Lara AI, a Mexico-based startup that uses technology to help companies detect disgruntled or at-risk employees at an early stage of departure, raised $1.1 million in funding to help companies improve their employee experience.
The round was from Newtopia VC, 500 LatAm, FJ Labs, MrPink VC, Brazil Venture Capital, and several angel investors who also participated.
According to Guido Kuznicki, co-founder, and CEO of Lara AI: “Remote and hybrid work has made it more difficult for companies to maintain direct contact with their employees and, essentially, their experience in the organization: whether they are satisfied with their job, whether they are seriously considering a change of position, among others.”
Lara AI is now looking to consolidate its presence in Mexico and expand throughout Latin America.
Company: Lara AI
Funding Month: October 2022
Additional Investors: Newtopia VC, 500 LatAm, FJ Labs, MrPink VC, and Brazil Venture Capital
Company Website: https://meetlara.ai/
Software Category: AI-enabled Conversational Interface
About the Company: Lara AI is an AI-enabled conversational interface that has frequent conversations with employees, gathers insightful information to improve their experiences in real time, and builds a unique organizational culture. Lara AI also automates tasks such as answering frequently asked questions from employees, handling tickets and requests, and sending personalized communications to employees at key moments. Lara AI developed a conversational AI personal assistant for every employee. It can obtain real-time information to improve their experiences and build a unique organizational culture. Lara AI helps companies to boost productivity, automate tasks, and detect disengaged employees, by using an AI personal assistant.