Kore.ai raises $150 million in strategic growth financing
FTV Capital led the January 2024 investment in enterprise AI.
Kore.ai announced $150 million in strategic growth financing on 30 January 2024. FTV Capital led the investment, joined by NVIDIA and existing backers Vistara Growth, Sweetwater Private Equity, NextEquity, Nicola Wealth and Beedie Capital.
The new capital was intended to accelerate market expansion and development of its enterprise AI platform. Kore.ai provides tools for conversational assistants and AI applications supporting customer, employee and contact center workflows.
Use of funds
Expand markets
Develop enterprise AI platform