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Data Center News > Blog > Investments > Parloa Raises $66M in Series B Funding
Investments

Parloa Raises $66M in Series B Funding

Last updated: April 25, 2024 12:40 pm
Published April 25, 2024
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Parloa, a Berlin, Germany-based firm which makes a speciality of AI-powered automation for customer support, raised $66M in Sequence B funding.

The spherical was led by Altimeter Capital, with participation from new and current traders EQT Ventures, Newion, Senovo, Mosaic Ventures and La Famiglia Progress.

The corporate intends to make use of the funds to additional innovate its AI-powered platform and product line-up and advance enlargement in new progress markets together with the US.

Based in 2018 by Malte Kosub and Stefan Oswald, Parloa gives an AI platform that empowers organizations throughout vital industries equivalent to Insurance coverage, e-commerce, utilities, and journey. The corporate allows these organizations to ship personalised, dynamic and humanlike experiences to their prospects – lowering countless wait instances for his or her finish prospects whereas automating busywork for his or her staff.

The platform gives these key options:

  • Intent recognition and routing: Fast recognition of why the client is asking and routinely routing them to the precise brokers after having authenticated them, if wanted
  • Sensible FAQs: AI routinely takes care of ceaselessly requested questions (FAQ) that brokers get, with none wait time and across the clock
  • Self-service ordering AI manages end-to-end processes by itself for purchasers, together with tackle adjustments, banking and order
  • AI automates buyer conversations and improves enterprise outcomes with personalised cross- and up-selling capabilities

Parloa was based in 2018 by Malte Kosub and Stefan Ostwald and in the present day employs about 250 individuals in Berlin, Munich, and New York.

See also  Vive Crop Protection Secures Series C Extension Funding

FinSMEs

25/04/2024


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TAGGED: 66M, Funding, Parloa, Raises, Series
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