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Language I/O raised $5M in a seed funding led by Gutbrain Ventures for AI-powered multilingual customer support technology.

Jul 24, 2024over 1 year ago

Amount Raised

$5 Million

Round Type

seed

CheyenneOtherSustainabilityProfessional Services

Investors

Bob DavoliGutbrain Ventures

Description

Language I/O, a leader in AI-powered, multilingual customer support technology, announced a $5M fundraise led by Gutbrain Ventures, with participation from several new venture firms. The investment is in line with increased demand for AI-powered multilingual customer support and Language I/O's go-to-market success.

Company Information

Company

Language IO

Location

Cheyenne, Wyoming, United States

About

Language I/O's software enables monolingual (i.e., English speaking-only) customer support teams to chat, email, and provide self-service support in over 100 languages in real-time. With our unique machine translation technology, we can get your team up and running with accurate, secure translations for your company and industry within 24 hours. Our GDPR compliant and ISO-27001 certified software integrates with all major customer relationship management systems (CRMs) including Salesforce, Zendesk, and Oracle. By providing translations to your customer service agents in the platforms they already use, we empower them to respond to customer email and chat queries with the click of a button.

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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