About Front AI
Front AI is a company based in Helsinki (Finland) founded in 2017.. Front AI has raised $561.49 thousand across 1 funding round from investors including CapMan, Digital Workforce and Lifeline Ventures. Front AI offers products and services including Conversational AI, Voice Automation, Email Automation, Generative AI, and Rechanneld. Front AI operates in a competitive market with competitors including Servion, HelloDone, AI CROSS, WideBot and Pand.ai, among others.
- Headquarter Helsinki, Finland
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Front Ai Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$561.49 K (USD)
in 1 rounds
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Latest Funding Round
$561.49 K (USD), Seed
Mar 11, 2019
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Investors
CapMan
& 3 more
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Employee Count
Employee Count
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Products & Services of Front AI
Front AI offers a comprehensive portfolio of products and services, including Conversational AI, Voice Automation, Email Automation, Generative AI, and Rechanneld. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Smart chatbots for instant customer support services.
Voice tools for efficient customer call handling.
Systems to automate email responses and management.
AI for driving content automation and support.
Tool for optimal customer service channel selection.
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Funding Insights of Front AI
Front AI has successfully raised a total of $561.49K through 1 strategic funding round. The most recent funding activity was a Seed round of $561.49 thousand completed in March 2019. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $561,485
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First Round
First Round
(11 Mar 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Seed - Front AI | Valuation | Lifeline Ventures , CapMan |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Front AI
Front AI has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include CapMan, Digital Workforce and Lifeline Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital is invested in European startups across sectors.
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Founded Year | Domain | Location | |
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Diversified investment management firm
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Founded Year | Domain | Location | |
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Provider of digital workers
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Front AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Front AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Front Ai Comparisons
Competitors of Front AI
Front AI 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 Servion, HelloDone, AI CROSS, WideBot and Pand.ai, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platforms-led customer experience solutions are delivered across multiple channels.
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| domain | founded_year | HQ Location |
Provider of AI-enabled platform offering automated real-time information for multiple sectors
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| domain | founded_year | HQ Location |
Messaging protocols and AI chatbot applications are developed.
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| domain | founded_year | HQ Location |
Arabic-focused bot-building platform is developed for enterprises.
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| domain | founded_year | HQ Location |
An AI platform for automated customer engagement is provided.
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| domain | founded_year | HQ Location |
Provider of AI and subscription-based multiple task management platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Front AI
When was Front AI founded?
Front AI was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Front AI located?
Front AI is headquartered in Helsinki, Finland.
Is Front AI a funded company?
Front AI is a funded company, having raised a total of $561.49K across 1 funding round to date. The company's 1st funding round was a Seed of $561.49K, raised on Mar 11, 2019.
What does Front AI do?
Front AI provides services for developing customer service chatbots to enterprises. It leverages its proprietary artificial intelligence and natural language processing based platform, for developing the bots, which comes built-in with modules covering banking, insurance, pension, telecom, public sector, and HR services. The developed bot features multi-lingual support (22 natural languages including all the Nordic languages) and can be integrated with all backend systems, either via interfaces or RPA.
Who are the top competitors of Front AI?
What products or services does Front AI offer?
Front AI offers Conversational AI, Voice Automation, Email Automation, Generative AI, and Rechanneld.
Who are Front AI's investors?
Front AI has 4 investors. Key investors include CapMan, Digital Workforce, Lifeline Ventures, and Leena Niemistö.
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