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Rasa Gets Investment

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OSS
  • Rasa Secures $13 Million Series A Investment Led by Accel To Power Conversational AI

    Rasa, the open source company that enables developers to build contextual AI assistants, announced a $13 million Series A funding round led by Accel, with participation from existing investor Basis Set Ventures. Also participating in the round were leading angel investors and entrepreneurs across AI, enterprise automation and open source, including Greg Brockman (Co-founder & CTO OpenAI), Daniel Dines (Founder & CEO UiPath) and Mitchell Hashimoto (Co-founder & CTO Hashicorp). Today’s investment brings Rasa’s total amount of funding to $14 Million, and the fresh capital will be used to move the headquarters to San Francisco, expand the team and fuel further growth, research and development.

  • Open-Source and Developer Friendly Chatbot Company, Rasa, Raises $13M Led by Accel

    Rasa announced today it has raised $13 million in a Series A round of funding led by Accel, with participation from Basis Set Ventures, Open AI’s Greg Brockman, UiPath’s Daniel Dines, and Hashicorp’s Mitchell Hashimoto. The company is known for its open-source platform for third parties that allows users to design and manage their own conversational chatbots, using both text and voice.

  • Rasa raises $13M led by Accel for its developer-friendly open source approach to chatbots

    Conversational AI and the use of chatbots have been through multiple cycles of hype and disillusionment in the tech world. You know the story: first you get a launch from the likes of Apple, Facebook, Microsoft, Amazon, Google or any number of other companies, and then you get the many examples of how their services don’t work as intended at the slightest challenge. But time brings improvements and more focused expectations, and today a startup that has been harnessing all those learnings is announcing funding to take to the next level its own approach to conversational AI.

  • Rasa Secures $13 Million Series a Investment Led by Accel to Power Conversational AI

    Rasa, the open source company that enables developers to build contextual AI assistants, announced a $13 million Series A funding round led by Accel, with participation from existing investor Basis Set Ventures. Also participating in the round were leading angel investors and entrepreneurs across AI, enterprise automation and open source, including Greg Brockman (Co-founder & CTO OpenAI), Daniel Dines(Founder & CEO UiPath) and Mitchell Hashimoto (Co-founder & CTO Hashicorp). Today’s investment brings Rasa’s total amount of funding to $14 Million, and the fresh capital will be used to move the headquarters to San Francisco, expand the team and fuel further growth, research and development.

    Enterprises of all sizes are looking to move text and voice conversations from agents to conversational AI. However, reliably automating text or voice-based conversations is extremely difficult. Traditionally, developers either use third party cloud APIs that are hard to customize or build their own tools on top of general purpose machine learning frameworks, which usually requires a big research team.