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Omilia provides an AI-driven platform that transforms customer service for large enterprise contact centers through conversational AI. Its Self-Learning Agentic CX platform combines advanced speech recognition, voice biometrics for authentication, and multi-layer fraud protection to automate interactions across voice and digital channels, using components like deepASR, deepVB, and DiaManT. The system can be deployed on-premise or in the cloud and integrates with existing contact center software from Oracle, Avaya, and Cisco, selling on a usage-based model to regulated industries such as banking and telecom. The goal is to reduce operating costs, increase call capacity and efficiency, and improve customer satisfaction by learning from the entire customer journey.
Industries
Data & Analytics
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
201-500
Company Stage
Series B
Total Funding
$87M
Headquarters
Larnaca Municipality, Cyprus
Founded
2002
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Total Funding
$87M
Above
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Funded Over
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Omilia's customer support platform sees explosive growth with $67M funding boost. Aug 7, 2026 - 01:30 In a significant development for the customer support landscape, Omilia, a pioneering company in the industry, has raised a substantial $67 million in its latest funding round, underscoring the rapid growth of its innovative platform. The Series B funding, Omilia's second major capital injection since 2020, has catapulted the company's annual recurring revenue (ARR) to a robust $60 million, representing a mind-boggling 10-fold increase over the past three years. Omilia's impressive trajectory is a testament to the company's ability to deliver high-quality, AI-powered customer support solutions that resonate with businesses of all sizes. By harnessing the power of artificial intelligence and machine learning, Omilia's platform enables organizations to provide personalized, efficient, and effective support to their customers, ultimately driving customer satisfaction and loyalty. The company's remarkable growth has not gone unnoticed, with investors recognizing the vast potential of the customer support market. This latest funding round, which brings Omilia's total funding to-date to $107 million, is a vote of confidence in the company's vision and ability to execute. As the global customer support landscape continues to evolve, Omilia is poised to play a leading role in shaping the future of customer experience. With its cutting-edge technology and commitment to delivering exceptional support, the company is well-positioned to capitalize on the growing demand for innovative customer support solutions. Omilia's success story serves as a compelling example of how a well-executed business strategy, combined with innovative technology and a focus on customer needs, can propel a company to unprecedented heights. As the company continues to scale and expand its offerings, it will be interesting to see how Omilia's platform evolves to meet the changing needs of its customers. One thing is certain, however: with its latest funding boost, Omilia is firmly established as a major player in the customer support industry. "We're thrilled to have secured this significant funding round, which will enable us to further accelerate our growth and expand our platform to meet the increasing demand for innovative customer support solutions," said [Founder's Name], CEO of Omilia. The company's commitment to delivering exceptional support and its dedication to harnessing the power of AI and machine learning to drive customer satisfaction will undoubtedly continue to resonate with businesses looking to elevate their customer experience. As the customer support landscape continues to evolve, one thing is clear: Omilia is poised to play a leading role in shaping the future of customer experience, and its latest funding round is a testament to its vision and ability to execute.
Omilia raises $67M to challenge agentic AI hype. By Jim Lundy Customer support technology is undergoing a massive transformation as enterprise organizations seek to automate contact center interactions at scale. While emerging startups push generative artificial intelligence across every customer channel, enterprise buyers are increasingly scrutinizing the cost and operational efficiency of these deployments. This blog overviews the Omilia $67M Series B funding round and offers its analysis. Why did Omilia announce a $67M Series B? Omilia secured a $67 million Series B funding round led by Expedition Growth Capital to accelerate its global expansion and commercial momentum. The funding follows a period where the company increased its annual recurring revenue tenfold to reach $60 million through disciplined unit economics. The market has seen an influx of conversational startups attempting to replace traditional contact center processes entirely with large language models. Omilia offers a contrasting strategy by combining voice automation with multi-channel self-learning agents. Omelia asserts that deploying resource-heavy generative models for routine, basic queries creates unnecessary expense and operational overhead for enterprise IT budgets. The capital will primarily support expansion in the United States, including a new office and go-to-market hires. A major catalyst in this commercial expansion is the appointment of Chief Revenue Officer Nick Delis. Delis was instrumental in pushing AI agents (IVA, Agent Assist) into the customer base at Five9, bringing critical go-to-market execution and contact center leadership to the firm. Ryan Kam, formerly of Five9, also joined the Omelia as Chief Marketing Officer. This duality of marketing and go-to-market sales expertise should help Omelia move signifcantly faster. Analysis. This investment signals a pivotal shift in the enterprise customer experience market. Enterprise buyers are moving past the initial pilot phase of generative technologies and demanding verifiable return on investment. The modern contact center requires strict latency controls, high accuracy, and predictable cost structures that single-technology approaches often fail to provide. Omilia's architecture highlights a growing industry realization that general-purpose language models are inefficient for simple transactional requests. By pairing deterministic workflows for routine queries with self-learning agents for unstructured interactions, vendors can deliver higher interaction containment at lower operating costs. This focus on sustainable unit economics will become a primary benchmark for contact center technology procurement over the next three years. The addition of Nick Delis accelerates Omilia's transition from a specialized engineering provider to a direct commercial challenger against legacy contact center infrastructure. Competitors that rely exclusively on general-purpose generative architectures will face severe margin compression when scaling across high-volume enterprise environments. Established software providers will be forced to refine their agent strategies and pricing structures to compete with platforms that offer balanced, multi-tool operational models. What enterprises should do. Enterprise technology leaders should audit their customer experience roadmaps to ensure alignment with operational reality and long-term financial goals. Rather than deploying generative models across every touchpoint, organizations must evaluate hybrid agent frameworks that match specific technical capabilities to query complexity. IT and contact center executives should closely scrutinize vendor cost models before expanding pilot projects into enterprise-wide deployments. Assessing containment efficiency and underlying infrastructure overhead will prevent unexpected budget inflation as call and messaging volumes increase over time. Bottom line. Omilia's capital raise demonstrates that strong unit economics and predictable containment are overriding venture-driven hype in the contact center market. Technology executives must prioritize vendors that offer flexible agent toolsets and scalable operating costs over single-architecture platforms. Adapting your enterprise customer service strategy around pragmatic hybrid models will ensure long-term operational resilience and financial control. Related Blogs:
Omilia raises $67M to scale its customer support platform. Last updated: August 6, 2026 5:40 pm In that time, it has increased its ARR by 10x to $60 million... The Series B is the company's second fundraise since it last raised capital in 2020.
