WiseWorks AI, a London, UK-based communications intelligence platform, has secured a $1.2 million investment to build a one-stop solution for financial institutions to analyze surging virtual communications for compliance and automate everyday tasks.
The round was led by Veridian Ventures, with investment from funds including Silicon Valley-based R42, SyndicateRoom’s Super Angel fund, and Istcapital, joining initial investors Founders Factory.
The funding will be used to expand the team and accelerate product development.
Company: WiseWorks AI
Raised: $1.2M
Round: Unknown
Funding Month: July 2022
Lead Investors: Veridian Ventures
Additional Investors: R42, SyndicateRoom’s Super Angel fund, and Istcapital
Company Website: https://wiseworks.ai/
Software Category: AI-Communications Intelligence Platform
About the Company: Founded by Teoman Gonenc and Dwane van der Sluis, WiseWorks AI is a communications intelligence platform allowing financial institutions to extract critical insights from audio and video interactions. Wise is a comprehensive suite of AI tools that will give you full control over your teams' voice communications, whether remote or in the office.WiseWorks is backed by serial entrepreneur and AI veteran Dr. Ronjon Nag, founding father of R42, who has based and suggested speech recognition firms bought to Motorola, RIM/Blackberry, and Apple. WiseWorks is already gaining traction among many world’s largest banks, with trials with particular person customers at Tier 1 establishments. The corporate can also be making a product for customers going through comparable challenges.
Source: https://www.finextra.com/pressarticle/93237/wiseworks-ai-raises-12m