# Seven Eight Three Media

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/seven-eight-three-media

- Industry: Education/Training
- Headquarters: New York, US
- Website: www.authoritive.co
- Total disclosed funding: $5M
- Latest round: Seed (Aug 6, 2021)
- Investors on record: 2

## About

Seven Eight Three Media, Inc. focuses on delivering innovative conversational flow solutions to enhance user engagement across messaging platforms, facilitating seamless interactions for businesses and their customers.Founded in 2019, Seven Eight Three Media, Inc. is headquartered in New York, US. The company specializes in conversational flow solutions, allowing businesses to connect effectively with their audiences through chat-based interactions. Christy Fletcher, the founder, has a history of entrepreneurial ventures. In August 2021, the company raised USD 5 million in Seed funding led by Owl Ventures, with participation from Mercuri. This funding supports its growth strategy.Seven Eight Three Media, Inc. offers Authoritive, a platform that provides conversational flow solutions designed for guided and interactive user experiences across popular messaging platforms. Their services aim to improve direct engagement between businesses and customers, making personalized interactions possible while addressing specific inquiries. The company serves a diverse clientele across North America and Europe, tailoring solutions to meet regional demands.Authoritive operates on a subscription-based revenue model, allowing clients to utilize their conversational flow technology across existing messaging platforms. This model ensures a predictable income stream, as businesses typically pay ongoing fees for service access and updates. The pricing structure is adaptable to different business sizes, enabling both small and large enterprises to benefit from improved customer engagement solutions.The company plans to utilize the USD 5 million raised in August 2021 to meet growing customer demand and drive expansion. While specific new products are in development, further details are to be released as they approach launch. Additionally, Seven Eight Three Media seeks to expand its market presence in Europe by the end of 2023, enhancing its service offerings to cater to diverse regional requirements.

## Funding rounds

- Seed, Aug 6, 2021, $5M — OWL Ventures, Mercuri

## Investors

- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Seed
- Mercuri (https://capitalatlas.ai/funds/mercuri) — Seed