Voiceflow, a San Francisco and Toronto-based collaboration platform for building AI agents, closed a $15 million funding round led by OpenView, a prominent business software-focused venture capital firm.
This round brings Voiceflow's total raised to $35 million and increases its valuation by 50 percent since its last round in 2021.
This infusion of capital will empower Voiceflow's dedication to innovation and enhance its support for conversational AI product teams in creating, testing, and launching AI agents for customer support.
Voiceflow’s advanced conversational AI platform allows teams of any size to collaboratively build agents of any scale and complexity. Voiceflow’s platform focuses on collaboration and usability, enabling enterprise teams to work together when building AI Agents.
“When we launched Voiceflow in 2019, our mission was to democratize the creation of AI agents for the Alexa and Google Assistant platforms. Four years later, our mission has evolved to being the collaborative platform for enterprise product teams to build AI agents for any channel or use case. We're proud to serve over 130,000 global users and have customers from leading conversational AI teams, including dozens of the Fortune 500, such as US Bank, The Home Depot, and BMW,” said Braden Ream, Founder and CEO of Voiceflow. “We are excited to work with the OpenView team, which brings unmatched experience working with businesses like ours. The firm’s expertise will be a tremendous asset as we look to introduce critical new innovations and meet growing customer demand.”
Voiceflow allows for integration with any existing natural language understanding (NLU) platform or technology stack, allowing teams to supercharge their design and collaboration capabilities without costly vendor replacements or technology changes.
Now, with the latest funding, Voiceflow will add an LLM-powered AI Builder, which gives customers a place to build and deploy large language model-powered agents for customer support and more.
Company: Voiceflow, Inc.
Raised: $15.0M
Round: Unknown
Funding Month: August 2023
Lead Investors: OpenView
Additional Investors:
Company Website: https://www.voiceflow.com/
Software Category: Conversational AI Software
About the Company: Founded in 2019 by CEO Braden Ream, Voiceflow is a company specializing in creating software for voice applications. Voiceflow provides a collaborative AI agent-building platform for teams to design, develop, and launch chat and voice assistants. Its mission is to make it easy for anyone to build conversational AI agents across any channel. The company currently has more than 130,000 global users from businesses worldwide, including Amazon, JP Morgan, The Home Depot, Vodafone, State Farm, and many others.
Source: https://www.globenewswire.com/news-release/2023/08/15/2725531/0/en/Voiceflow-Announces-15M-Investment-from-OpenView-Venture-Partners.html