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.
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.