NLX, a NYC-based provider of an end-to-end enterprise AI platform to power customer experiences for large and enterprise brands, raised $12M in Series A funding.
The round was led by Cercano and joined by Thayer Ventures and HL Ventures. Initial investors IAG Capital Partners, JetBlue Ventures and Tech Square Ventures’ Engage also participated.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Andrei Papancea, NLX provides an end-to-end enterprise AI platform for creating, managing, deploying and analyzing chat, voice, and multimodal conversational applications. The platform leverages generative AI, cloud software, and its voice, chat and multimodal conversational AI technology to enable brands to manage conversational deployments across their entire enterprise, while providing modularity and access to AI models from providers like Amazon, Google, Microsoft, and the Open Source community.
Customers include Red Bull and Copa Airlines. NLX has also engaged with teams at Comcast following their participation in the Comcast NBCUniversal LIFT Labs accelerator program. Its largest deployment is rolled out in 90 countries and over 65 languages and locales.
FinSMEs
26/02/2024