2.The AI Uprising: Key Startup Profiles Unveiled

A look into 10 promising startups driving the future of genAI

Startups covered

• Ada

• Adept

• AI21 Labs

• Anthropic

• Character.ai

• Cohere

• Cresta

• DeepZen

• Descript

• Glean

ADA

Company Description

Ada is a technology company that provides an AI-based customer service automation platform. It offers a no-code automation builder that enables businesses to create service automation solutions to handle customer inquiries, support requests, and other interactions. 

The platform utilizes Ada’s proprietary natural language understanding (NLU) to understand customer inquiries and provide relevant responses.

• Headquarters: Canada

• Sector: Cross-sector, E-commerce, FinTech, Telecom, Travel, Media, Gaming

• Founded: 2016

• Website: www.ada.cx

• Total Funding: $190.7 million

• Latest Funding: $130 million

• Latest Series: Series C

• Key Themes: Artificial Intelligence, Conversational platforms