Skit.ai

SoftwareSeries BBangalore, Indiaskit.ai

Latest round

Series B

Last raised

Sep 2021

Total raised

$28M

Investors

7

About Skit.ai

ai specializes in AI-powered solutions for debt collection.ai specializes in AI-driven debt collection solutions designed to enhance operational efficiency and improve customer engagement across various sectors. Their flagship offering includes a Generative AI-powered Large Collection Model (LCM), which utilizes advanced algorithms to analyze consumer demographics and debt details, effectively predicting collection propensity.ai’s services encompass a comprehensive suite of automation tools, including voice, SMS, email, and chat solutions, aimed at streamlining collections, maximizing self-pay within healthcare, and optimizing interactions in the auto finance and banking sectors. The company serves a diverse client base, including collection agencies, financial institutions, and healthcare providers, primarily in the United States and India, facilitating their collection processes through seamlessly integrated omnichannel experiences.30. The company generates revenue through a subscription-based model tailored for B2B partnerships with clients in the collections and financial services industries. Their product offerings, including the AI-powered voice solution and the omnichannel conversational AI technology, are designed to enhance client operations in debt recovery.ai’s business transactions typically involve licensing agreements for their software solutions, which are integrated into clients’ existing systems, allowing for improved efficiency in collections without the need for additional workforce.ai’s technology to enhance their operational capabilities. The company aims to explore new markets, specifically targeting expansion in Europe and Southeast Asia by 2024, while continuing to refine its product offerings.ai's commitment to innovation is expected to drive its growth strategy as it seeks to enhance its presence in the global market.

Who invested in Skit.ai

7 investors across 3 rounds

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Funding rounds

  1. Series B

    Sep 1, 2021

    Amount

    $23M

    Investors

    Locked

  2. Series A

    May 6, 2020

    Amount

    $5.1M

    Investors

    Locked

  3. Seed

    May 11, 2017

    Amount

    $0.3M

    Investors

    Locked

Questions about Skit.ai

Who invested in Skit.ai?

Skit.ai has 7 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 Skit.ai raised?

Skit.ai has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Skit.ai last raise money?

Skit.ai's most recent round on record is a Series B, in Sep 2021.

What does Skit.ai do?

ai specializes in AI-powered solutions for debt collection.

Where is Skit.ai headquartered?

Skit.ai is headquartered in Bangalore, India.

Which VCs invest in companies like Skit.ai?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Skit.ai's stage. Their profiles are linked below.

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