Clinc
Latest round
- Series B
Last raised
- May 2019
Total raised
- $60M
Investors
- 6
About Clinc
Clinc, Inc.Founded in 2015 in Ann Arbor, US, Clinc, Inc. develops conversational AI technology specifically for banking applications.Clinc specializes in delivering advanced conversational AI technology designed specifically for the banking sector. Their core product offerings include virtual assistants that leverage natural language processing to facilitate complex customer interactions. This technology allows users to perform various banking tasks—such as checking account balances, reporting lost or stolen cards, and transferring funds—all without the need for human intervention. Clinc's solutions are particularly geared towards improving customer satisfaction by providing seamless, personalized experiences.Clinc's revenue model is structured around partnerships and service contracts with banking institutions that integrate their conversational AI solutions. The company provides its services through a subscription-based model, enabling clients to access and deploy Clinc's virtual assistant technology tailored to their needs. Specific pricing plans and details regarding contract terms are aligned with the scale and requirements of each client, reflecting the bespoke nature of their offerings. The revenue is generated primarily from these subscription contracts, with ongoing support and maintenance services enhancing customer relationships and retention.00 mn in May 2019, Clinc, Inc. plans to leverage this capital to enhance its product offerings and expand into new markets. The company is currently working on launching new features for its conversational AI products, aimed at improving user engagement and operational efficiency. In addition, Clinc is looking to penetrate additional regions in Europe and Asia by the end of 2023, strengthening its presence in the global banking sector. This strategic direction underscores Clinc's commitment to scaling its operations and enhancing its service delivery capabilities.
Who invested in Clinc
6 investors across 3 rounds
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Questions about Clinc
Who invested in Clinc?
Clinc has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Clinc raised?
Clinc has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Clinc last raise money?
Clinc's most recent round on record is a Series B, in May 2019.
What does Clinc do?
Clinc is a software company.
Where is Clinc headquartered?
Clinc is headquartered in Ann Arbor, US.
Which VCs invest in companies like Clinc?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Clinc's stage. Their profiles are linked below.
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