Kapiche, an Australian startup that provides an AI-powered text analytics software platform, raised $1.75M in funding.
The round was led by Main Sequence Ventures, with participation from Transition Level Investments, the Queensland Government’s Business Development Fund and River City Labs Accelerator Fund.
The company intends to use the funds to accelerate its global expansion.
Co-founded by Kris Rogers and CEO & Founder Ryan Stuart, Kapiche provides an AI-powered text analytics software platform for businesses to analyze and understand large volumes of text generated from customer and employee survey responses, including NPS (Net Promoter Score), eNPS (Employee Net Promoter Score), CSAT (Customer Satisfaction) and product reviews.
The company’s customer base includes American Express, Nissan, Toyota, Global elevator manufacturer Schindler, and a Silicon Valley based social networking app.