# Conversica

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/conversica

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.conversica.com
- Total disclosed funding: $67M
- Latest round: Series E (Apr 5, 2022)
- Investors on record: 10

## About

Founded in 2007 and based in California, US, Conversica, Inc. develops a platform that automates online conversation using artificial intelligence software. In December 2016, Conversica, Inc. raised USD 16 million in series B funding led by new investor PSG Equity, with participation from other new investors Recruit Holdings, The Yard Ventures and Wellington Financial. Returning investors Kennet Partners, Toba Capital and the company's management also participated in the round. In October 2018, Conversica, Inc. raised series C funding led by returning investor PSG Equity, with participation from other returning investors Kennet Partners and Toba Capital. New investor Savano Capital Partners also participated in the round. In April 2022, the firm raised USD 25 million in Series E funding led by investor Morgan Stanley Expansion Capital. As of 2024, the company is headed by its CEO Jim Kaskade.

The company offers a conversational AI platform that facilitates natural human-like conversation. The company's primary product, Revenue Digital Assistants (RDAs), functions as virtual team members by sending tailored, contextually relevant communications to prospects and customers on a variety of channels on their own. The customer success, sales, and marketing departments are served by these AI-powered assistants.

## Funding rounds

- Series E, Apr 5, 2022, $25M — Morgan Stanley Expansion Capital
- Series D, Aug 5, 2020, $20M — Providence Equity Partners, Hollyport Capital, Savano Capital Partners, Toba Capital
- Series C, Oct 30, 2018 — Kennet Partners, Savano Capital Partners, Toba Capital, PSG Equity
- Series B, Dec 6, 2016, $16M — Kennet Partners, Wellington Financial, Toba Capital, Recruit Holdings, Alumni Ventures Group, PSG Equity
- Series A, Dec 2, 2015, $6M — Kennet Partners, Toba Capital

## Investors

- Kennet Partners (https://capitalatlas.ai/funds/kennet-partners) — Series A, Series B, Series C
- Toba Capital (https://capitalatlas.ai/funds/toba-capital) — Series A, Series B, Series C, Series D
- Wellington Financial (https://capitalatlas.ai/funds/wellington-financial) — Series B
- Recruit Holdings — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- PSG Equity (https://capitalatlas.ai/funds/psg-equity) — Series B, Series C
- Savano Capital Partners (https://capitalatlas.ai/funds/savano-capital-partners) — Series C, Series D
- Providence Equity Partners (https://capitalatlas.ai/funds/providence-equity-partners) — Series D
- Hollyport Capital (https://capitalatlas.ai/funds/hollyport-capital) — Series D
- Morgan Stanley Expansion Capital (https://capitalatlas.ai/funds/morgan-stanley-expansion-capital) — Series E