ConverseNow

Austin, United States Founded: 2018 • Age: 8 yrs
An AI-based conversational platform for restaurant businesses is provided.
Annual revenue - Latest available
Total funding $28.7M 3 rounds
Employees 23 Tracked headcount
Investors 11 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About ConverseNow

ConverseNow is a company based in Austin (United States) founded in 2018 by Vinay Shukla and Rahul Aggarwal. ConverseNow has raised $28.75 million across 3 funding rounds from investors including Knoll Ventures, EHI and Craft Ventures. The company has 23 employees as of October 31, 2024. ConverseNow has completed 1 acquisition, including Valyant. ConverseNow offers products and services including Voice AI Platform. ConverseNow operates in a competitive market with competitors including Apprente, Guestfriend, Trilyo, StrideQ and GoParrot, among others.

  • Headquarter Austin, United States
  • Employees 23 as on 31 Oct, 2024
  • Founders Vinay Shukla, Rahul Aggarwal
  • Sectors
    Technology
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $28.75 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10.5 M (USD), Series A

    Aug 10, 2022

  • Investors
  • Employee Count
    23

    as on Oct 31, 2024

  • Investments & Acquisitions
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Products & Services of ConverseNow

ConverseNow offers a comprehensive portfolio of products and services, including Voice AI Platform.

Product name locked
Category locked
Primary

Automates restaurant order-taking to enhance efficiency and customer service.

People of ConverseNow

Headcount 50-200
Employee Profiles 24
Employee Profiles
People
Conrad Victor Rebeiro
Sr. Manager - Customer Engagement
People
Rahul Aggarwal
Co-Founder, COO & Chief Product Officer
People
Vinay Shukla
Founder & CEO
People
Preetham Kumar
Quality Analyst Engineer

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Funding Insights of ConverseNow

ConverseNow has successfully raised a total of $28.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10.5 million completed in August 2022. 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.

Investors in ConverseNow

ConverseNow has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Knoll Ventures, EHI and Craft Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Growth investments are made in people-driven hospitality companies.
Locked Locked Locked
Venture capital fund focused on SaaS and consumer sectors
Locked Locked Locked
VC firm investing in seed & early stage companies in the US
Locked Locked Locked
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Investor details for ConverseNow

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by ConverseNow

ConverseNow has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Valyant.

Investments
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Investment portfolio details for ConverseNow

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
AI-enabled customer service solutions are developed for retail.
Locked Locked 2017 Locked
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Complete acquisition details for ConverseNow

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - ConverseNow

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Detailed financials for ConverseNow

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Conversenow Comparisons

ConverseNow Primary company
Description
An AI-based conversational platform for restaurant businesse...
Location
Austin, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
23
As of 2024
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Peer comparison for ConverseNow

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Competitors of ConverseNow

ConverseNow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Apprente, Guestfriend, Trilyo, StrideQ and GoParrot, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Developer of AGI (artificial general intelligence) based automated customer service solution
Locked Locked Locked
Personalized chatbots are built for restaurant customer service and reservations.
Locked Locked Locked
Delivers cloud-based customer engagement platforms for hotels and resorts.
Locked Locked Locked
SaaS-based phone automation solutions are provided for restaurants.
Locked Locked Locked
AI-based CRM solutions are offered for restaurants.
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Detailed competitors of ConverseNow

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Latest news on Conversenow

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Complete news archive for ConverseNow

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about ConverseNow

ConverseNow was founded in 2018 and raised its 1st funding round 2 years after it was founded.

ConverseNow is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Vinay Shukla is the current CEO of ConverseNow. They have also founded this company.

ConverseNow is a funded company, having raised a total of $28.75M across 3 funding rounds to date.

As of Oct 31, 2024, the latest employee count at ConverseNow is 23.

Provider of AI-based conversational platform for restaurant businesses. The AI uses anonymized abstracted machine intelligence to predict customer ordering behavior and offers relevant and personalized recommendations.

ConverseNow's top competitors include Apprente, Guestfriend and Trilyo.

ConverseNow offers Voice AI Platform.

ConverseNow has made 1 acquisition, including Valyant.

ConverseNow has 11 investors. Key investors include Knoll Ventures, EHI, Craft Ventures, Tensility Venture Partner, and Bala Investments.

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