ybot, a Miami, Florida-based multilingual, voice-activated autonomous work assistant, raised $4.6 million in a seed round led by US VC Florida Funders.
The capital infusion will be used for product development, sales, marketing, and employment, to triple the employee headcount in the following year.
Around 80% of workers are "deskless" — doing jobs outside of an office, from trucking to warehousing, ybot Co-founder and CEO Tomer Garzberg said there was an unserved gap between frontline requests and back-office actions in real-time, and his startup's solution is bringing screenless computing to the workforce. "The deskless workforce, which represents 80% of the global workforce, wants software to help their employees become more productive and their work experience more pleasant," he said.
ybot has established partnerships with Orange, VMware, and Microsoft. Its multilingual voice AI understands 40+ languages, including English, Spanish, Portuguese, Hindi, Mandarin, and Arabic, with plans to add more.
Company: ybot International Inc.
Raised: $4.6M
Round: Seed Round
Funding Month: September 2022
Lead Investors: Florida Funders
Additional Investors:
Company Website: https://ybot.ai/
Software Category: Multilingual Voice AI
About the Company: ybot is a cloud-based SaaS AI/RPA multilingual middleware solution and can best be described as "Siri for work"- a frictionless solution with the sole purpose of improving customer experience and driving down operational costs. The embeddable SaaS middleware sits within existing enterprise 'as a Service' products as a feature to enhance the end-user experience by automating mission-critical tasks through simple commands. Its pre-trained multilingual AI interfaces with most voice or text channels, such as Microsoft Teams, Zoom, and Slack. Its RPA interacts with systems inside and outside of any organization, including VMWare, SAP, and Workday. ybot has a presence and partners across the US and Canada, the Middle East and North Africa, the UK and Europe, Asia, Southeast Asia, and the Pacific.
Source: https://www.startupdaily.net/topic/funding/siri-for-work-automation-startup-ybot-raises-4-6-million/