ConverSight, an Indianapolis-based company that provides unified decision intelligence solutions, has raised $9 million in Series A funding. The round was led by Surface Ventures, with participation from Techstars, Augment Ventures, Elevate Ventures, and existing investors.
The company will use the funds to accelerate its go-to-market efforts and continue to innovate its product offerings. ConverSight's AI-powered platform enables businesses to make informed decisions by providing actionable insights through natural language conversations. The platform's patented knowledge graph and generative AI capabilities allow users to engage with systems using simple dialogue, regardless of their technical expertise.
Since its last round of funding in 2022, ConverSight has released several major product updates, including a new user interface, expanded data science capabilities, and SOC 1 Type 1 and 2 and SOC 2 Type 1 and 2 certifications. The company's most recent release, ConverSight GPT, provides users with generative AI capabilities that can be used to automatically generate executive summaries, recommendations, and proactive insights.
This funding round is a significant milestone for ConverSight and will help the company to continue to grow and expand its reach. The company's mission is to make decision-making easier and more efficient for businesses of all sizes, and this funding will allow them to achieve this goal.
