Dharmesh Thakker’s Post

I’m thrilled to share that UJET has raised a total of $76 Million Series D funding, led by Sapphire Ventures , with participation from new investors KeyBanc Capital Markets and IonPacific, LLC, and existing investors GV (Google Ventures), Kleiner Perkins , Citi Ventures, DCM Ventures, and Ericsson Ventures. This isn't just about capital—it's fuel for our vision of a world where AI and people work together so that every customer experience is effortless, intelligent, and personal. We've all been there: stuck in endless phone queues, repeating information to multiple agents, feeling like just another ticket number. That's the old way. At UJET, we're building the new way. Where every interaction is seamless, personalized, and intelligent, no matter the channel.  Where AI: -Elevates Customer Experiences -Supercharges Agent Efficiency -Optimizes Contact Center Operations -Offers Insights for Brand Growth Imagine a contact center where customers get the answers they need instantly, where agents have the tools to solve complex issues effortlessly, and where businesses unlock valuable insights to drive growth. That's the power of UJET. This funding accelerates our mission. We'll continue to push the boundaries of conversational and generative AI, making self-service smarter, agent guidance more intuitive, and contact center operations more efficient. I’m also excited to accept the role of Co-CEO, alongside our Founding CEO, Anand Janefalkar, as we work together to usher in this next phase of growth in the new AI-era. We're incredibly grateful to our investors, customers, partners, and the amazing team at UJET. Together, we're reimagining customer experience in the age of AI. Thank you to all of our new and existing supporters in this round: Karim Faris, GV Jai Das, Sapphire Ventures Cathy Gao, Sapphire Ventures Osuke Honda, DCM Ted Schlein, Kleiner Perkins Matt Carbonara, Citi Ventures Çağla Kaymaz, Citi Ventures Paul McNamara, Ericsson Ventures Raanan Bar-Cohen, Resolute Ventures Aaron Hill, KeyCorp Jason Krikorian, (Independent) https://lnkd.in/guKtyPRH #UJET #AI #CustomerExperience #ContactCenter #SeriesD

A very interesting point of view... it also seems like we are undervalued our TAM :))) at least based on some of the numbers in this article. Regardless if you are building a GenAI App or not, I think this is a good read that has some good outlook into the near future of this industry.

Austin-based RapidCanvas, founded by Rahul Pangam and Uttam Phalnikar, has raised $16M in Series A funding to address the global tech talent shortage with its innovative AI agents. RapidCanvas combines generative AI and human expertise to automate up to 75% of tasks traditionally handled by data scientists and engineers. The Series A funding round was led by Peak XV Partners, with additional participation from Titanium Ventures existing investors Accel and Valley Capital Partners. This brings RapidCanvas's total funding to over $23.5M since its inception in 2021. The funding will support RapidCanvas in scaling its platform, enabling enterprises to deploy custom AI solutions 10X faster and at 80% lower cost. With a unique "Service-as-Software" model, RapidCanvas is redefining automation by delivering measurable business outcomes, helping companies unlock growth and efficiency in record time. Harshjit Sethi Steve Schmidt Dinesh Katiyar Steve O'Hara Alok Bathija Antonio E. Stephen Wong Mayuresh (Mayur) Kshetramade Divya V Kavya Ram Mohan Yash Patel Gurpreet Ghuliani Saad Siddiqui Rohit Vakulabharanam Mark Bahl Hiranyagarbh Narale John Forrest Santiago Covarrubias Nitin Gupta Ray Hsu James Nisbet Shubham Khandelwal Saurabh Thakral Fuge Zou

Great analysis by Sarah in her blog post. Over the past year, we have seen intense competition on the hardware side and the foundation models of Generative AI. However, we have yet to see a killer application of AI if we consider ChatGPT as a foundation model rather than an application. Over the next 10 years, we will see significant interest and investment in the application side of Generative AI. At MetaLearner, we have integrated Generative AI and advanced data science workflows, leveraging the decades of experience we have garnered. As the blog post mentioned, MetaLearner has received strong interest from various people across all levels. MetaLearner has the opportunity to work with big enterprises despite only being a pre-seed startup. I firmly believe that the future narrative will revolve around the application side of Generative AI, where we will witness a complete overhaul of how users interact with software.

AI testing is about to change forever, and Distributional just raised $19 million to make it happen. 🔥 Distributional closed a $19 million Series A round led by Two Sigma Ventures, with support from investors like Andreessen Horowitz, Operator Collective, and Oregon Venture Fund. This brings their total capital raised to $30 million as they build a cutting-edge enterprise platform for reliable AI testing and management. 🔎  Why This Matters for Sales & Tech Pros: • AI Testing & Governance: Distributional’s platform empowers AI teams to test, collect, and analyze data while resolving issues efficiently. For sales professionals, this opens up opportunities in sectors looking to enhance their AI systems and ensure reliability. • Tailored Products for AI Management: Their dashboard provides a clear audit trail, triage functionality, and reporting outcomes, helping organizations stay compliant with governance requirements—key talking points for anyone in enterprise sales. • Backed by Industry Leaders: With investment from top firms like Andreessen Horowitz and Two Sigma Ventures, Distributional is poised for significant growth. Now is the time to explore potential partnerships or sales opportunities in the AI space. 💡  How do you see Distributional’s innovations shaping the future of AI testing and governance? Share your thoughts below! #AI #FirmographInsights #SeriesAFunding #AICompliance

