Moveo.AI Raises $2.6 Million in Seed Funding Led by Eleven Ventures
Moveo.AI, a London-based enterprise conversational AI startup, is making waves in the industry with its recent $2.6 million seed funding round led by Eleven Ventures, with Uni.Fund and Charge.vc also participating. This funding will enable Moveo.AI to enhance its platform capabilities and proprietary LLMs, focusing on providing enterprises with personalized AI solutions.
What sets Moveo.AI apart is its unique blend of workflow automation with Generative AI. Their LLMs are fine-tuned to enhance customer experience in business settings, surpassing third-party models like GPT-4 in various CX-related metrics. This has led to exponential growth for Moveo.AI, with a growing customer base that includes big names like Betano, Allianz, and Alpha Bank.
The company’s CEO and co-founder, Panos Karagiannis, expressed excitement about the new funding round, highlighting the team’s dedication and mission to provide secure, personalized AI solutions for enterprises. With these new resources, Moveo.AI aims to expand its team, enhance its platform capabilities, and enter new markets, including the Americas.
Partner at Eleven Ventures, Svetozar Georgiev, also shared his enthusiasm for Moveo.AI’s potential to revolutionize customer engagement through AI technology. He emphasized the importance of instant, accurate, and relevant interactions in today’s customer journey, something that AI can deliver effectively.
Moveo.AI’s recognition in prestigious events like the Mastercard Fintech Forum and the Visa Innovation Program Europe further solidifies its position as a leader in the AI space. With a growing user base of over 10 million users in 89 countries and speaking 21 languages, Moveo.AI is poised for continued success and innovation in the enterprise AI solutions market.
As Moveo.AI continues its international expansion and forges strategic partnerships, the future looks bright for this innovative AI startup. Stay tuned for more exciting developments from Moveo.AI as they continue to revolutionize the way businesses interact with customers through AI technology.
