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PolyAI Secures $50M Series C Funding

PolyAI Secures $50M Series C Funding
PolyAI Secures $50M Series C Funding

PolyAI, a London-based enterprise voice assistant provider, raised $50M in Series C funding.

Leading the round were Hedosophia and NVentures, with participation from Zendesk, Khosla Ventures, and more. The investment will drive development of AI-powered automation and expansion of PolyAI's voice-first technology for contact centers.

The company, led by CEO Nikola Mrkšić, plans to enhance its lifelike conversational AI voice assistants, aiming to serve a wider range of industries, including logistics, banking, and hospitality.

Spun out of Cambridge University's Machine Intelligence Lab in 2017, PolyAI now supports nearly 100 enterprise clients like FedEx and Marriott. Their notable achievements include launching a generative AI-powered assistant and a multilingual voice assistant.