Kore.ai Riding the AI Wave
The conversational AI market is all set to skyrocket, reaching $377 billion in revenue by 2032, up from $66 billion in 2023. In our world where 55% of organizations are either using or planning to take on GenAI tech, Kore.ai stands in the limelight, helping with customer service, marketing, and sales.
Raj Koneru, founder and CEO of Kore.ai, is confident that the company to meet the demands of customers. The latest funding will be useful in product development and in expanding Kore.ai’s workforce.
Kore.ai Secures $150 Million for AI-Powered Growth
Conversational and Gen AI platform Kore.ai has successfully secured $150 million in funding. The investment was spearheaded by FTV Capital, along with NVIDIA and existing investors such as Vistara Growth, Sweetwater PE, NextEquity, Nicola, and Beedie. This has brought Kore.ai’s total capital to an impressive $223 million.
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