About Conversable
Conversable is a Technology company based in Austin (United States) founded in 2014, and was acquired by LivePerson in October 2018. Customer engagement is automated via conversational bots on messaging platforms. It operates on a AI-as-a-Service model. Conversable has raised $2 million across 1 funding round from investors including LivePerson. The company was acqui-hired. Conversable offers products and services including Conversational AI Agents and AI Bots. Its focus areas include Artificial Intelligence and Conversational AI. Its competitors include Gupshup, Avaamo and Passage AI; 3 of its 3 listed competitors have raised funding.
Company details
Conversable is focused on delivering conversational AI agents and bots. These solutions are designed for both outbound and inbound call support. The company operates within the technology sector, specifically targeting AI-driven customer interaction solutions. Services are tailored to enhance communication efficiency across various industries.
- Headquarters Austin, United States
- Stage Acquired
- SectorsTechnology
- Website conversable.com
- Social LinkedIn X
- Acquired by LivePerson (Oct 2018)
- Total Equity Funding$2M (USD)
in 1 rounds
- Latest Funding Round$2M (USD), Angel Round
Jun 2016
- Investors
- Acquired byLivePerson
(Oct 2018)
Products & Services of Conversable
Conversable offers a comprehensive portfolio of products and services, including Conversational AI Agents and AI Bots.
AI agents are provided for call support services.
AI bots are offered for inbound call assistance.
Funding Insights of Conversable
Conversable has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Angel Round of $2 million completed in June 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2M
- Total Rounds 1
- Last Round Angel Round — $2M
- First Round $2M
(Jun 2016)
All 1 funding rounds of Conversable with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2016 | $2M | Angel Round | – | – | – |
1 investors in total: 1 institutional.
Investors in Conversable
Conversable has secured backing from 1 investor. Prominent investors backing the company include LivePerson.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Conversational AI platform is provided for digital customer experiences. | 1995 | liveperson.com | New York, United States |
Investor details for Conversable
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Conversable
3 dated milestones of Conversable across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Conversable is founded.
- Funding First funding round of $2.0M.
- Exit Acquired by LivePerson.
Competitors of Conversable
Conversable has 3 listed competitors in our database, 3 of them funded. They include Gupshup, Avaamo and Passage AI.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gupshup.io | 2004 | San Francisco, United States | $544.34M | 935 | Tools for customer engagement across multiple channels are provided. | |
| avaamo.ai | 2014 | Los Altos, United States | $22.57M | 118 | Conversational AI platform for enterprises is provided by Avaamo. | |
| passage.ai | 2016 | Mountain View, United States | $13.3M | A no-code platform for enterprise chatbot development is offered. |
Detailed competitors of Conversable
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- Full competitor set
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Top companies in Chatbots
3 companies that operate in the same segment as Conversable (Chatbots) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
Cloud-based business process management suite solutions are delivered. | 2010 | San Mateo, California, United States | USD 400.05 M | USD 838.81 M | 4,500 | |
Sierra is focused on enhancing customer experiences through AI technology. | 2023 | San Francisco, California, United States | USD 1.59 B | 1,107 |
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Related news about Conversable
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Frequently Asked Questions about Conversable
Conversable was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Conversable is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Conversable is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Angel Round of $2M, raised on Jun 2016.
Conversable is focused on delivering conversational AI agents and bots. These solutions are designed for both outbound and inbound call support. The company operates within the technology sector, specifically targeting AI-driven customer interaction solutions. Services are tailored to enhance communication efficiency across various industries.
Conversable's top competitors include Gupshup, Avaamo and Passage AI.
Conversable offers Conversational AI Agents and AI Bots.
Conversable has 1 investor. Key investors include LivePerson.
Yes. Conversable was acquired by LivePerson in October 2018.