Evabot, a San Francisco, CA-based startup that developed an AI-powered corporate gifting platform, announced that it raised $10.83 million in Series A funding.
The round was led by Comcast Ventures with participation from Alumni Ventures, Bloomberg Beta, Precursor Ventures, Forefront Venture Partners, and Silicon Valley Bank.
The proceeds will be used to scale Evabot’s operations, product development, and growth, as well as its investments in AI to build “fully automated” gifting experiences.
Company: EvaBot Inc.
Raised: $10.83M
Round: Series A
Funding Month: July 2022
Lead Investors: Comcast Ventures
Additional Investors: Alumni Ventures, Bloomberg Beta, Precursor Ventures, Forefront Venture Partners, and Silicon Valley Bank
Company Website: https://www.evabot.com/
Software Category: AI-powered corporate gifting platform
About the Company: Founded in 2017 by Rabi Gupta, Akshay Gupta, Satwick Saxena, and Ashish Kumar. EvaBot is a company that developed an artificial intelligence-powered platform that allows brands to give gifts to employees and customers. EvaBot is an emotionally intelligent gifting relationship solution that enables thoughtful companies to accelerate the key relationships that increase both growth and competitive advantage. Its vision is to set the standard for business relationships by using AI to personalize the physical and digital experience. The platform allows businesses to customize all types of gifts according to customer preferences, collect reviews from customers and employees, and organize referral promotions. The company employs 60 people across offices in San Francisco, Dallas, and cities in Canada and India.
Source: https://techcrunch.com/2022/07/28/evabot-secures-fresh-capital-to-inject-ai-into-corporate-gifting/