California-based Senseforth.ai has announced a $14 million investment from Fractal (fractal.ai), an artificial intelligence and analytics solution provider. The investment thus raised will help Senseforth.ai scale and expand its footprint across Fractal’s clients globally.
This investment also strengthens Fractal’s conversational AI offerings as it advances on its mission to power every human decision in the enterprise.
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“Senseforth.ai’s founders Shridhar, Krishna, and Ritesh have built a great team and a robust platform that’s deployed at scale with marquee clients like HDFC Bank. Senseforth’s technology is ahead of the competition, especially as evidenced by their performance benchmark on the leaderboard of Stanford Question Answering Dataset (SQuAD) 2.0. We are excited to partner with the Senseforth.ai team to contribute to their next phase of growth,” said Srikanth Velamakanni, Co-Founder, Group Chief Executive and Vice Chairman, Fractal.
Senseforth.ai’s patented zero-code platform A.ware reportedly makes it easy to build, train, deploy, and scale conversational AI solutions to drive revenue, reduce costs, and increase operational efficiency.
Shridhar Marri, CEO and Co-Founder, Senseforth, said, “This strategic investment creates a new growth blueprint for Senseforth.ai. We are thrilled to deliver on our vision “to make technology human-like”, enabling continuous Human-AI interaction, transforming complex business processes.” He added, “We can now scale talent, accelerate growth, make more investments in R&D, and create incredible value for our clients.”