The Venture Codex Logo

The Venture Codex

Exceed.ai

966 Durlane Court, Sunnyvale, California, 94087, United States

Overview

Exceed.ai offers a conversational AI marketing assistant that automatically qualifies leads via email, webchat and SMS and books meetings on sales reps' calendars. The company says its proprietary natural language processing engine achieves a 97% accuracy rate in understanding lead responses and is patent-pending. Exceed.ai serves enterprise customers including Demandbase, SugarCRM, CBORD and Universal Robots. Founded in 2017 and Tel Aviv-born, the startup is currently headquartered in San Francisco. It raised $4 million in seed funding to scale its AI assistant. The new capital will be used to expand into new markets. Exceed.ai provides an AI-driven chatbot solution that enables brands to increase revenue and customer loyalty through personalized one-on-one conversations across messaging applications. The platform uses natural language understanding and artificial intelligence and integrates with enterprise product catalogs, knowledge bases, CRMs and other back-end systems to automatically create conversational user experiences. Global companies are already using the chatbot for sales, marketing and user engagement. The company was founded early in 2016 and is part of the third wave of alumni from the SigmaLabs accelerator in Tel Aviv. Exceed.ai currently employs a team of 8. The company intends to use the new funding to expand its engineering team.

Total raised
$6M
Funding rounds
2
Latest round
Seed
Latest activity
Dec 2020

Industries

  • Artificial Intelligence (AI)
  • Machine Learning
  • Marketing Automation
  • Sales Automation
  • Virtual Assistant
Visit website

Recent funding

  1. Seed

    Dec 2020

    $4M

  2. Equity

    Feb 2017

    $2M

Team

  • Ilan Kasan

    Co-Founder and CEO

    LinkedIn
  • Amotz Hoshen

    CTO

  • Jennifier Kole

    Customer Success Manager

    LinkedIn
  • Matthew Lopez

    Business Development Manager

    LinkedIn