PolyAI
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|
Revenues | 3.1m | 4.1m | 7.5m | 9.0m | 10.0m | 30.0m |
% growth | - | 32 % | 83 % | 20 % | 11 % | 200 % |
EBITDA | - | - | - | (9.5m) | (16.1m) | - |
% EBITDA margin | - | - | - | (106 %) | (161 %) | - |
Profit | - | - | - | (8.5m) | (14.4m) | - |
% profit margin | - | - | - | (95 %) | (144 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | Spinout | ||
£1.8m | Seed | ||
* | $12.0m | Series A | |
N/A | Early VC | ||
$14.0m | Late VC | ||
* | $40.0m Valuation: $300m | Series B | |
$50.0m Valuation: $500m 50.0x EV/LTM Revenues -31.0x EV/LTM EBITDA | Growth Equity VC | ||
Total Funding | €108m |
Related Content
Recent News about PolyAI
EditPoly.ai is a technology startup that specializes in developing and deploying customized voice assistants for businesses. The company operates in the customer service market, specifically targeting call centers. Poly.ai's voice assistants are designed to handle customer inquiries, reducing hold times and increasing call containment. This not only improves customer satisfaction but also transforms call centers from cost centers into revenue generators.
The company's voice assistants are multilingual, capable of handling calls in 10 different languages. This broad language support enables businesses to serve a diverse customer base. Poly.ai's technology has been particularly successful in the hotel industry, where it has achieved an 85% customer satisfaction score and generated $7.2 million in revenue through room reservations.
Poly.ai's business model is based on designing, integrating, and deploying voice assistants for businesses. The company promises a quick deployment time of six weeks or less, without the need for risky replatforming. The voice assistants can be seamlessly integrated into a business's existing tech stack and are continuously updated and improved for better performance.
In terms of revenue, Poly.ai likely charges businesses a fee for the design, integration, and deployment of the voice assistants, as well as for ongoing maintenance and updates.
Keywords: Voice Assistants, Customer Service, Call Centers, Multilingual Support, Hotel Industry, Quick Deployment, Seamless Integration, Continuous Improvement, Revenue Generation, Customer Satisfaction.