Enterpret, an AI-enabled buyer suggestions intelligence platform, has raised $20.8 million in Collection A funding spearheaded by , a US-based enterprise capital agency.
The funding additionally noticed participation from outstanding buyers comparable to , Peak XV (previously Sequoia Capital India), Wing Ventures, and Recall Capital.
“Enterpret is the prototypical GenAI firm. It solves an actual enterprise downside in a totally new method solely potential due to technological developments. Our enthusiasm to associate with Enterpret was all the time pushed by Varun and Arnav, brothers who’re distinctive at what they do. We have been early companions of the corporate having led their seed spherical and have doubled down on this spherical. Varun’s charisma and doggedness mixed with Arnav’s deftness dealing with essentially the most complicated technical challenges and humility make for a really complimentary duo,” stated Harshjit Sethi, MD, Peak XV.
The contemporary capital shall be used to scale and deploy no-code AI brokers, enabling clients to bridge gaps between product, advertising, and gross sales groups whereas accumulating suggestions.
As a part of the funding, Rayfe Gaspar-Asaoka, Associate at Canaan Companions, has joined Enterpret’s board.
“One of the best firms are relentlessly customer-centric. A lot of these firms are actually utilizing Enterpret. We consider the Qualtrics of the AI period has arrived, and we’re thrilled to again Enterpret as they proceed their pathbreaking method to map suggestions to income,” stated Gaspar-Asaoka.
Angel buyers together with Lauryn Motamedi (Head of Product Development at Notion), Elena Verna (VP of Development and Knowledge at Dropbox), Nan Yu (Head of Product at Linear), and Andrew Berman (Director of AI at Zapier) additionally participated within the spherical.
Based in 2020 by brothers Varun Sharma and Arnav Sharma, Enterpret utilises AI-powered intelligence to transform buyer suggestions into insights for product development.
It develops AI fashions able to consolidating and analysing massive volumes of unstructured suggestions from varied channels, extracting key themes, sentiments, points, and subjects. This helps groups to rapidly establish tendencies and enhance buyer satisfaction.
By utilising pure language processing and machine studying, the platform centralises and analyses suggestions at scale.
“At Enterpret, we’re constructing the working system for buyer centricity. Buyer Interactions are a treasured but immensely underutilised information set for all enterprises that may now be unlocked meaningfully for the primary time ever on this post-LLM world to construct best-in-class merchandise and drive enterprise development. We plan to make use of the capital to proceed constructing the very best in school platform and scaling our consciousness out there,” stated Varun Sharma, Co-Founder and CEO of Enterpret.
Since Could, the corporate claims to have doubled its annual recurring income (ARR) and counts Monday.com, Canva, Notion, Loom (Atlassian), The Browser Firm, Hootsuite, Nextdoor, and Vimeo amongst its shoppers.
Varun started his profession as a Buyer Success Supervisor at LinkedIn, Amplitude, and Scale AI, whereas Arnav was a computational linguistics researcher and Engineering Lead at Uber.
