PolyAI

PolyAI

Develops customized voice assistants for businesses

About

PolyAI creates customized voice assistants for businesses, particularly in the customer service sector and call centers. These assistants handle customer inquiries in multiple languages, reducing hold times and improving satisfaction. They can be quickly integrated into existing systems without major changes, and PolyAI's goal is to turn call centers into revenue-generating operations. The company has achieved notable success in the hotel industry, generating significant revenue and high customer satisfaction scores.

Company Stage

Series C

Employees

201-500

Industries

Consulting, AI & Machine Learning

Total Funding

$115.1M

Headquarters

London, United Kingdom

Founded

2017


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Simplify's Take

What believers are saying

  • Partnership with AWS boosts scalability and security for enterprise clients.
  • Collaboration with OpenTable expands PolyAI's reach into the restaurant industry.
  • Strategic alliance with AVANT increases market penetration through an extensive network.

What critics are saying

  • Teneo.ai's multilingual agent poses a competitive threat to PolyAI's language capabilities.
  • AI hallucinations could undermine the reliability of PolyAI's voice assistants.
  • Generative AI startups in London may increase competition for talent and investment.

What makes PolyAI unique

  • PolyAI's voice assistants support 10 languages, enhancing global customer service capabilities.
  • Quick deployment in six weeks or less sets PolyAI apart from competitors.
  • PolyAI's seamless integration into existing tech stacks minimizes disruption for businesses.

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Growth & Insights
Headcount

6 month growth

23%

1 year growth

29%

2 year growth

38%

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