Sherpa.ai, a Bilbao, Spain- and Palo Alto, CA-based language digital voice assistant and global leader of AI-powered digital predictive assistants, raised $8.5m in Series A funding.
The round, which will bridge the company until its Series B funding round anticipated to close later this year, was led by Mundi Ventures, with participation from the Chairman and CEO of British Airways, Alex Cruz, for a total raise of $15m to date.
The company will use the new funding to accelerate the development of its conversational AI platform and predictive voice-enabled digital assistant for consumers and businesses.
Led by Xabi Uribe-Etxebarria, founder and chief executive officer, Sherpa.ai is responsible for creating Digital Assistant technology based on Artificial Intelligence algorithms with conversational and predictive abilities that allow the assistant to learn about the users and anticipate their needs before they ask. The technology is designed for manufacturers of consumer products like cars, intelligent headphones, home speakers, appliances, and electronic accessories that are looking to add intelligence to their products and explore new business models based on offering digital services.
Sherpa.ai also has an application for smartphone and tablet consumers. It has been preinstalled on Samsung smartphones since 2016 and has a product for cars, thanks to an agreement with Porsche.
The app is available for download on Android and iOS.
FinSMEs
24/01/2019