Krista Software Inc., a Dallas, Texas-based provider of the AI-led Intelligent Automation platform, announced that it raised $15 million in funding. The round was led by Grotech Ventures. Other investors participating in the round include Rally Ventures and iGrafx.
The capital infusion will help Krista to continue to expand partnerships and strengthen its position for intelligent automation.
Krista Software will use the capital from this investment round to:
- Accelerate business on all fronts and continue exponential growth in 2022.
- Enhance its robust worldwide sales engine and expand partnerships in strategic geographic regions and new vertical segments.
- Grow its engineering team to fuel research and development for its AI-led intelligent automation platform.
Company: Krista Software Inc.
Raised: $15.0M
Round: unknown
Funding Month: February 2022
Lead Investors: Grotech Ventures
Additional Investors: Rally Ventures and iGrafx
Company Website: https://kristasoft.com/
Software Category: AI-led intelligent automation platform
About the Company: Krista Software develops the AI-led intelligent automation platform, Krista. Krista enables companies to automate complete business processes by elegantly orchestrating people, apps, and AI. Krista uses natural language processing and machine learning to personify legacy systems allowing people to “Ask Krista” for a business outcome. Krista Software is in an unrelenting pursuit to help businesses find the right answers. Krista Software produces Krista, a modern intelligent automation platform. Krista empowers enterprises to leverage existing IT assets by building low-cost automation applications.
Source: https://www.businesswire.com/news/home/20220201005039/en/Krista-Software-Raises-15-Million-to-Strengthen-its-AI-led-Intelligent-Automation-Platform