AI or Artificial Intelligence seems to be the next frontier for science. It certainly seems that way since we are trying to create smarter systems everyday that can do more than humans ever could. The demand for advanced AI system isn’t going to drop anytime soon and the latest interest shown in this field by investors reiterates this notion. The Munich-based AI startup e-bot7 has secured €5.5 million in Series A funding, which will be utilised to further expand its reach in the European market.
Founded in 2016, the AI startup e-bot7 quickly established itself as an innovative and notable AI provider in Europe. Recently, the company was also listed in Forbes magazine’s Top 10 AI Startups. Alongside delivering complex NLP algorithms and keeping implementation costs low, e-bot7 offers an AI hybrid solution. It also integrates AI into existing or new CRM systems to increase the efficiency of customer service operations. The company’s offering analyses incoming messages and forwards them to the right department.