Tech Company Financing Transactions
AptEdge Funding Round
Stage 2 Capital, Carya Ventures and Counterpart Ventures participated in a $11 million Seed funding round for AptEdge. The round closed on 6/14/2023.
Transaction Overview
Company Name
Announced On
6/14/2023
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to further develop the product, incorporating new language models as they launch, and additional connectors to sources of industry and in-house knowledge.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
19 South B St 8
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Undisclosed
Website
Email Address
Overview
Leveraging the latest in Generative AI technologies, AptEdge has created the industry first Answer Engine with AnswerGPT�. The root of customer care challenges begins with the inability to quickly get answers to customer questions and problems. The problem is getting bigger as the amount of knowledge grows and is sprawled in dozens of systems. AptEdge transforms your domain knowledge and creates dynamic, personalized answers driving down customer care resolution times, increasing CSAT, and improving support team efficiencies.
Management Team
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