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CoRover raised $4 million in a Series A round led by Venture Catalysts to enhance its conversational AI technology and expand its market reach.

Sep 24, 2024•about 1 year ago

Amount Raised

$4 Million

Round Type

series a

BengaluruInformation Technology

Investors

Lead AngelsKarekeba VenturesCogniphy LlcIiit Delhi (I Hub Anubhuti Iiitd Foundation)Iim Calcutta (Innovation Park)Can Bank Venture Capital FundVenture Catalysts

Description

CoRover, a conversational AI startup, raised $4 million in a Series A funding round led by Venture Catalysts. The funding will enable the company to develop its technology and accelerate its go-to-market strategy while improving its offerings for various industries.

Company Information

Company

Corover.ai

Location

Bengaluru, Karnataka, India

About

CoRover® is the world’s first and the highest ROI delivering human-centric Conversational and Generative AI platform; which is secure, scalable and reliable; equipped with patent-pending tech (based on AI, ML, NLP, AR & VR); and powers Multi-Format (AI VideoBots, AI VoiceBots, AI ChatBots), Multi-Lingual (100+ Languages) and Multi-Channel/Omni-Channel AI Virtual Assistants being used by 1 Billion+ Users.

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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