Cordless, a London, UK-based AI startup that provides modern telephony software with conversation intelligence, raised $2.3 million in seed funding.
The round was led by Fly Ventures, with participation from Passion Capital, TrueSight, and Renaud Visage, co-founder of Eventbrite.
The funds will be used to accelerate customer acquisition and product development, and deepen integrations in the customer support ecosystem.
“Calls with customers is the richest source of feedback and an opportunity to build a relationship, but the voice is a hard medium to analyze," says Luba Chudnovets, co-founder and CEO at Cordless. “We spoke to 100+ customer support leaders, and most managers listen to at most 10 calls per week. This means companies are losing valuable information about how they can improve their service and product."
Cordless provides an all-in-one solution for customer support teams to talk to customers over the phone and gather deep insights from the conversations
With the transcriptions out of the box, sentiment analysis, auto-tagging of conversations, and deep integrations with the most popular CRMs, Cordless allows customer support managers to QA better, identify opportunities for training, spot trends in customer queries, and communicate with the broader team.
Company: Supportal Technologies Limited
Raised: $2.3
Round: Seed Round
Funding Month: February 2023
Lead Investors: Fly Ventures
Additional Investors: Passion Capital, TrueSight, and Renaud Visage
Company Website: https://cordless.io/
Software Category: Call Center Software
About the Company: Founded in 2020 by Luba Chudnovets and Irina Bednova, Cordless is a modern cloud-based call center for customer support teams, with built-in conversational intelligence. The company's platform transcribes customer calls, makes voice content searchable, and provides in-depth call insights which simplify quality assurance and the product feedback process, enabling businesses to have enterprise-level control over their operations with a simple modern UI. Cordless helps managers identify areas for agent improvement and new trends in customer questions. Currently, Cordless works with companies like Curve, Plend, Second Nature, and Fronted.
Source: https://techfundingnews.com/ex-monzo-execs-founded-conversation-ai-startup-rakes-in-2-3m/