Viable, a San Francisco, CA-based qualitative AI company to provides natural language querying of customer feedback, announced that it closed $5 million in seed funding primarily for growth, R&D, and new hires. Bringing Viable total raised to 9 million.
The round was led by Streamlined Ventures, with participation from previous investors Craft Ventures and Javelin Venture Partners.
The round also includes investment from Merus Capital, GTMFund, STRΛTMINDS, Tempo Ventures, Micheal Liou, Bill Butler, and Samvit Ramadurgam.
The new seed round will enable Viable to expand its go-to-market efforts, build even deeper analytical capabilities and grow its team across marketing, sales, and engineering.
Company: Viable Fit, Inc.
Raised: $5.0M
Round: Seed Round
Funding Month: May 2022
Lead Investors: Streamlined Ventures
Additional Investors: Craft Ventures and Javelin Venture Partners
Company Website: https://www.askviable.com/
Software Category: AI Qualitative Analysis
About the Company: Viable provides analytics software for making customer feedback actionable with automated aggregation, structuring, and analysis of the text. With Viable, companies can ask any question and in seconds get plain-language answers from their customer surveys, help desk tickets, app store reviews, and more. Powered by GPT-3, an advanced language model. Viable’s mission is to help you better and more quickly understand what customers are telling you so can immediately find the most important things you should be working on.
Source: https://www.globenewswire.com/news-release/2022/05/12/2442034/0/en/AI-Customer-Feedback-Company-Viable-Secures-5M-in-New-Funding-Bringing-Total-to-9M.html