Kore.ai Secures $150 mn Strategic Growth Investment
Kore.ai, a leader in enterprise conversational and generative AI platform technology, has secured $150 million in funding. The investment was led by FTV Capital, a sector-focused growth equity investor, and included participation from NVIDIA and other investors.
The funding will accelerate Kore.ai’s market expansion and continuous innovation in AI, aiming to deliver tangible business and human value at scale. The AI market is experiencing rapid growth, with Gartner estimating the conversational AI market to reach $377 billion in revenue by 2032.
Kore.ai offers an enterprise-grade no-code platform that helps companies power business interactions with AI safely and responsibly, driving significant revenue and cost savings.
The platform offers purpose-built workflows, highly configurable tools, and a flexible, open architecture, allowing teams to craft custom solutions or deploy pre-built, domain-trained virtual assistants across various industries and functional roles.
(With inputs from Shikha Singh)
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