1. Singapore-based Eight A.I.-powered 40m Series-A Fundraising
1. Singapore-based Eight has raised a Series A funding round of US$40 million, led by Sequoia India.
2. The round also saw participation from other investors, including Vertex Ventures US, Vertex Ventures Southeast Asia and India, and GGV Capital.
3. Eight will use the new funds to further develop its artificial intelligence (AI) platform, as well as to expand its sales and marketing efforts.
4. The company was founded in 2014 byserial entrepreneur and computer scientist Patrick Paul, who is also the co-founder of e-commerce platform Wish.
5. Eight’s AI platform is used by businesses to automate customer support tasks, such as handling customer queries and providing recommendations.
6. The platform is also used to personalize customer experiences, such as providing targeted content and product recommendations.
7. Eight has raised a total of US$54 million to date, and its other investors include Y Combinator, Khosla Ventures, and GV.
2. Eight, a Singapore-based startup that uses A.I. to power its marketing and sales automation platform, has raised $40m in a Series A funding round
2 Eight, a Singapore-based startup that uses AI to power its marketing and sales automation platform, has raised 40m in a Series A funding round. The round was led by Sequoia India, with participation from existing investors Openspace Ventures and Wavemaker Partners.
The company will use the funds to expand its team and continue building its AI-powered marketing and sales automation platform.
2 Eight was founded in 2017 by Praveen Pillai, an Indian entrepreneur who has previously founded two startups in the US. The company’s platform uses AI to help businesses automate their marketing and sales processes.
The platform includes a number of features that are designed to help businesses improve their sales and marketing efforts, including a CRM, email marketing, lead management, and social media marketing tools.
2 Eight’s platform is currently used by over 500 businesses in more than 50 countries.
3. The round was led by Sequoia India, with participation from Hillhouse Capital
Eight, a Singapore-based A.I.-powered startup, has raised $40 million in a Series A funding round led by Sequoia India with participation from Hillhouse Capital.
Eight, which was founded in 2016, uses A.I. to help businesses with their sales and marketing efforts. The startup provides a platform that uses A.I. to automate sales and marketing tasks, such as lead generation, customer segmentation, and email marketing.
Eight says that its platform can help businesses increase their sales and marketing productivity by up to 50%. The startup also claims that its platform is used by more than 1,000 businesses in over 50 countries.
This funding round brings Eight’s total funding to $58 million. The startup says that it will use the new funding to continue to grow its team and expand its platform.
4. Eight will use the funds to expand its team and platform, as well as to enter new markets
Eight, a Singapore-based startup that uses AI to help businesses keep track of their inventory, has raised $40 million in a Series B funding round. The round was led by Sequoia India, with participation from returning investor Accel Partners.
Eight will use the funds to expand its team and platform as well as to enter new markets. The startup says it will also use the funds to build more features and integrations to make its product more comprehensive.
Eight was founded in 2016 by Mohit Gundecha and Shashank Dixit. The startup provides a software-as-a-service (SaaS) platform that uses AI to help businesses track and manage their inventory.
The platform includes features such as real-time inventory tracking, automatic purchase order management, and predictive analysis. Eight says its AI engine can learn a business’s purchasing patterns and predict when stock is running low.
Eight’s customers include businesses in the retail, food and beverage, and healthcare sectors. The startup says it has more than 500 customers on its platform, including major brands such as Coca-Cola, Unilever, and Samsung.
Eight has raised a total of $56 million to date. In addition to Sequoia India and Accel Partners, the startup’s other investors include Jungle Ventures, BEENOS, and Wavemaker Partners.
5. This is the first major investment for
Singapore-based eight-year-old startup AISense, which has developed an AI-powered note-taking solution, has raised $40 million in a Series B funding round led by GGV Capital.
The round also saw participation from existing investors including Kleiner Perkins, Lauder Partners, and Atlantic Bridge University Fund.
With this latest infusion of capital, AISense has raised a total of $56 million to date.
Founded in 2012 by Stanford Ph.D. graduates Sam Liang and Anand Sharma, AISense is the maker of Otter.ai, a real-time note-taking app that uses AI to transcribe and archive audio.
The app, which is available on both iOS and Android, has been downloaded more than two million times and is used by individuals as well as organizations such as Deloitte, Google, and The Guardian.
In an interview with Business Times, co-founder and CEO Sam Liang said that the new funding will be used to accelerate the company’s product development and go-to-market efforts.
Liang said that AISense is seeing strong demand for its product from enterprise customers and that the company is looking to expand its sales and marketing efforts to target this market segment.
He added that the company is also looking to use the new funding to grow its team and expand its operations in Europe and Asia.
AISense is not the only AI-powered note-taking app on the market.
Other startups in this space include Notion, which has raised $80 million to date, and Google-backed SoundHound, which acquired the note-taking app startup Wavii in 2015.
However, Liang said that AISense differentiates itself from its competitors with its focus on real-time transcription and its use of AI to provide additional features such as speaker identification and topic detection.
The company is also working on new features such as the ability to search through transcribed audio for keywords and phrases.
Liang said that the company plans to launch these new features in the coming months.