Omilia has raised $67 million in Series B funding led by Expedition Growth Capital to expand its self-learning agentic customer experience platform globally. The company's annual recurring revenue has grown more than tenfold since its Series A to surpass $60 million. Omilia serves large enterprises in regulated industries including banking, insurance, and healthcare. Its clients include Capital One, Discover, RBC, and Taco Bell. The platform handles some of the largest voice AI deployments, with one US bank processing over 1 million calls daily. The funding will support North American and global expansion, including opening Omilia's first US office in the second half of 2026. The company has made several senior appointments, bringing in executives from Five9. Omilia was named a Leader in The Forrester Wave: Conversational AI Platforms for Customer Service, Q2 2026.
Omilia raises $67M to scale its customer support platform. The Series B is the company's second fundraise since it last raised capital in 2020. In that time, it has increased its ARR by 10x to $60 million. The customer support industry has seen a massive influx of startups like Sierra, Decagon and Parloa trying to infuse AI into automating customer calls, chat and messages so companies can handle more queries at scale. But according to Athens-based Omilia, which has been working on automating voice calls and customer support since 2002, throwing AI at every process can be wasteful. The company's CEO Dimitris Vassos says that a large proportion of incoming customer support queries involve basic information, such as account balances, and there's little need to deploy large language models for such tasks. "We will use any available weapon to win the battle for customer service. Companies like Sierra, Decagon, etc. identify as generative AI companies. Their sole purpose is to deploy generative AI and limit themselves. You may have a bazooka, but if your enemy is near you, you need a knife. This is the reality of the contact center, where you need multiple tools," he said. Omilia itself has expanded its operations to building self-learning agents that can work across different customer contact points. To build that out, the company has now raised a $67 million Series B led by Expedition Growth Capital. This round is the company's second time raising capital after it raised $20 million from Grafton Capital in 2020. Since then, it has managed to increase its annual recurring revenue by 10x to $60 million. Vassos says Omilia's key differentiation lies in having great unit economics for both itself and its customers, and thanks to this approach, it hasn't needed large cash infusions as compared to its competitors. "In the next few years, we will see the companies that can offer real ROI prevail. We don't mind that we're not as sexy as ElevenLabs and Sierra on LinkedIn right now. We care about growing steadily and building the foundations for a billion-dollar revenue company in the next three years," Vassos said. Omilia's clients include Capital One, Discover, RBC, DWP, and PSEG, and Vassos said quick-service restaurants that have adopted voice-based ordering are now a big focus. The company already has Taco Bell as a client, and has deployed its tech across more than 1,000 outlets. Vassos said that it is in talks with two more quick-service restaurants in the U.S. But AI deployments can be quite hit or miss. In Taco Bell's case, a snafu in its ordering system reportedly allowed a customer to order 18,000 cups of water last year. Vassos maintains this incident never took place, and Omilia's logs didn't show it. Proyectos de Tecnología Informática SRL has reached out to Taco Bell to clarify, and Proyectos de Tecnología Informática SRL will update its story if Proyectos de Tecnología Informática SRL hear back. Omilia will use the fresh cash to open a new office in the U.S., a market that accounts for a significant chunk of its revenue. It will also bolster its go-to-market team, and is hiring a chief revenue officer, chief marketing officer, and a VP of revenue operations. The company has around 500 employees at the moment and expects its headcount to reach 600 by the end of the year.
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
201-500
Company Stage
Series B
Total Funding
$87M
Headquarters
Larnaca Municipality, Cyprus
Founded
2002
Find jobs on Simplify and start your career today