Moveo.AI, a New York-based startup focused on developing enterprise conversational AI solutions, has raised over €2.3 million in seed funding.
Investors
The funding round was led by Eleven Ventures, with significant participation from Uni.Fund and Charge.vc.
Eleven Ventures is a Sofia, Bulgaria-based pre-seed and seed venture capital firm focused on South and Central Eastern Europe. Since 2012, they have made over 170 investments, playing a key role in developing the regional startup ecosystem. Eleven supports tech companies in Fintech, Healthcare, the Future of Work, and Sustainable Food, with notable investments including Payhawk, Quantive, Dronamics, SMSBump, and Native Teams.
Moveo.AI Use of Funds
The company will use the funds to develop its platform and proprietary LLMs further, strengthen its R&D efforts, and pursue international growth, particularly in the Americas. The investment will also support strategic partnerships and the scaling of business teams to reinforce the company’s global presence.
About Moveo.AI
Moveo.AI provides a customer experience (CX) platform that brings generative AI to the enterprise. Their mission is to make complex AI technology accessible and simple, empowering enterprises to make the most of their data, scale their operations, and offer immersive customer experiences. The company uses proprietary Large Language Models (LLMs) trained on historical and real-time data to create self-improving GenAI agents that deliver end-to-end customer and employee experiences. Headquartered in New York, Moveo.AI also has offices in Athens and São Paulo, supporting customers worldwide, including major enterprises like Betano, Allianz, and Alpha Bank.
Funding Details
Company: Moveo.AI, Inc.
Raised: €2.3M+
Round: Seed Round
Funding Date: August 2024
Lead Investor: Eleven Ventures
Additional Investors: Uni.Fund, Charge.vc
Company Website: https://moveo.ai
Software Category: Conversational AI Solutions
Source: https://www.eu-startups.com/2024/08/greece-based-conversational-ai-startup-moveo-ai-raises-over-e2-3-million-for-global-expansion/