ConverSight Raises $9M in Series A Funding

ConverSight

ConverSight, an Indianapolis, IN-based decision unified intelligence solution provider, raised $9M in Series A funding.

The round was led by Surface Ventures with participation from Techstars, Augment Ventures, Elevate Ventures and existing investors.

The company intends to use the funds to accelerate its go-to-market teams in addition to continuous product innovation and feature expansion.

Led by CEO Ganesh Gandhieswaran, ConverSight works for an interaction between computer systems and business users. The artificial intelligence and analytics-based platform allows actionable business insights for enterprises through natural language conversations. The solution empowers users to engage with systems using simple dialogue, enabling organizations to make informed and accurate decisions through Natural Language Conversational Interaction, generative AI and its patented knowledge graph.

Since its last round of fundraising in 2022, the company has released major product updates including a new state of the art UI, expansions to its data science capabilities including an AI workbench, marketplace and GPT-powered modeling capabilities. The company has also been awarded SOC 1 Type 1 and 2 and SOC 2 Type 1 and 2 certifications. ConverSight most recently announced product features and capabilities with its ConverSight GPT release, equipping users with generative AI in the form of auto-generated executive summaries, recommendations and proactive insights so businesses can understand the what, how and what’s next.

FinSMEs

01/09/2023