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ASAPP

ASAPP

AI tools for enhancing customer service efficiency

About

ASAPP provides AI-powered tools aimed at improving customer service operations. Their main product is a conversational AI voice and chat agent that accurately transcribes calls, automates call summaries, and generates automated responses to enhance the productivity of customer service agents. ASAPP primarily serves businesses that manage high volumes of customer interactions, such as call centers and support departments, operating within the growing customer experience market. Unlike many competitors, ASAPP offers its services through a subscription model, allowing clients to scale their use of AI tools based on their needs. The company's goal is to enhance human performance in customer service by addressing inefficiencies and providing insights that help businesses improve customer satisfaction and operational efficiency.

Company Stage

Series C

Employees

201-500

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$387.6M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • ASAPP's recognition as a leader in digital customer interaction solutions by a top independent research firm underscores its industry credibility.
  • The addition of Snowflake CEO Frank Slootman to the board of directors brings valuable expertise and potential strategic advantages.
  • Innovative products like CoachingAI and AutoAssist demonstrate ASAPP's commitment to transforming contact centers into revenue drivers.

What critics are saying

  • The rapid pace of AI development could lead to ethical and regulatory challenges, impacting ASAPP's operations and reputation.
  • The competitive landscape in AI-driven customer service is intense, with major players potentially eroding ASAPP's market share.

What makes ASAPP unique

  • ASAPP leverages generative AI to provide highly accurate transcription and automated call summaries, setting it apart from traditional customer service solutions.
  • The company's focus on AI-driven productivity tools like AutoCompose and AutoSummary enhances agent efficiency, a unique value proposition in the CX market.
  • ASAPP's SaaS model ensures continuous updates and improvements, offering clients a dynamic and evolving suite of tools.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-2%

2 year growth

-2%

Benefits

Learning & Development

Comprehensive Health Benefits

Daily Catered Meals

Vacation

401K Program

Family Leave

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