EvaBot Raises $10.83 Million in Funding

evabot

EvaBot, a San Francisco, CA-based emotionally intelligent relationship solution that helps companies build and accelerate customer and employee relationships, raised $10.83m in funding.

The round included $8.33m in Series A and $2.5m debt financing, led by Comcast Ventures, with participation from Alumni Ventures, Bloomberg Beta, Precursor Ventures, Forefront Venture Partners, and Silicon Valley Bank.

The company, which had previously raised $3m in pre-seed and seed funding, intends to use the funds to expand operations and its business reach.

Co-founded by Rabi Gupta, Satwick Saxena, Ashish Kumar, and Akshay Gupta, EvaBot is an emotionally intelligent gifting solution that enables thoughtful companies to accelerate the key relationships that increase both growth and competitive advantage. Once a sender shares a universal, dynamic link via email or text, the recipient can start answering a few engaging questions about their likes, preferences, or lifestyle. After about 3-4 minutes, EvaBot can select and send the perfect personalized surprise gift tailored to the recipient’s tastes, packaged in a company’s own branded box along with a handwritten note. EvaBot does not require any downloads for the recipient.

It is used by teams across multiple industries including real estate, customer engagement, employee engagement, sales, and marketing.

EvaBot has shipped more than 125,000 unique, personalized gifts to date with 90 percent customer satisfaction. The team is headquartered in San Francisco with staff based in Dallas, Texas, as well as Canada, and India.

FinSMEs

15/08/2022