# 24/7 Customer

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/24-7-customer

- Industry: Software
- Headquarters: San Jose, US
- Website: www.247-inc.com
- Total disclosed funding: $7M
- Latest round: Series B (Jul 24, 2003)
- Investors on record: 1

## About

24/7 Customer, Inc. is a customer experience technology company that specializes in AI-driven solutions, enhancing customer interactions across various channels for businesses in multiple sectors.Founded in 2000 in San Jose, US, 24/7 Customer, Inc. provides an integrated platform for customer engagement. The company has undergone strategic pivots to strengthen its focus on AI-powered solutions. Notable founders include Jennifer Walsh and PV Kannan. As of September 2005, the company raised USD 15 mn in Series C funding, bringing its total funding to USD 15 mn with a current valuation of USD 211.474 mn.24/7.ai's core offering is the 24/7 Engagement Cloud, an AI-powered omnichannel customer experience (CX) platform designed to enhance every stage of the customer journey. This platform integrates various functionalities, including customer acquisition, engagement, issue resolution, and long-term retention, all within a unified system. It provides dynamic and personalized support across diverse channels, improving the overall customer experience while simultaneously enhancing agent performance. The platform has been deployed by numerous global brands, focusing particularly on industries such as retail, telecommunications, financial services, and healthcare. The solutions within the Engagement Cloud cater to a wide array of end-users, from individual consumers seeking assistance to large corporations aiming to streamline their customer interactions across multiple geographies, including North America, Europe, and parts of Asia.24/7.ai generates revenue primarily through a subscription-based model for its services, whereby clients pay for access to the Engagement Cloud and associated functionalities. This structure often includes tiered pricing plans that vary based on the specific services utilized and the scale of deployment. Clients, including major retailers and telecom companies, engage with 24/7.ai through direct partnerships, allowing for tailored implementations that meet their unique operational needs. Each client’s usage may involve multiple products within the Engagement Cloud, optimizing their customer service operations and driving efficiencies. The company's focus on delivering high-value, AI-enhanced customer interactions positions it competitively within the CX services market, reinforcing its reputation for delivering measurable improvements in customer satisfaction and operational effectiveness.The recent funding of USD 15 mn obtained in September 2005 is earmarked for expanding the 24/7 Engagement Cloud's capabilities and enhancing its AI functionalities. The company plans to launch new features aimed at improving real-time customer engagement within the next year. Additionally, there are strategic intentions to enter new geographic markets in Asia and Europe, targeting a rollout by the end of 2006. This growth strategy aims to leverage the company's existing technologies to capitalize on the increasing demand for integrated customer experience solutions.

## Funding rounds

- Series B, Jul 24, 2003, $7M — Hong Shan

## Investors

- Hong Shan — Series B