"As we look to enhance our Gen AI-powered innovations and drive wider adoption across a variety of market segments, we are pleased to have the backing of FTV Capital, a firm that has significant experience in our space and invaluable connections across the enterprise to augment our exciting growth trajectory," Raj Koneru, founder and CEO of Kore.ai, said in a statement on Tuesday.
“We’ve spent significant time examining the landscape and evaluating advanced-AI platforms, and Kore.ai clearly stood out with its proven enterprise-grade platform capabilities, visionary leadership, strong R&D focus, established global customer base and clear path to profitability,” Kapil Venkatachalam, partner at FTV Capital, said.
The company said it automates 450 million interactions a day for about 200 million consumers and two million enterprise users worldwide.