Inventive: $6 5 Million Raised To Build Embedded AI For SaaS Companies

These supporting services need not exist in the Orchestrator’s local environment (e.g., in the same Kubernetes cluster). In fact, these services will often be located in locations other than the Orchestrator’s due to concerns around data sensitivity, regulatory compliance, or partner business constraints. In other cases, where the supporting services may not represent a core competency or value proposition of the enterprise that owns the AI app, the service may simply be a black box, abstracted behind a SaaS interface. The latest round of funding would help Rocketlane to advance its AI capabilities, enabling a better understanding of customer feedback and improving project delivery for professional services teams. AI will impact the scope, and skills required for all job markets, but perhaps none more so than of the developer.

• The US has seen a proliferation of AI-powered legal software companies, with dozens of startups tackling various aspects of legal work.
• This ability to combine these many functions in one solution makes ActiveCampaign well-suited for multichannel automation, a functionality highly important for today’s sales teams.
• The company targets its solutions for elite law firms and professional services firms, now offering its tools and support through a Microsoft Azure professional services platform.

Others, like Cursor, are model agnostic and are focused on the developer experience, interface, and workflows. This landscape is a good example of the capital intensity of model-layer AI companies; Magic.dev, Augment, Poolside, and Devin have each raised $150M+ in the last couple of years. Inventive, a Silicon Valley-based startup transforming enterprise SaaS with embedded AI, has officially launched with a $6.5 million seed funding round. Led by Wing VC (known for backing AI-first companies like Snowflake, Pinecone, and Gong) this investment includes contributions from Tokyo Black and a prominent group of angel investors, featuring former Google and Meta executives.

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We have also seen an explosion of tools in more specific developer domains — from SecOps in security to SRE to QA and pen testing. These tools use LLMs to abstract away low-level complexity and automate highly time-consuming, painful engineering tasks, freeing up engineering resources for higher-order tasks. The integration of AI in DevOps processes will enhance CI/CD pipelines, automated testing, and deployment strategies, leading to faster and more reliable software delivery. A year later, we have total conviction in the promise of AI — we’ve backed multiple new investments in AI startups and the broad adoption of LLM technology in nearly every portfolio company roadmap.

In January 2021, the company announced that it had acquired Emotion Research Lab, a software developer that used AI and machine learning to identify emotion and engagement levels in real-time over video-based interactions. Building mission critical conversational AI requires machine learning, conversation data, sound engineering, and powerful tools to design, analyze, and improve conversational AI workflows. Rasa makes powerful conversational AI research and tools available to developers who don’t have the resources to build from scratch, and to organizations that want to focus on solving interesting problems without reinventing the wheel. You can foun additiona information about ai customer service and artificial intelligence and NLP. OpenDialog provides a completely unique approach to developing rich conversational interfaces to your systems and business processes. The conversational AI platform designs, develops and deploys smarter human-to-machine conversations.

One example from our portfolio is Ada, which has taken advantage of recent voice breakthroughs to expand their chat-based customer support product to incorporate conversational voice. Spot AI’s platform includes a range of features, including audience segmentation, customer tracking, and real-time analytics, making it a powerful tool for businesses looking to optimize their marketing and sales strategies. Founded in early 2021 by Jyoti Joshi, Kroop offers a suite of AI tools that enable users to detect whether an image, video, or voice is AI-fabricated, AI-generated or real.

Static vs. Dynamic Websites: Choosing the Right Approach for Web Development

It is the preferred choice for businesses ranging from small enterprises to Fortune 1000 companies, looking for a scalable and innovative training and development solution. Sprinklr, a New York City-based enterprise software company, leads in transforming customer-facing functions. Their Unified Customer Experience Management (Unified-CXM) platform, driven by advanced AI, ensures consistent human-centric experiences across modern channels. Operating globally with 25 offices in 16 countries, Sprinklr collaborates with over 1,400 enterprises, including major brands like Microsoft, P&G, and Samsung, representing over 50% of the Fortune 100. Rasa Open Source also uses machine learning policies and dialogue management to handle nonlinear conversations and messy human behavior.

