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Conversica Announces The Completion Of A $25 Million Financing With Morgan Stanley Expansion Capital To Further Its Growth

Apr 05, 2022•over 3 years ago

Amount Raised

$25 Million

Foster City

Description

Conversica, Inc., a leading provider of Conversational AI solutions for enterprise revenue teams, announces the successful completion of a $25 million financing with investment funds managed by Morgan Stanley Expansion Capital. Conversica will use the capital to support strategic business initiatives as it prepares for exponential growth.

Company Information

Company

Conversica

Location

Foster City, California, United States

About

Processing over a billion interactions, the Conversica Conversational AI platform integrates natural language processing (NLU & NLG), decision & policy management, business process automation and deep learning capabilities to drive customer engagement across multiple digital communication channels and languages. The Conversica platform supports over 50 integrations into the most popular MAP and CRM platforms and offers an open API for custom integration. Conversica will use the capital to support strategic business initiatives as it prepares for exponential growth. Conversica provides Conversational AI solutions, uniquely focused on revenue growth versus cost savings.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech