Amelia Announces $175 Million Investment From Buildgroup And Monroe Capital

Mar 07, 2023•almost 3 years ago

Amount Raised

$175 Million

New YorkSaasArtificial IntelligenceSoftwareNatural Language ProcessingMachine Learning

Investors

Td CowenGoldman Sachs & Co LlcMonroe CapitalBuild Group

Description

Amelia, the enterprise leader in Trusted AI, today announced a $175 Million Strategic Investment from BuildGroup and Monroe Capital that will provide financial capital and business leadership. Goldman Sachs & Co LLC and TD Cowen advised the Company on its raise.

Company Information

Company

Amelia

Location

New York, New York, United States

About

Amelia is the enterprise leader in Trusted AI. As an AI pioneer, Amelia has a proven track record of innovation in automation and Conversational AI. Amelia's platform captures the rapid innovation of AI ecosystems and transforms these innovations into enterprise-grade products. Enterprises use Amelia to drive revenue in conversational experiences and enable productivity through operations automation. Amelia is consistently recognized by analyst firms as a market leader. Enterprises trust Amelia's products and solutions to serve customers globally. Learn more at amelia.ai. Media Contact: media@amelia.ai

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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