Capacity Closes $38M Series C Funding

Capacity

Capacity, a St. Louis-based AI-powered support automation platform, raised an additional $27m in Series C financing, closing out the round at more than $38m.

The round was led by existing investors. To date, Capacity has raised over $62m.

These funds will be allocated to support new team members, enhance product capabilities and optimize the company’s support automation platform. 

Founded in 2017 by David Karandish and Chris Sims, Capacity provides an AI-powered support automation platform that connects a tech stack to answer questions, automate repetitive support tasks, and build solutions to any business challenge. As businesses continue to invest in the tools and technologies needed to help people do their best work in the modern era, Capacity empowers teams to work productively and cohesively regardless of location.

FinSMEs

19/01/2022