# Kata.ai

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

- Industry: Software
- Headquarters: South Jakarta, Indonesia
- Website: www.kata.ai/
- Total disclosed funding: $11M
- Latest round: Series B (Dec 1, 2020)
- Investors on record: 11

## About

PT YesBoss Group Indonesia specializes in advanced conversational AI solutions that streamline customer interactions through automation, enhancing engagement across various messaging platforms such as WhatsApp.PT YesBoss Group Indonesia was founded in 2015 and is headquartered in Jakarta, Indonesia. The company focuses on delivering conversational AI services to improve customer engagement. Notably, it has raised a total of USD 3.15 mn in SERIES B funding as of December 1, 2020, co-led by MDI Ventures and Trans-Pacific Technology Fund. The company currently holds a valuation of USD 24.26 mn.Kata.ai's core products are advanced conversational AI solutions aimed at enhancing customer interactions for businesses. Their main offering includes a chatbot platform that automates customer engagement across messaging channels like WhatsApp. This technology improves customer experience by providing personalized interactions and is utilized to decrease wait times, automate feedback, and boost sales through targeted marketing campaigns. Their clientele spans various sectors including financial services, healthtech, consumer goods, and retail, predominantly within Indonesia and Southeast Asia.Kata.ai operates under a business-to-business model, generating revenue through subscription services for their chatbot and conversational AI offerings. Clients partner with Kata.ai to integrate its technology into their customer service systems, typically involving various pricing plans based on scale and service specifics. While detailed pricing for individual products is not disclosed, the revenue model likely includes recurring subscription fees for ongoing services, along with possible one-time integration fees. Their offerings, particularly integration with the WhatsApp Business Platform, are essential for enhancing client communication strategies.In December 2020, PT YesBoss Group Indonesia raised USD 3.15 mn in SERIES B funding, which values the company at USD 24 mn post-money. The company aims to leverage this funding to enhance its product offerings and expand into new geographic markets. Specifically, they plan to release new AI-driven products to improve customer engagement and explore further opportunities in Southeast Asia within the next few years.

## Funding rounds

- Series B, Dec 1, 2020, $3.1M — MDI Ventures, Trans-Pacific Technology Fund
- Series A, Sep 6, 2018, $4.7M — Industrial Technology Investment Corporation, 500 Global, Insignia Capital Group, Spiral Ventures, Convergence Ventures, MDI Ventures, Access Ventures, Trans-Pacific Technology Fund, Red Sails Investment, VPG Asia, Benson Capital Partners
- Series A, Aug 1, 2017, $3.5M — Trans-Pacific Technology Fund
- Seed, Oct 5, 2015 — Convergence Ventures, 500 Global, Spiral Ventures

## Investors

- Convergence Ventures — Seed, Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- Spiral Ventures (https://capitalatlas.ai/funds/spiral-ventures) — Seed, Series A
- Trans-Pacific Technology Fund (https://capitalatlas.ai/funds/trans-pacific-technology-fund) — Series A, Series B
- Industrial Technology Investment Corporation (https://capitalatlas.ai/funds/industrial-technology-investment-corporation) — Series A
- Insignia Capital Group (https://capitalatlas.ai/funds/insignia-capital-group) — Series A
- MDI Ventures (https://capitalatlas.ai/funds/mdi-ventures) — Series A, Series B
- Access Ventures — Series A
- Red Sails Investment — Series A
- VPG Asia (https://capitalatlas.ai/funds/vpg-asia) — Series A
- Benson Capital Partners (https://capitalatlas.ai/funds/benson-capital-partners) — Series A
