fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home AI & Big Data

Singapore voice AI startup AI Rudder bags $10m in Series A funding

Team AsiaTechDaily by Team AsiaTechDaily
16 November 2021
in AI & Big Data, Featured
0
TC Ventures

Photo by Mike Enerio on Unsplash.

7
SHARES
Share on FacebookShare on Twitter
Bookmark(0)

Please login to bookmark

No account yet? Register

AI Rudder, a voice AI startup based in Singapore, secured $10 million in a Series A funding round co-led by Sequoia Capital India and Sequoia China Seed Fund, according to its latest announcement.

The funding round was also backed by existing investors Zhen Fund, IMO Ventures, Zizhu Xiaomiao Fund, and Huashan Capital. The funds raised will be used to fuel overseas expansion and enhance product capabilities for the Singapore-based voice AI startup.

AI Rudder, founded in July 2019, uses voice AI technology to help businesses solve B2C communication challenges across a range of different industries, such as banking and finance, fintech, and ecommerce.

Its notable clients include fast-growing companies like Kredivo, Adira Finance and FinVolution.

“Consumers want faster, frictionless experiences while interacting with brands and their services, and AI Rudder’s technology makes this possible at scale. With the new funding, we will be able to support more languages and expand our capabilities, enabling our mission to boost customer experiences across industries,” said Kun Wu, Co-Founder and Managing Director, AI Rudder.

The company’s previous funding includes a $1 million seed round in January 2020 and $2 million extension of the seed round in June 2020. Since then, the business has grown its revenue fourfold and acquired 5 times more customers. The team size has also increased from 30 to 100 in the same period.

Aside from global expansion, the company said it will also be focusing on hiring new talent across various functions, including GTM (Go To Market), sales and marketing, and solutions consulting. These roles will be based at the company’s headquarters in Singapore and will be responsible for overseeing global and regional operations.

Rohit Agarwal, Principal at Sequoia India, said business to consumer voice communication is a $300-billion market, buoyed by companies’ efforts to digitise every aspect of their business at an accelerated pace.

“We are excited about the applications AI Rudder is building to help companies make human-like calls at lightning speed and automate collection and analysis of data to reach and activate more customers“, Agarwal added.

What are your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Previous Post

Vietnam-based B2B ecommerce startup Kilo raises $5million pre-series A funding

Next Post

PH’s insurtech startup Maria Health scores fresh funding

Related Posts

Allinfra
Featured

Nomura leads $6m Series A in climate tech startup Allinfra

May 25, 2022
ADDX
Featured

Private market exchange ADDX raises $58m in pre-Series B funding

May 24, 2022
Pebble
Featured

Fintech startup Pebble raises $6.2m, to launch app in SE Asia

May 24, 2022
anycover
Featured

SG insurtech startup anycover nets $450k, eyes expansion into Malaysia, Indonesia

May 20, 2022
Grab
Featured

Grab reports 6% revenue rise in Q1 2022

May 19, 2022
Antler
Featured

Venture investor Antler commits $100m to over 300 startups in SE Asia in 4 years

May 19, 2022
Next Post
Maria Health

PH's insurtech startup Maria Health scores fresh funding

Discussion about this post

No Result
View All Result

FREE NEWSLETTER

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo