Tech Company Financing Transactions

Kore.ai Funding Round

Kore.ai closed a $70 million Series C funding round on 10/2/2021. Investors included PNC Bank, Vistara Capital Partners and Beedie Capital Partners.

Transaction Overview

Company Name
Announced On
10/2/2021
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series C
Investors

PNC Bank (Lead Investor) (Daniel Pavlick)

Vistara Capital Partners (Lead Investor) (Randy Garg)

Beedie Capital Partners

NextEquity

Nicola Wealth Management

Proceeds Purpose
Kore.ai plans to use a significant amount of the funds to scale efforts to be the undisputed leader in Experience Optimization or XO, optimizing enterprise customer, agent, and employee experiences through AI-native platforms and products.

Company Information

Company Status
Private & Independent
Industry
Communications
Mailing Address
7380 W Sand Lake Rd. 390
Orlando, FL 32819
USA
Email Address
Overview
Kore.ai is a market leading conversational AI technology partner for Global 2000 companies. It provides an enterprise-grade, end-to-end conversational AI platform available on-premise/cloud for building, deploying and managing secure, smart, conversational bots across 30+ different digital and voice channels.
Profile
Kore.ai LinkedIn Company Profile
Social Media
Kore.ai Company Twitter Account
Company News
Kore.ai News
Facebook
Kore.ai on Facebook
YouTube
Kore.ai on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Raj Koneru
  Raj Koneru LinkedIn Profile  Raj Koneru Twitter Account  Raj Koneru News  Raj Koneru on Facebook
Chief Financial Officer
Ravi Singh
  Ravi Singh LinkedIn Profile  Ravi Singh Twitter Account  Ravi Singh News  Ravi Singh on Facebook
Chief Technical Officer
Prasanna Arikala
  Prasanna Arikala LinkedIn Profile  Prasanna Arikala Twitter Account  Prasanna Arikala News  Prasanna Arikala on Facebook
Executive Vice President
Sreenivas Unnamatla
  Sreenivas Unnamatla LinkedIn Profile  Sreenivas Unnamatla Twitter Account  Sreenivas Unnamatla News  Sreenivas Unnamatla on Facebook
VP - Customer Service
George Murphy
  George Murphy LinkedIn Profile  George Murphy Twitter Account  George Murphy News  George Murphy on Facebook
VP - Sales
Praneet Gill
  Praneet Gill LinkedIn Profile  Praneet Gill Twitter Account  Praneet Gill News  Praneet Gill on Facebook
VP - Sales
David Schreffler
  David Schreffler LinkedIn Profile  David Schreffler Twitter Account  David Schreffler News  David Schreffler on Facebook


 

 

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Where The Data Comes From

We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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