The rise of generative AI startups underscores the importance of this technology, as it enables all manner of content creation, making AI more accessible and useful to a larger audience. Among the many advantages, breakthrough innovations in areas like medical imaging and drug discovery are now possible to develop at scale because of generative AI. This technology can also better define, contextualize, and automate business operational tasks than previous types of AI ever could, meaning it’s already being applied to many enterprise use cases.

The startup boasts of 15 proprietary AI models that have been trained on more than 80 Mn visuals and keywords. The company counts Techstars, Silver Lake, 8VC, Red Ventures and AV8 Ventures among its investors. The startup made headlines in January 2024 when it became the first pure-play AI startup in India to hit a unicorn valuation over its recent $50 Mn funding round. So far, it has secured $74 Mn in funding, becoming one of the most well-funded AI startups in the country, from backers such as Matrix Partners India. Founded in 2017 by Sharath Keshava Narayana and Swapnil Jain, Observe AI is a conversational intelligence platform for contact centres. In line with the growing market opportunity in this space, we have endeavoured to collate a list of Indian startups that are causing a stir in the rapidly evolving Indian GenAI space.

Alongside this, Boltzmann’s technology stack includes four platforms that aid in clinical trials, disease diagnosis, and the design and discovery of vaccines and antibodies. Features hold the most weight in our evaluation process, as this is a key area for businesses to determine which tool might best meet their needs. We also evaluated the quality of reporting tools and the ability to personalize the software, and whether it offers data-driven support and integrates with other tools.

“That evolution is happening really quickly, and these are areas that we can get out in front and have the tools that our customers are looking for,” he added. SigTuple is leveraging AI, robotics and cloud computing to digitize pathology with a series of intelligent screening solutions. These diagnostic devices aim to democratize microscopy — an entirely manual process — by providing automated cell identification aided by remote review, widening access to healthcare. Intello Labs is an AI startup using computer vision to digitize the quality assessment process of fresh produce in an effort to minimize food waste.

Its flagship offering also includes creating AI presenters and automating dubbing and translation to create videos in more than 140 languages. Founded in 2023 by former Freshworks executives Ramesh Ravishankar and Srivatsan Venkatesan, Highperformr.ai taps into generative AI (GenAI) to offer a one-stop-shop social media management platform for businesses. The startup’s proprietary AI platform helps its clients in understanding market trends and behaviour of their target customers, thereby optimising campaign performance. The platform then connects brands with creators who can craft videos that resonate with their target audience. Backed by the likes of Capital2B (Info Edge), IvyCap ventures, Upsparks Capital, the Bengaluru-based startup has raised more than $2.4 Mn in funding till date. The Bengaluru-based horizontal AI startup has raised $2.4 Mn till date and is backed by the likes of names such as Stellaris Venture Partner, Blume Ventures, Gemba Capital, peercheque, among others.

Founded in 2017 by Satish Chandra Gupta, Giridhar Murthy, and Kumar Rangarajan, Slang Labs allows brands to deploy voice assistants within their apps. The two-year-old startup is bootstrapped and is yet to raise capital from external investors. Founded in 2021 as NeuralGarage, VisualDub.ai is the brainchild of IIT Kanpur alumni Mandar Natekar, Subhabrata Debnath, Anjan Banerjee and Subhashish Saha. The GenAI startup is developing a proprietary tool, VisualDub, which syncs recorded voice overs with lip movement and visual cues. It also caters to the fraud detection market with its voice biometrics product, which is largely centred on its clients in the BFSI sector.

By leveraging AI-driven insights, businesses can make data-informed decisions with confidence. AI SaaS platforms analyze vast datasets in real time, uncovering actionable insights that drive strategic decision-making and fuel business growth. Thus, empowering businesses to extract actionable insights, automate routine tasks, and personalize user experiences at scale.

