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Edgetier Secures €6M Series A Funding To Revolutionise Customer Experience Management With Ai

Jun 13, 2023over 2 years ago

Amount Raised

€6 Million

Round Type

series a

RanelaghNatural Language ProcessingCustomer ServiceMachine LearningEnterprise SoftwareSaasArtificial IntelligenceSoftware

Investors

BarclaysJp MorganCaps ResetEscapeJp Morgan & BarclAct Venture CapitalEpisode 1Smedvig Capital

Description

EdgeTier, a company specialising in AI-powered solutions to enhance customer experience in contact centers, announced today that it has successfully raised €6 million in a Series A funding round. The funding was led by Smedvig Capital (that backed Mavenoid), with participation from Episode 1 and Act Venture Capital.

Company Information

Company

EdgeTier

Location

Ranelagh, Dublin, Ireland

About

EdgeTier deliver high-quality analytics products and services to our clients in the areas of customer service, customer simulation, and analytics services. Customer service is changing. Customer expectations are rising. Faster response times, better service, faster time to resolution are basic expectations bundled with inbound requests. EdgeTier combine domain knowledge with specialist technical skills to deliver high-impact statistical insights, predictive models and data-driven business advice. Arthur is EdgeTier's automated agent assistant which works seamlessly with customer service agents to answer customer queries more efficiently and accurately, yet retaining a personal touch for every customer. Arthur uses cutting edge analytics, machine learning, automation, and artificial intelligence technology to generate personalised and accurate responses to every customer query. Customer contact centres using Arthur are seeing reductions in average handling times of up to 80% for inbound customer queries - get in touch with us now to see how Arthur can revolutionise your contact centre.

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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