Avaamo
Latest round
- Series A
Last raised
- Mar 2018
Total raised
- $21M
Investors
- 9
About Avaamo
Avaamo Inc.Founded in 2014 and headquartered in Los Altos, California, Avaamo specializes in conversational AI technologies.00 mn.Avaamo specializes in providing advanced conversational AI solutions tailored for enterprise applications. Its core offerings include a suite of products designed to enhance customer engagement, streamline business processes, and improve operational efficiencies across various sectors. Notably, Avaamo's Contact Center AI enables organizations to automate a significant percentage of incoming calls by understanding natural language and guiding users efficiently to the appropriate responses or workflows. This functionality reduces wait times and enhances overall customer satisfaction. Avaamo also offers customizable intelligent virtual assistants and conversational search capabilities that allow organizations to leverage vast repositories of documents and data, facilitating seamless information access for end users.Avaamo's revenue generation model is structured around subscription-based services that provide clients with access to its conversational AI platform and associated tools. Clients typically engage with Avaamo through contractual agreements that outline the terms of service, which can include tiered subscription plans based on the scale and complexity of the implementation. These plans may vary depending on the specific needs of each client, incorporating flagship products such as Avaamo Answers and the Agent Copilot, which are designed for enhanced user interaction and operational efficiency.In June 2021, Avaamo, Inc. Upcoming products are expected to focus on expanding its AI capabilities and enhancing existing solutions. Avaamo is targeting new market segments in healthcare and finance across North America and Europe, with plans to enter additional markets by the end of 2023. These initiatives will support Avaamo's strategy for sustainable growth and innovation.
Who invested in Avaamo
9 investors across 2 rounds
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Questions about Avaamo
Who invested in Avaamo?
Avaamo has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Avaamo raised?
Avaamo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Avaamo last raise money?
Avaamo's most recent round on record is a Series A, in Mar 2018.
What does Avaamo do?
Avaamo is a software company.
Where is Avaamo headquartered?
Avaamo is headquartered in Los Altos, US.
Which VCs invest in companies like Avaamo?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Avaamo's stage. Their profiles are linked below.
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