Bland AI Raises $16 Million in Series A

by Kay Aloha Villamor in August 29th, 2024

Bland AI, a San Francisco, CA-based platform automating phone calls for the enterprise using hyper-realistic AI agents, has emerged from stealth with a $16 million Series A funding round. 

Investors 

The round was led by Scale Venture Partners, with participation from notable investors including Y Combinator, Max Levchin, Piotr Dąbkowski, and Jeff Lawson. This latest round brings Bland AI's total funding to $22 million. 

Scale Venture Partners is a venture capital firm focused on the next generation of enterprise software companies building AI-enabled applications. They invest primarily in Series A and Series B rounds. Based in Foster City, California, the firm prefers to invest in companies within the artificial intelligence, fintech, infrastructure, productivity, SaaS, security, and vertical sectors. 

Bland AI Use of Funds 

The company will use the funding to expand its team and enhance its platform, which aims to streamline phone-based tasks, ranging from customer support to sales and internal operations. 

About Bland AI 

Bland AI is a conversational AI platform that automates phone calls for businesses using hyper-realistic AI agents. The platform allows businesses to fully customize their AI agents, from voice selection to the creation of detailed conversational pathways. Founded in 2023, Bland AI's mission is to revolutionize how enterprises handle phone communications, enabling more efficient, personalized interactions at scale. The company is headquartered in San Francisco, with a global team of AI experts and industry veterans. 

Funding Details 

Company: Bland AI, Inc. 

Raised: $16.0M 

Round: Series A 

Funding Date: August 2024 

Lead Investor: Scale Venture Partners 

Additional Investors: Y Combinator, Max Levchin, Piotr Dąbkowski, Jeff Lawson 

Company Website: https://www.bland.ai/  

Software Category: Phone Call Automation 

Source: https://www.businesswire.com/news/home/20240828040767/en/ 

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