isLucid raised €265,000 in a pre-seed round led by Coinvest Capital to expand AI solutions for contact centers.
PRIVATENov 19, 2024
Amount Raised
€265,000
Round Type
Pre-Seed
VilniusSoftwareArtificial IntelligenceSaasEnterprise SoftwareMessagingMachine LearningNatural Language Processing
Investors
AgmisBusiness Angels FundKatalista VenturesCoinvest Capital
Description
Vilnius-based isLucid has successfully completed its pre-seed funding round, securing €265,000 to support its expansion into Scandinavian and non-English-speaking markets. The funding will also aid in the development of its AI-powered platform for contact centers, which aims to enhance operational efficiency and customer experience.
Company Information
Company
isLucid
Location
Vilnius, Vilnius County, Lithuania
About
isLucid develops AI software tailored for Sales and Customer Success teams, focusing on enhancing communication and operational efficiency. Its primary product, CallCenter isLucid®, is a modular platform that transforms spoken conversations into structured text, offering features such as transcription, summarization, task organization, and agenda management to streamline workflows. The company also offers Meeting isLucid®, a Microsoft Teams assistant that integrates meeting transcripts with contextual insights, catering to professionals in fields like recruitment and consulting.
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