avaamo

artificial intelligence/machine learning

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 08/09/2020

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About

Avaamo is a venture funded mobile enterprise software company. Our mission is to reinvent the way we communicate, transact and get work done in today’s mobile first world. Avaamo provides an Ai driven enterprise bot platform that dramatically simplifies the time needed to design and deploy enterprise bots to corporate employees and their customers. At the core of Avaamo mobile platform is a secure business-messaging infrastructure that delivers scalability, reliability and security and integration to legacy enterprise workflows and applications. Avaamo is offered as a SaaS service and is founded by enterprise veterans from TIBCO, SAP, Siebel and Apple. With office in Bangalore, India and Los Altos, California. Avaamo is funded by investors from Japan, China and Silicon Valley as well as large corporate investors.

MEDICI Analysis

Avaamo is an artificial intelligence driven enterprise chatbot platform. The company's software includes a chatbot platform that emphasizes enterprise-class security, data protection, and administration features. It serves industries including banking, retail, healthcare, insurance, and telecommunications.

Focus

PRODUCTS & SERVICES

AI-driven enterprise software platform. Bots: Enable enterprises to create, develop, manage, and deploy enterprise bots for use by employees as well as by customers. Secure Messaging: Lets users to have secure conversations with co-workers as well as customers, partners, and vendors outside the company.

REVENUE MODEL

SaaS

MAIN CLIENTS

Wipro

Aircel

Suryoday

Reliance

BankABC

IIFL Wealth Management

Royal

etc.

PRIMARY PROBLEM SOLVED

Enterprise chatbot platfrom- 14 languages 60+ countries / 50+ revenue producing customers globally

COMMENT

Avaamo's chatbot platform makes self-service more human via conversational bots that are powered by Avaamo’s patented technology that uniquely combines AI, NLP and machine learning technologies. Bots can handle linguistic, colloquial and domain-specific context (banking, insurance, telco, retail, healthcare, etc.) for more meaningful responses by integrating to systems of record of users.

Traction

ACTIVE USERS:

over 50+ enterprise customers

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avaamo

About

Avaamo is a venture funded mobile enterprise software company. Our mission is to reinvent the way we communicate, transact and get work done in today’s mobile first world. Avaamo provides an Ai driven enterprise bot platform that dramatically simplifies the time needed to design and deploy enterprise bots to corporate employees and their customers. At the core of Avaamo mobile platform is a secure business-messaging infrastructure that delivers scalability, reliability and security and integration to legacy enterprise workflows and applications. Avaamo is offered as a SaaS service and is founded by enterprise veterans from TIBCO, SAP, Siebel and Apple. With office in Bangalore, India and Los Altos, California. Avaamo is funded by investors from Japan, China and Silicon Valley as well as large corporate investors.

Focus

PRODUCTS & SERVICES

Cognitive Ai platform for large enterprises with a focus on Banking, Insurance, and broader financial services market

REVENUE MODEL

SaaS

TOP PROBLEM SOLVED

Enterprise chatbot platfrom- 14 languages 60+ countries / 50+ revenue producing customers globally

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

PRODUCT ATTRIBUTES

SaaS

On-premises

Traction

ACTIVE USERS/ACCOUNTS:

over 50+ enterprise customers Million

LIVE USERS/TRANSACTIONS:

Yes, in live production

CHANNEL STATUS

MULTIPLE CHANNELS

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO