Kore.ai, an enterprise conversational and generative artificial intelligence (AI) platform, has successfully secured $150 million in a funding round. The funding was led by FTV Capital, with participation from Nvidia and existing investors, including Vistara Growth, Sweetwater PE, NextEquity, Nicola, and Beedie.
The primary objective of this funding is to accelerate market expansion and drive innovation in AI. Kore.ai, known for its Gen AI-powered innovations, aims to enhance its platform capabilities and achieve wider adoption across various market segments said by Raj Koneru-Founder of Kore.ai.
The funding round highlights Kore.ai’s proven enterprise-grade platform, visionary leadership, strong research and development focus, an established global customer base, and a clear path to profitability.