FrontdeskAI bags additional $2 million seed funding to create artificial intelligence (AI) assistants for small businesses
Unlike big companies, small businesses are losing millions of dollars in lost revenue due to missed calls or absence of support team to engage online customers. Enter FrontdeskAI, an artificial intelligence startup that develops the second generation of virtual assistants to help small businesses. FrontdeskAI offers round-the-clock information and reservations for small business customers as a managed messaging service.
Today, FrontdeskAI announced it closed an additional $2 million in seed funding to accelerate product development, increase customer acquisition and investigate new vertical markets. The additional capital infusion brings its total seed funding to $4.2 million. This round was led by pi Ventures, an India based VC fund. Previous seed rounds include $1.1 million in June 2018, led by Blue Pointe Capital, and $1.1 million in November 2018, led by Speciale Invest.
In conjunction with the funding, FrontdeskAI also announced pi Ventures partner, Abishek Surendran, will join the its board which includes BluePointe Ventures managing partner, Sandeep Sardana, and Speciale Invest managing partner, Vishesh Rajaram.