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About Conversica
Industries
Consulting
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series E
Total Funding
$132M
Headquarters
San Mateo, California
Founded
2007
Overview
Conversica creates AI-powered virtual assistants that help businesses improve their operations, particularly in sales, marketing, and customer service. These assistants automate tasks like reaching out to potential customers, following up on leads, and engaging with clients through email and text messages. The technology uses natural language understanding and generation to make interactions feel more human-like. Unlike many competitors, Conversica operates on a subscription model, offering various service tiers that cater to different business needs, from basic automation to advanced features like deep learning and multi-language support. The company's goal is to enhance customer engagement processes for businesses, making them more efficient and effective.
Simplify's Take
What believers are saying
- Conversica is recognized as a leader in B2B conversation automation by Forrester.
- The launch of AI agents for auto dealerships taps into a growing market demand.
- Partnerships with companies like Oracle expand Conversica's market reach.
What critics are saying
- Emerging competitors like Drift and Intercom threaten Conversica's market share.
- Open-source AI models may undercut Conversica's pricing model.
- Privacy regulations like GDPR may limit data collection capabilities.
What makes Conversica unique
- Conversica offers AI Assistants with superior conversational accuracy and autonomy.
- The company provides a large library of purpose-built conversational skills.
- Conversica's AI integrates seamlessly with major marketing automation platforms.
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Funding
Total Funding
$132M
Below
Industry Average
Funded Over
5 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Retirement Plan
Company Equity
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 2%2 year growth
↓ -3%That's why Conversica is launching the Conversica Customer Forum - a new, ongoing series designed to help its customers learn from each other, discover new strategies, and get the most out of their Conversica solutions.
Conversational artificial intelligence (AI) provider Conversica has introduced a solution for automotive dealerships. The company’s new AI agents — powered by the AnswersIQ for Auto solution — offers dealers real-time data covering more than 84,000 dealerships and OEM microsites, and nearly 220 million unique auto VINs, Conversica said in a Tuesday (Jan. 21) news release. The solution allows access to live, up-to-the-minute inventory data for each dealership, providing prospective auto buyers a “seamless, personalized” car buying experience, the company added
Conversica, a leading provider of conversational AI solutions, has recently made headlines with the launch of its groundbreaking AI agents designed specifically for automotive dealerships.
When Conversica first launched this live demo environment, it was designed to allow prospects to try out its solution without the pressure of a sales pitch.
AI Implementation: Oracle partnered with Conversica to deploy AI-enabled virtual assistants aimed at attracting and acquiring customers at scale.
Conversica is Hiring for 1 Jobs on Simplify!
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About Conversica
Industries
Consulting
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series E
Total Funding
$132M
Headquarters
San Mateo, California
Founded
2007
Conversica is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today