Got It

Got It

Natural language understanding and automation solutions

About Got It

Simplify's Rating
Why Got It is rated
C+
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Early VC

Total Funding

$34.5M

Headquarters

Burlingame, California

Founded

2012

Overview

Got-it.ai specializes in Natural Language Understanding (NLU) and automation solutions for businesses. Their technology uses advanced NLU models trained on extensive datasets to provide accurate language processing capabilities. The company targets large enterprises and service desks that need to automate customer service tasks, integrating their AI assistants into platforms like DialogFlow and Slack. This integration allows businesses to handle complex tasks automatically, improving efficiency and reducing operational costs. Got-it.ai operates on a B2B model, offering their services through a low-code cloud platform, making it easy for clients to implement. Their goal is to enhance productivity and lower costs by minimizing the need for human intervention in both routine and complex tasks.

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Simplify's Take

What believers are saying

  • Partnership with NVIDIA enhances scalability and robustness of AI infrastructure.
  • Agent Copilot improves customer experience with advanced AI models and hallucination guardrails.
  • Truth Checker increases trust by addressing AI hallucinations in enterprise applications.

What critics are saying

  • High competition from established AI companies like OpenAI's ChatGPT.
  • Dependence on third-party platforms like NVIDIA may pose partnership risks.
  • Rapid AI advancements could make current solutions obsolete without continuous innovation.

What makes Got It unique

  • Got It AI offers rapid deployment of conversational AI, reducing setup time significantly.
  • Their AutoFlows™ technology autonomously discovers dialog paths, enhancing automation efficiency.
  • Integration with multiple NLU/Dialog Managers provides flexibility in deployment options.

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Funding

Total Funding

$34.5M

Below

Industry Average

Funded Over

6 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

0%
Newswire
Oct 13th, 2023
Got It Ai To Drive Platform Partnerships With Infrastructure Leaders Bringing Gen Ai Platform Elmar With Nvidia Ai Solutions For On-Prem

Krishna Hegde, former VP of Partner Revenue at VMware, joins Got It AI to drive strategic partnerships . .

Le Lézard
Oct 12th, 2023
Got It AI to Drive Platform Partnerships With Infrastructure Leaders Bringing Gen AI Platform ELMAR to NVIDIA AI Enterprise for On-Prem

He praised Got It AI's efforts in integrating its optimized platform with NVIDIA's on-premise architecture, simplifying deployments for enterprise use cases.

Newswire
Aug 9th, 2023
Boost Cx & Sales With Got It Ai'S 'Agent Copilot' - With Ai Models Including Llama-2, Mosaicml, Flan-Ul2 And Chatgpt With Hallucination Guard-Railed Agent Assist

Boost CX Sales with Got It AI's 'Agent Copilot' - with AI Models Including LLaMA-2, MosaicML, Flan-UL2 and ChatGPT with Hallucination Guard-railed Agent Assist . Press Release. •

Newswire
Mar 30th, 2023
Got It Ai Announces Elmar, A Commercial-Use On-Prem Llm For Enterprises, With Guardrails Including Hallucination Checking

Compared to GPT-4 and ChatGPT-3.5 , a smaller LLM can perform just as well as ChatGPT3.5 on dialog-based use cases but also check generated responses for hallucinations. . .

VentureBeat
Jan 13th, 2023
Got It Ai Creates Truth Checker For Chatgpt ‘Hallucinations’

Check out all the on-demand sessions from the Intelligent Security Summit here. Got It AI said it has developed AI to identify and address ChatGPT “hallucinations” for enterprise applications.ChatGPT has taken the tech world by storm by showing the capabilities of generative AI, which can enable ordinary folks to prompt AI to generate a wide variety of things, from computer programs to original songs. Some of those creations are remarkable. But the bad thing about ChatGPT is its error rate. Peter Relan, cofounder of the conversational AI startup Got It AI, said in an interview with VentureBeat that chatbots for conversational AI on enterprise knowledge bases cannot afford to be wrong 15% to 20% of the time. I found the error rate pretty easily by doing some simple prompts with ChatGPT

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