Ask-AI Raises $11M in Series A Funding

Credit: Ask-AI
Credit: Ask-AI

Ask-AI, a Tel-Aviv, Israel-and Toronto, Canada-based provider of an AI answers and insights solution for enterprises, raised $11M in Series A funding.

The round, which brought the total amount to $20M, was led by Leaders Fund with participation from seed investors Vertex Ventures, State of Mind Ventures, GTMFund and others.

The company intends to use the funds to expand operations and its development efforts.

Led by Founder and CEO Alon Talmor, Ask-AI provides a generative AI solution designed to enhance efficiency in repetitive tasks, knowledge management, and understanding the voice of the customer. Connecting to more than 50 enterprise work systems such as Salesforce, Zendesk, Confluence, Jira, Slack, Google Drive, Teams, and many other customer communication and knowledge sources, it ingests, analyzes and understands enterprise knowledge. The solution integrates that knowledge into an employee’s workflow to help them be more productive, providing multiple use cases for customer support, success, product, R&D and sales. 

Customers include Monday.com, Callrail, Yotpo, HiBob, Own, Instawork, and more. 

Currently a team of 40 people across Tel Aviv and Toronto, Ask-AI plans to double over the next 12 months.

FinSMEs

10/01/2024