Druid, a Bucharest, Romania-based end-to-end platform for building AI-driven conversational business applications, announced that it raised $15 million in Series A funding.
The round was led by Karma Ventures and Hoxton Ventures, joined by GapMinder, and four other investors from Germany, Switzerland, Poland, and Romania.
This new round will be used to fuel its international expansion by actively hiring new talents, to support its accelerated growth across Europe and North America.
Furthermore, DRUID will extend its technological leadership by adding new capabilities to its conversational AI offering and constantly evolving on the user experience promise.
Company: DRUID S.A
Raised: $15.0M
Round: Series A
Funding Month: May 2022
Lead Investors: Karma Ventures and Hoxton Ventures
Additional Investors: GapMinder, and four other investors from Germany, Switzerland, Poland, and Romania
Company Website: https://www.druidai.com/
Software Category: Conversational AI
About the Company: Founded in 2018 by Liviu Dragan, Druid has proved to be one of the most successful AI-focused startups in CEE. Druid provides a platform for building AI-driven conversational applications, designed to allow businesses to enhance the user experience for both customers and employees. Its intelligent virtual assistants enable fast, personalized, omnichannel, and automated interactions while speaking each organization’s language via open integrations with any existing enterprise systems and RPA technologies. The company has established an extensive 130+ partner network, most notably with UiPath, and services 100+ clients from around the world.
Source: https://www.druidai.com/chatbots-in-the-press/druid-ai-financing-round-15million-series-a