Newo.ai

Based in California, US and founded in 2023 by co-founders David Yang and Luba Ovtsinnikova, Newo Inc.ai provides innovative AI receptionist services tailored for small to medium-sized businesses.ai specializes in providing AI-driven receptionist services designed to enhance customer engagement for small to medium-sized businesses across various industries. Their core offering is an AI Receptionist that can be set up in just three minutes, addressing the significant issue of missed calls, which reportedly affect 30-60% of customer inquiries during business hours and after-hours. The platform supports various communication channels, including phone, SMS, email, and social media, allowing businesses to automate appointment bookings, handle inquiries, and manage customer interactions seamlessly.ai's services are primarily targeted at industries such as restaurants, dental and medical practices, cleaning services, HVAC, and wellness sectors, with a focus on markets in the United States and Canada. The AI agents utilize proprietary technology to autonomously learn about each business's offerings, enabling personalized customer interactions and significantly increasing conversion rates.ai operates on a subscription-based revenue model, offering monthly plans that cater to businesses of different sizes and needs. Clients can access the AI Receptionist service for a starting price of USD 99 per month, which includes standard functionalities such as call handling, appointment scheduling, and customer engagement across various channels. The company’s transaction structure predominantly involves B2B arrangements, where businesses subscribe to the platform to improve their operational efficiency and customer service capabilities. Revenue is generated through both individual subscriptions and potential custom integrations that may involve additional costs for more complex requirements.ai continues to support a growing client base, the value proposition of reduced missed calls and enhanced customer interactions positions it favorably in the marketplace.

1. Series A

   Feb 10, 2026

   Amount

   $25M

   Investors

   Locked