Allganize raises $10 million round led by Atinum Investment

Mar 08, 2021•over 4 years ago

Amount Raised

$10 Million

San Francisco

Description

Allganize announces that it has completed a $10 million financing led by Atinum Investment, with participation from Stonebridge Ventures, Sumitomo Mitsui Banking Corporation and existing investors. This brings the total funds raised by Allganize to $15 million since its founding in July 2017.

Company Information

Company

Allganize

Location

San Francisco, California, United States

About

Allganize’s NLP technology allows enterprises to automate answering questions from a myriad of unstructured text documents. It empowers customer support representatives, speeds up resolution time, enhances cross-platform search experience, and extracts named entities from contracts for underwriters and agents. Unlike other AI providers, Allganize’s technology does not require manual data tagging, making it faster and easier to implement while providing best-in-class results and accuracy. Allganize’s Answer Bot and Cognitive Search can automatically resolve 50~80% of customers’ questions and free up agents’ time to handle four to five times the volume of high priority issues.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Allganize raises $10 million round led by Atinum Investment

Description

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Funding Insights

Company Information