Slang.ai

Slang.ai

AI-powered 24/7 call answering service

About Slang.ai

Simplify's Rating
Why Slang.ai is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series A

Total Funding

$20.2M

Headquarters

New York City, New York

Founded

2019

Overview

Slang.ai provides an AI-powered call answering service designed to help businesses manage customer calls more effectively. This service operates 24/7, ensuring that no calls go unanswered, which is especially useful for businesses with high call volumes, such as restaurants and hospitality groups. The system works by utilizing artificial intelligence to handle incoming calls, allowing businesses to maintain customer service even when staff are busy. Slang.ai differentiates itself from competitors by offering a seamless onboarding process and a user-friendly interface, making it easy for new clients to adopt the service. The company's goal is to save businesses time, enhance customer service, and increase revenue by ensuring that every call is answered.

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Simplify's Take

What believers are saying

  • Recent $20 million funding boosts Slang.ai's expansion and innovation potential.
  • Celebrity endorsements enhance brand credibility in the hospitality sector.
  • Generative AI voice products improve customer satisfaction with human-like interactions.

What critics are saying

  • Competition from AI giants like Google and Amazon threatens market share.
  • Rapid AI advancements could render current offerings obsolete without innovation.
  • Economic downturns may impact Slang.ai's hospitality-focused client base.

What makes Slang.ai unique

  • Slang.ai offers 24/7 AI-powered call answering for high-volume businesses.
  • Seamless onboarding makes Slang.ai's technology accessible and user-friendly.
  • Integration with OpenTable enhances reservation support for restaurant clients.

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Funding

Total Funding

$20.2M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Slang.ai
$100M
GitHub

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Remote Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-6%

1 year growth

0%

2 year growth

1%
TipRanks
Sep 23rd, 2024
Slang.ai partners with OpenTable to offer restaurants with reservation support

Slang.ai partners with OpenTable to offer restaurants with reservation support.

PRWeb
Jun 7th, 2024
Slang.Ai Launches The Definitive Ai Technology Buyer'S Guide For Restaurants

"This guide is a game-changer for restaurant owners who want to stay ahead of the curve. It provides the knowledge and tools they need to harness the power of AI, transforming their operations and elevating the customer experience," said Alex Sambvani, co-founder and CEO, Slang.ai

PRWeb
Apr 23rd, 2024
Slang Releases The Ultimate Phone Guide For Restaurants

"The phone remains a critical touchpoint for customers and revenue. As leaders in this space, it's important that we provide actionable guidance to help our customers and the industry navigate the evolving communication technology landscape," said Alex Sambvani, co-founder and CEO, Slang.ai

TechCrunch
Feb 12th, 2024
Homebrew Targets $50M For New Fund

Venture capital firm Homebrew is targeting $50 million for a new fund, according to a new filing with the U.S. Securities and Exchange Commission.The filing comes as a bit of a surprise considering that Homebrew nearly two years ago said it was pursuing a more stage-agnostic evergreen model that would be funded solely by Satya Patel and Hunter Walk, Homebrew’s general partners. But many firms raise more than one fund at any given time to target particular opportunities; for example, some early-stage firms raise a second, opportunity-focused fund as well to supplement their main vehicle.TechCrunch reached out to Walk for comment regarding the new filing but he said he was not able to say anything publicly at this time.In March of 2022, Homebrew said it would have an open-ended fund structure with no termination date.The San Francisco-based firm, which historically focused on seed-stage investing, has made some 200 investments since its 2013 inception, according to Crunchbase. It has backed the likes of Winnie, Finix, Concentric AI, Mercury and Plaid, among others. Homebrew has seen at least three dozen portfolio companies exit, including Cruise, Weave and Cheddar.Most recently, it led the $12 million Series A round into Slang.ai, a platform that automatically answers the phone for restaurants, retailers and other types of brick-and-mortar businesses

FrenchWeb
Jun 29th, 2023
Réponse Négative D’Open Ai Pour Paris / Waze Licencie Ses Équipes / Ovhcloud En Bonne Forme.

Réponse négative d’OPEN AI pour Paris / WAZE licencie ses équipes / OVHCLOUD en bonne forme.Avec notre partenaire PLEO, ne perdez plus de temps avec les notes de frais!BREAKING NEWS:OPEN.AI installera finalement à Londres son bureau européen, alors que Paris était une option poussée jusqu’à l’Elysée où Sam Altman avait été reçu par Emmanuel MacronOPEN.AI fait également face à une plainte collective aux Etats Unis de la part de sociétés qui estiment que la société a scrappé une partie de leurs données sans leurs autorisations.920 000 euros sont attendues par la MAIRIE DE PARIS en 2024 au titre de la redevance attendue des 3 opérateurs de scooter en free floating, CITYSCOOT , YEGO et COOLTRA retenus. Reste à connaitre le coûts des installations à la charge de la Ville de Paris.Impasse pour les équipes publicité de WAZE , dont l’activité bascule au sein de la division publicitaire de Google. 500 postes devraient être concernés par cette restructuration, aucune information n’a été communiqué quant aux équipes françaises.Le voyage organisé de 7 influenceurs au sein d’un innovation center de SHEIN tourne au fiasco. Si ces derniers ont témoigné de leurs impressions positives à l’égard de la marque de Fast Fashion, les internautes n’ont pas été dupes de l’opération de communication et de nombreuses voix critiquant les influenceurs ont contraints la plupart d’entre eux à retirer leurs publications.Terminus pour TELESHOPPING qui est placé en redressement judiciaire, les activités de ventes à distance représentaient plus de 250 millions d’euros chaque année au plus fort de l’activité. Le concept avait été importé par Pierre BELLEMARD à la fin des années 80. La société qui avait abordée internet dans les années 2000 n’avait jamais réussi à porter son activité dans l’eCommerce.A LIRE:TOOLBOX: LA STARTUP A SUIVRE, PLEOTéléchargez le nouveau baromètre FUTURE OF FINANCE de notre partenaire PLEO et découvrez les grandes tendances de la transformation de la fonction finance au sein des TPE et PME en 2023

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