#DevRevSecures100MFunding DevRev Inc., an AI platform startup, has successfully raised $100 million in a Series A funding round, bringing its valuation to an impressive $1.15 billion. Led by Khosla Ventures and Mayfield Fund, this funding round marks a significant milestone for the company. 🚀 Founded by Dheeraj Pandey, former CEO of Nutanix, DevRev specializes in AI-driven customer relationship software. The platform integrates diverse data sources to create a knowledge graph, enhancing customer support, product management, and software development. With this technology, DevRev aims to transform enterprise customer support by moving beyond traditional rule-based systems to context-aware, conversational AI models. Vinod Khosla, founder of Khosla Ventures, believes that AI will revolutionize customer support and product teams globally. Given the rapid advancements and investments in AI, how do you see AI reshaping enterprise operations in the coming years? 💡 #DevRev #AI #CustomerSupport #Innovation #Funding #TechInvestment #Saasverse

Artificial intelligence (AI)-based document workflow automation platform Nanonets has raised $29 million in a funding round led by Accel. The firm’s existing investors, such as Elevation Capital, Y Combinator, and others, participated. Nanonets offers automation solutions for businesses operating across various sectors. It helps organizations streamline their processes and become efficient with no coding. Most of its revenue is generated from automating finance processes such as accounts payable, reconciliation, etc. “A large percentage of revenue comes from two geographies: North America and Europe. I think both geographies account for about 75% of our revenue,” said Juvatkar. Over the past year, nearly 10,000 companies have signed up and started using the platform, spanning various sectors such as finance, accounting, and operations, the company said. Founders: Prathamesh Juvatkar, Sarthak Jain Follow Rise & Shine for daily startup updates. Join our daily 2-min newsletter - www.riseshine.in #artificialintelligence #automation #startup #funding #venturecapital #ai

𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄 Vapi, a platform specializing in Voice AI agents, has raised $20 million in Series A funding to redefine how businesses deploy and scale conversational voice technologies. 𝗞𝗲𝘆 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 : Funding Round: Series A Amount Raised: $20 million Lead Investor: Bessemer Venture Partners (previously invested in ANYbotics and Upvest) 𝗣𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗶𝗻𝗴 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀: Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz 𝗣𝘂𝗿𝗽𝗼𝘀𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 : - Expand engineering teams - Scale infrastructure - Reach new enterprise customers across industries 𝗧𝗵𝗲 𝗣𝗿𝗼𝗯𝗹𝗲𝗺 𝗩𝗮𝗽𝗶 𝗦𝗼𝗹𝘃𝗲𝘀 Deploying voice AI agents is complex, requiring extensive engineering efforts over months or years. Vapi simplifies this process with its developer-first platform, enabling businesses to quickly implement scalable, human-like voice interactions. 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗼𝗳 𝗩𝗮𝗽𝗶’𝘀 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 Custom APIs: Designed for unique enterprise workflows and integrations. Scalability: Supports millions of calls within weeks. Flexibility: Allows seamless integration with CRMs, EHRs, and telephony systems. 𝗧𝗿𝗮𝗰𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗚𝗿𝗼𝘄𝘁𝗵 Since launching in 2023, Vapi has: - Achieved millions in revenue within six months. - Partnered with diverse industries, including finance, healthcare, and travel. - Gained customers like Mindtickle, Luma Health, Ellipsis Health, and Gestionadora de Créditos. 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀 : Michael Droesch , Byron Deeter , Jordan Dearsley 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗘𝗻𝗱𝗼𝗿𝘀𝗲𝗺𝗲𝗻𝘁: @Marcelo Oliveira, SVP of Engineering at Luma Health, praised Vapi’s seamless integration and mature platform, stating: “Vapi is far ahead of any other platform—simple, powerful, and it just works.” 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 Vapi’s rapid growth and innovative approach position it as a leader in voice-first AI technologies, setting the stage for transforming enterprise customer interactions globally. ---- Repost ♻️ if you find this useful. Hit the 🔔 if you enjoy my content. Engage 💙 if you like it 👋 follow us for more : The Big Deal ©

‘Rogo Nets $7M for Financial AI Revolution’ - Generative AI Funding Success Rogo, a NYC generative AI firm for finance, secures $7M Seed funding from AlleyCorp, Company Ventures, and others. - Expansion Plans Aims to use the funds for operations expansion and extending business reach. - Financial Sector Innovation Offers solutions for financial institutions to deploy generative AI for insights and workflow automation, with adoption by hedge funds and banks. Why partner with Eksentricity? Businesses should partner with Eksentricity to leverage their comprehensive expertise in integrating AI into product development and strategy, ensuring a competitive edge in today's rapidly evolving technological landscape. Eksentricity's team of experienced product and engineering leaders specializes in applying AI-centric solutions to complex business challenges, offering services that span from understanding the market and competitive landscape to developing AI-driven product strategies tailored to each business's unique value proposition. Their proven track record includes enhancing marketing strategies with synthetic data, achieving significant improvements in accounting processes, and providing advanced sales and supply chain forecasting with high accuracy rates. By collaborating with Eksentricity, businesses can navigate the complexities of AI technology implementation effectively, optimizing product capabilities, and ultimately driving growth and innovation. #AI #Fintech #Startups #VentureCapital #Innovation #Technology #Entrepreneurship #Finance #ArtificialIntelligence #BusinessExpansion

Israeli AI-Driven Cash Flow Management Platform Raises a $10 Million Panax, an Israeli AI startup that helps companies to handle cash flow, raised a $10 million Series A round of funding led by Team8, with participation from TLV Partners. The total funding of the startup is now $15.5 million. Panax will scale its go-to-market approach, build a more robust AI and data team, and expand its NYC office while keeping its R&D in Israel. AI helps the startup to put together financial data, identify insights and forecast cash flow. The startup also provides a possibility for foreign exchange. Panax focuses on midsize and large companies in industries such as manufacturing, logistics and real estate. Noam Mills, Sefi Itzkovich and Niv Yaar founded Panax 2 years ago. Source: https://lnkd.in/dEiBQjEg