Powered by 3D data, Findem’s automated workflows across the talent lifecycle are the ultimate competitive advantage. By enabling talent teams to deliver continuous pipelines of top, diverse candidates while creating better talent experiences, Findem transforms the way companies plan, hire and manage talent. To both add technologies it needs and expand its global talent footprint, Uniphore has begun to make acquisitions.

By analyzing past behaviors and preferences, Reclaim.ai optimizes time usage, helping busy sales professionals stay focused on high-impact activities and drive sales success. Sales teams often engage with prospects on various channels, including video conferencing platforms like Microsoft Teams, Google Meet, and Zoom. To eliminate the distraction of note-taking during calls, Sembly AI can handle that task to let you focus on meetings.

IBM Watson Assistant: Best for advanced features

The platform’s focus on code completion and natural language prompts makes it extremely helpful for novice and experienced coders alike. Many users select this tool for both its robust coding features and its built-in security and governance features. The 75 top generative AI companies on our list are the leading pioneers of this generational shift.

The company’s AI-powered platform helps event organizers and venues optimize their operations, improve attendee engagement, and drive better business outcomes. The company’s AI-driven solutions help organizations optimize their travel policies, streamline booking processes, and enhance employee travel experiences. From predictive analytics to natural language processing, these companies offer a plethora of solutions tailored to address specific business needs and challenges. AI encompasses a variety of technologies, including robots, computer vision, cognitive computing, ML models and natural language processing (NLP). AIaaS provides out-of-the-box platforms and is easy to set up, making it simple to test out various public cloud platforms, services and machine learning (ML) algorithms. Founded in 2021 by Ritwika Chowdhury and Apurv Jain, Unscript.ai’s AI-powered platform allows businesses to create personalised marketing videos at scale without expensive equipment or time-consuming editing.

Founded in 2021 by Vishnu Subramanian, Jarvislabs is a Coimbatore-based AI infrastructure startup that offers GPU compute solutions to data scientists, businesses and researchers. Founded in 2023 by Vinayak Jhunjhunwala and Abhinav Das, Superjoin.ai is a codeless SaaS platform that leverages artificial intelligence (AI) to help users import live data into spreadsheets and perform actions on top of this data. Boltzmann currently competes with global companies such as Insilico Medicine, Recursion AI, and Exscientia. Founded in 2020, Vitra.ai was incubated by Google India and was part of the tech major’s seventh cohort of Google for Startups Accelerator.

This enables sales professionals–and other team members–to quickly create automations and select the best AI model for their needs. It lets sales professionals record videos, add branding elements and custom messages, and share them across various media. The AI-powered platform also tracks video engagement and provides detailed analytics ChatGPT so sales teams can understand how their videos perform. Zoho Zia’s strong capability in predicting sales outcomes and providing actionable insights sets it apart from many other AI tools in the market. Zoho Zia’s seamless integration across various Zoho applications ensures a comprehensive and cohesive user experience.

According to him, the company’s growth projection is directly proportional to the rate of conversation. The OGenie app is selling exclusive memberships with Airtel Payments Bank, HDFC Times Card, JioSaavn , Freecharge, PhonePe etc. It reviews claims that have been written by an author (often a lawyer) in order to generate tonally and factually accurate patent specification drafts on its own.

You can deploy your assistant to the cloud or host it on-premise based on your security and privacy considerations. Inworld AI is a company that uses generative AI and text-to-character prompts to help gaming and media companies make non-player characters (NPC) seem more realistic. These characters may appear in traditional video games, VR, training, and other types of digital entertainment and experiences.

Belong.Life launches Tara – an AI SaaS matching cancer patients to clinical trials

The intuitive, conversational interface of AI systems could make traditional SaaS feel clunky and tedious by comparison. AMP’s AI component, AMP Neuron, uses computer vision and machine learning to identify and categorize different waste materials. This system streamlines recycling, improves the recovery rate of recyclables reclaimed as raw materials, and cuts costs. AMP Robotics even secured an investment from Microsoft’s Climate Innovation Fund in its latest Series C funding round. Roboflow aims to “democratize access to computer vision.” Today, Roboflow has over 250,000 users, including many Fortune 100 companies. AssemblyAI also provides a range of customization options, including language support, speaker identification, and data security, to meet the unique needs of different industries and use cases.

