Menu Close
Kore.ai

Invest in Kore.ai

Artificial Intelligence

Founded: 2013

Headquarters: Orlando, Florida

kore.ai

Status

Available

Last Round Valuation

$50 Billion

Share Price

$50.00

Sign Up to Start Investing

Already have an account? Sign In

About
Summary
Valuation

About Kore.ai

Kore.ai is a provider of advanced artificial intelligence (AI) with a decade of experience in helping enterprises realize business value through the safe and responsible use of AI. The company's innovative platform, no-code tools, and solutions deliver end-to-end customer and employee experiences from automated to human-assisted and build generative AI-enabled applications. Kore.ai takes an open approach, allowing companies to choose the large language models (LLMs) and infrastructure that best meet their business needs. Utilized by over 500 partners and 450 Fortune 2000 companies, Kore.ai helps them navigate their AI strategies. Headquartered in Orlando, Kore.ai has a network of offices to support customers in India, the UK, the Middle East, Japan, South Korea, and Europe.

Key Facts

Kore.ai provides an enterprise-grade no-code platform to help companies of allnsizes power business interactions with AI.

Recognized by analysts like Gartner, IDC, Forrester, ISG, Everest as a leader innconversational AI, Kore.ai helps enterprises across all industries delivernexperiences through its Experience Optimization or ‘XO’ Platform and AI-Firstnsolution stack.

Kore.ai’s products include Experience Optimization (X0) Platform, SmartAssist,nAgentAssist, BankAssist, HealthAssist, RetailAssist, SearchAssist, IT Asssist, HR Assist, and WorkAssist.

Kore.ai XO Platform: A comprehensive, enterprise-grade platform for designing, building, training, and deploying virtual assistants and chatbots across multiplenchannels. Combines Natural Language Understanding (NLU), dialog management, andnorchestration capabilities into one comprehensive environment.

GALE: Gale is Kore.ai’s generative AI offering designed to integrate large languagenmodel (LLM) capabilities into the company’s conversational AI solutions.

Kore.ai SmartAssist: An AI-driven self-service solution that automates inboundncustomer interactions via advanced natural language understanding, providingnseamless text and voice support.

Kore.ai AgentAssist: A contact center solution that delivers real-time intelligencenand suggested responses to human agents.

Kore.ai SearchAssist: A conversational search experience that employs AI tonretrieve accurate information from various sources through intuitive, natural-language queries.

Kore.ai BankingAssist: A specialized virtual assistant for financial institutions thatnautomates routine banking tasks, transactions, and inquiries to enhance digital engagement.

Kore.ai HealthAssist: A healthcare-focused solution streamlining patientnengagement and clinical workflows, offering 24/7 virtual assistance for scheduling,ntriage, and more.

Kore.ai HR Assist: An intelligent self-service platform that addresses common HRninquiries and processes, optimizing employee experiences and reducing HRnworkloads.

Kore.ai IT Assist: A virtual assistant designed for IT service management,nautomating help desk tasks, troubleshooting issues, and accelerating supportnresolutions.

Kore.ai operates on a subscription-based business model, offering its AI-powered virtualnassistant platform to enterprises for a recurring fee, with pricing tiers tailored to different organizational needs.

Kore.ai currently automates 450 million daily interactions involving about 200 millionnconsumers and is headed for an initial public offering, according to Bloomberg.

In January 2024, Forbes reported that Kore.ai grew 100% year-over-year for the pastnfour years, and reached a $100m+ in annual recurring revenue.

CEO Raj Koneru told Bloomberg in January 2024, “We’ll have the scale and process innplace to be able to have an IPO in about two years.”

Your access to private investment

Explore companies like this

Sign up to see more information

Get Started Button Arrow

Summary

trade

Customers

Nulla malesuada justo velit, eget

Donec rhoncus sapien sit amet mauris consectetur convallis. Croin mollis eros vel orci.

trade

Key Investors

Pellentesque tempus, ipsum id suscipit tristique, Aenean lacinia quis tortor sed, ornare Integer vel.

trade

Size of Market

Mauris velit nisl, ultrices ut est quis, dapibus euismod tellus. Ut finibus ultricies sollicitudin. Vivamus a aliquet magna. Fusce lacinia urna in laoreet facilisis. Aliquam dignissim efficitur sapien eu convallis.

trade

Market Position

Nam volutpat purus vel lacus pellentesque porttitor sed in orci. Vivamus porttitor sit amet tellus non sollicitudin. Suspendisse sit amet turpis nisi. In sem velit, interdum at augue id, eleifend tristique nunc, Maecenas scelerisque.

Industry

Mauris velit nisl

Primary Vertical

Artificial Intelligence

Employees

500

Mosaic Score

840

Money

760

Momentum

850

Management

760

Market

960

What is a Mosaic Score?

Key Officers

Name Work History Title Status
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current

Valuation

Valuation Over Time

chart

Last Round

Sept. 2019, Series B1

Valuation Post-Money

$400.2M

Amount Raised

$2.5M

Total Funds Raised

$75.2M

Implied Valuation

$84M

Funding Rounds

Date Round Amount Valuation Investors
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here

Competitive Landscape

Company Valued Revenue
Coinbase
San Francisco, CA
$2.8B $1.3B
Coinbase
San Francisco, CA
$2.8B $1.3B
Coinbase
San Francisco, CA
$2.8B $1.3B

Invest Simply, From Anywhere