ConverSight, an Indianapolis, IN-based unified decision intelligence solution provider, raised $9 million in Series A funding.
The round was led by Surface Ventures, with participation from Techstars, Augment Ventures, Elevate Ventures, and existing investors.
Surface Ventures is a venture capital firm that focuses on investments in early-stage vertical software and tech-enabled service companies. Surface Ventures serves clients in the United States.
ConverSight Use of Series A Funds
The company plans to use the new funding to fuel its go-to-market teams in addition to continuous product innovation and feature expansion.
Founded in 2017, ConverSight humanizes the interaction between computer systems and business users. The artificial intelligence and analytics-based platform uncover actionable business insights for enterprises through natural language conversations. ConverSight’s comprehensive platform empowers users to engage with systems using simple dialogue, enabling organizations to make informed and accurate decisions through Natural Language Conversational Interaction, generative AI, and its patented knowledge graph.
ConverSight has released major product updates, including a new user interface (UI), expansions to data science capabilities (including an AI workbench and marketplace), and GPT-powered modeling capabilities. The company has also obtained SOC 1 Type 1 and 2, as well as SOC 2 Type 1 and 2 certifications.
Company: Conversight.ai, Inc.
Round: Series A
Funding Month: August 2023
Lead Investors: Surface Ventures
Additional Investors: Techstars, Augment Ventures, Elevate Ventures
Company Website: https://conversight.ai/
Software Category: Unified Decision Intelligence Solution
Source: Cassandra Karnick- ConverSight, Director of Marketing