Ask-AI Raises $9M In Seed Funding

Ask-AI, a Tel Aviv, Israel-based NLP powered direct answer and insight surfacing platform, raised $9M in Seed funding.

The round was led by Vertex Ventures and State of Mind Ventures, with participation from Web Summit, Firsthand Fund, GTMFund, Interplay Ventures, Geffen Capital, AGP, Guidestar, Ran Sarig and Efi Cohen, Barak Goldstein and Yakir Daniel.

The company intends to use the funds to accelerate growth, expand operations and its business reach.

Led by CEO Alon Talmor, Ask-AI has developed technology that combines Artificial Intelligence and Natural Language Processing with an understanding of questions and human discourse and the ability to automatically analyze long texts and summarize them in one sentence. The system identifies recurring questions and problems and makes it possible to receive business, process, and product answers and insights from all the organization’s information sources, including Slack, emails, chats, databases, monitored calls of call centers, and more, to improve customer experience, organizational knowledge, and employee efficiency. The system uses questions for which it cannot find answers to learn, improve and help drive knowledge creation, effectively becoming the central organizational Knowledge Base. The platform allows managers and employees to receive answers and insights from all internal knowledge and customer communication sources. The company currently operates in a SaaS model and counts Ownbackup, Yotpo, Armis, Coralogix, Claroty, WalkMe, and others as its customers and design partners.

The team also includes Prof. Jonathan Berant, Dafna Lavran, and Eyal Medar.