Voice AI platform ConverseNow secured $10 Million in Funding

ConverseNow, a Texas-based provider of a voice AI technology platform for restaurants, has now secured $10 million in a funding round.

ConverseNow was founded by Vinay Shukla. It provides voice AI-powered virtual ordering assistants for restaurants to automate the order-taking process from high-volume voice channels. Live in more than 1200 restaurants across the 40 states, ConverseNow serves some of the country’s top restaurant brands such as Domino's Pizza, Fazoli’s and more at various stages of development.

Executive Opinion

Rahul Aggarwal, Co-Founder, COO and Chief Product Officer for ConverseNow, said, "We’ve seen remarkable results with the customers we’re live with now. Our engineering and product teams have made the impossible possible, and now it’s time to scale these efforts to deploy with more brands, in more stores. We’ve developed a robust product suite with a growing list of patents to train the AI quicker, integrate with necessary hardware and software providers, and provide analytics for each operator to unlock never-before-seen insights. We’re excited to bring this value to many more leading restaurants."

Rajiv Bala, General Partner at Clutch VC, who led ConverseNow’s seed round in 2020, said, "ConverseNow is driving the explosive category of voice AI for restaurants. The addressable market is enormous, and it’s incredibly important that a partner like EHI can come in to help ConverseNow seize its market potential. You’ve got two seasoned technology veterans in [Co-Founders] Vinay and Rahul, who in teaming up with the industry veterans in EHI, are an unstoppable force."

ConverseNow's Latest Funding

The round was backed by Enlightened Hospitality Investments (EHI), which joined the ConverseNow Board of Directors team.

The company, as of now, has plans to use the new funds to scale deployment across many of the nation’s leading restaurant brands and scale their technology.
PC: Pixabay

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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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