PolyAI Raises $14 Million in Series B

by Kay Aloha Villamor in September 9th, 2021

PolyAI, a London-based conversational AI startup, raised $14 million in a Series B round led by Silicon Valley's Khosla Ventures, with participation from previous investors Point72 Ventures, Amadeus Capital, Sands Capital Ventures, Passion Capital, and Entrepreneur First.

This follows their $12 million Series A and will provide resources for further U.S. expansion beyond its existing U.S. team. The startup has now raised $28 million to date.

Company: PolyAI Ltd.

Raised: $14.0M

Round: Series B

Funding Month: September 2021

Lead Investors: Silicon Valley's Khosla Ventures

Additional Investors: Point72 Ventures, Amadeus Capital, Sands Capital Ventures, Passion Capital, and Entrepreneur First

Company Website: https://www.polyai.com/

Software Category: Conversational > AI

About the Company: PolyAI is a London-based technology company with a state-of-the-art machine learning platform for creating conversational agents. The PolyAI platform empowers contact centers, allowing them to deliver the next generation of customer experience at a fraction of the cost paid by their competitors. PolyAI's conversational AI agents understand users and can hold conversations without getting confused. They are available 24/7 and can easily scale to support new use cases or to speak almost any world language.

Source: https://techcrunch.com/2021/09/08/ai-driven-voice-assistant-polyai-raises-14m-round-led-by-khosla-ventures/

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