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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 develops AI-powered virtual assistants that assist businesses in sales, marketing, and customer service by automating tasks like reaching out to potential customers and following up on leads. Their technology uses natural language understanding and generation to create more human-like interactions. Operating on a subscription model, Conversica offers various service tiers tailored to different business needs. The company's goal is to enhance customer engagement processes, 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 company has launched innovative AI agents for automotive dealerships.
- Conversica's partnership with Oracle showcases successful collaboration with major tech companies.
What critics are saying
- Emerging AI startups offer similar solutions at lower prices, increasing competition.
- Data privacy regulations like GDPR could impact Conversica's data processing capabilities.
- Dependence on third-party platforms like Salesforce poses integration risks.
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 platforms like Salesforce and Adobe Marketo.
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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
↓ -2%1 year growth
↑ 4%2 year growth
↓ -4%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 excited to announce that Conversica has been awarded 14 new G2 Badges in the Fall 2024 report, with standout recognition in the AI Agent category.
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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
People Also Viewed
Discover companies similar to Conversica