partners in human-like, two-way interactions at scale to drive towards the next best action, whether that’s scheduling a sales meeting, or gauging interest to buy additional products or services. Processing over a billion interactions, the Conversica Conversational AI platform integrates natural language processing (NLU & NLG), decision & policy management, business process automation, and deep learning capabilities to drive customer engagement across multiple digital communication channels and languages. The Conversica platform supports over 50 integrations into the most popular MAP and CRM platforms and offers an open API for custom integration.


Source: https://www.conversica.com/announces-the-completion-of-a-25-million-financing-with-morgan-stanley




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