OpenDialog raises $8M to boost conversational AI in regulated industries (tech.eu)
TLDR; Summary
- OpenDialog has raised over $8 million in a Series A round led by AlbionVC.
- OpenDialog develops conversational AI technology suitable for use in regulated industries.
- The company's no-code platform allows enterprises in healthcare and insurance to build AI-powered chatbots and digital assistants tailored to their specific business and regulatory needs.
- OpenDialog uses a context-first, multi-agent methodology to automate multi-step business processes through natural conversation.
- Recent use cases include triaging eligibility for a class-action lawsuit and interacting with people reporting adverse effects from medicine use.
- Since its seed round in spring 2022, OpenDialog has quadrupled its headcount and raised a total of $13 million.
- The funding will be used for R&D and to accelerate expansion into the US market.