Symbl.ai

Symbl.ai

AI platform for conversational intelligence

About

Symbl.ai specializes in artificial intelligence that processes and understands natural human conversations. The company provides tools and solutions that help businesses gain insights from spoken interactions, primarily targeting developers, technology companies, and enterprises. Symbl.ai operates on a platform-as-a-service (PaaS) model, allowing clients to access its AI capabilities via the cloud and pay based on usage, which offers scalability for both small and large clients. The company generates revenue through subscription fees, usage-based pricing, and custom solutions for larger clients. By offering a robust API, Symbl.ai enables developers to integrate conversational intelligence into their applications, improving user experiences. The company aims to transform business interactions with human conversations through its advanced AI platform.

Company Stage

Series A

Employees

11-50

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$23M

Headquarters

Seattle, Washington

Founded

2018


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Simplify's Take

What believers are saying

  • Partnership with Recall.ai expands Symbl.ai's reach in voice and video applications.
  • Summarization API attracts businesses seeking productivity and communication enhancements.
  • Rising NLU market demand presents growth opportunities for Symbl.ai's services.

What critics are saying

  • Competition from tech giants like Microsoft and Google threatens Symbl.ai's market share.
  • Closure of Techstars Seattle limits networking and mentorship opportunities for Symbl.ai.
  • Competitive fundraising environment may impact Symbl.ai's ability to secure future funding.

What makes Symbl.ai unique

  • Symbl.ai offers real-time conversational intelligence analysis, unique in the AI market.
  • The platform-as-a-service model provides scalable, flexible AI solutions for diverse clients.
  • Symbl.ai's robust API enables seamless integration of conversational intelligence into applications.

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Growth & Insights
Headcount

6 month growth

-24%

1 year growth

-16%

2 year growth

-35%

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