Tavus is a generative AI company that creates new versions of videos that users have already created based on specific viewer qualities and other personalization requirements. The foundational template videos that users create give Tavus enough material to generate believable audio and visuals for future videos on different topics, making it possible to record only one video and send custom messages to each of your contacts. Codeium is a conversational ai saas generative AI company that provides coders, programmers, and even less-technical users with resources to generate logical code for their projects. Autocompletion is an option, but users can also engage with Codeium through chat and gain more contextual knowledge for why code looks a certain way or how it could be optimized. Codeium can be experimented with in the playground environment, and it can also be used on a wide range of IDEs.

Many of the leading AI sales platforms include tools like chatbots, virtual sales assistants, predictive lead-scoring systems, sales analytics, and virtual meeting applications to help businesses with a wide range of tasks throughout the sales process. Clinc’s AI platform is designed to provide personalized and natural language-based experiences for applications like virtual assistants, chatbots, and voice-controlled devices. It can search and find answers to customer inquiries in existing documents, websites, and knowledge bases in order to complete the user’s intended action.

The startup operates on a multi-tier SaaS model, offering an optional WhatsApp Business messaging channel. It caters to diverse sectors, including insurance, healthcare, telecom, and retail, with clients such as Hong Kong Broadband Networks, Delonghi, Cellini, and Khind. Evaluating factors such as expertise, technology stack, and industry focus can help determine the best fit. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters. Backed by the likes of Inflection Point Ventures, CRED founder Kunal Shah, among others, Intellemo has raised more than $350K in funding till date. Additionally, brands can also gather insights and seek recommendations from its AI Agent to fine tune their media campaigns.

Launched in March 2020, LimeChat is headquartered in Gurugram and claims to help clients provide human-like shopping experiences on chat mediums. Going ahead, Senseforth.ai is on a mission to capture a larger market share in APAC, Europe and North America, targeting businesses in the retail, FMCG, healthcare, edtech, and BFSI sectors. They could not name the customer, but “to the best of our knowledge, we believe it is one of the largest real-time conversational AI deployments,” says Sachdev, CEO.

Future software professionals must evolve from code writers to strategic architects, excelling at conceptualizing needs and solutions, and orchestrating AI to bring innovative ideas to life. They’ll need to become adept at using AI-powered development tools as force multipliers, allowing them to compete effectively in the global SaaS market. The Middle East, like many emerging tech markets, is experiencing impressive growth, but it still grapples with building a robust software ecosystem. However, the advent of AI-powered development tools and end-to-end software agents could be a great equalizer—and the catalyst for a transformative leap. SleekFlow, a Singapore- and Hong Kong-headquartered social commerce platform that has built a conversational AI suite for customer engagement targeted to Asian markets, said Wednesday it had secured an additional $7 million in funding.

This is, among other reasons, why software companies are frequently valued on a multiple of their revenue instead of their profits. But that’s not a valuation model that you can apply to a company that’s, say, selling groceries. We evaluated each platform’s core offerings and their ability to serve the needs of businesses in various industries. Our analysis considered features ChatGPT App like NLU, multi-channel support, flexible deployment, multi-lingual and other essential features. The best conversational AI tools are trained to analyze digital text to deduce the emotional tone of the message – which could be positive, negative, or neutral. This capability allows chatbots to respond to customers in a more personalized way or empathetic manner.

With a strong emphasis on protecting mission-critical apps, SpinOne offers essential functionalities such as backup and recovery, ransomware detection, and data leak prevention. These capabilities ensure that sales teams can protect their data from various threats, maintaining the integrity and availability of essential business information. With a solid overall rating and particularly high scores in ease of use and support, Manifest AI offers a user-friendly experience for both merchants and customers. Its ability to understand individual preferences and anticipate needs enhances the shopping journey and increases sales.