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Aivo - About the company

Aivo is an acquired company based in Miami (United States), founded in 2011 by Martin Sebastían Frascaroli. It operates as a Conversational AI solutions for businesses, automating customer service and sales. Aivo has raised $300K in funding. The company has 2325 active competitors, including 318 funded and 123 that have exited. Its top competitors include companies like Dialpad, LivePerson and Observe.AI.

Company Details

Conversational AI solutions for businesses, automating customer service and sales. The company offers a suite powered by artificial intelligence to enhance customer interactions across various digital channels. This includes AI-powered chatbots, omnichannel live chat with AI co-pilots, and tools for creating campaigns. The platform provides low-code integration design, natural phone conversations, and AI-powered knowledge microsites. It also features hyper-realistic avatars and appointment scheduling to boost business growth. The solutions cater to industries like banking, commerce, and telecommunications, offering capabilities such as generative AI, automation, and personalized customer experiences. The platform understands natural conversations, connects to existing tech stacks, and delivers solutions across channels, including WhatsApp, Instagram, Twitter, and Telegram. It focuses on customer service automation, sales automation, and improving customer satisfaction through quick, personalized answers.
Social
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Registered Address
Rēzekne, Skolas iela 8A - 56
Key Metrics
Founded Year
2011
Location
Stage
Acquired
Total Funding
$300K in 1 round
Latest Funding Round
Ranked
Employee Count
2 as on Dec 31, 2023
Similar Companies
Exit Details
Acquired by Engageware (Aug 24, 2023)

Aivo's acquisition details

Aivo got acquired by Engageware on Aug 24, 2023. It was facilitated by Kirkland & Ellis.
Click here to take a look at Aivo's acquisition in detail
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Aivo's funding and investors

Aivo has raised a total funding of $300K over 1 round.

Here is the list of recent funding rounds of Aivo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 15, 2012
8098204
Seed
7153978
1655876
8707624
6251410
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Aivo's founders and board of directors

Founder? Claim Profile
The founders of Aivo is Martin Sebastían Frascaroli.
Here are the details of Aivo's key team members:

Aivo's employee count trend

Aivo has 2 employees as of Dec 23. The total employee count is 100.0% more than what it was in Dec 22. Here is Aivo's employee count trend over the years:
Employee count trend for Aivo
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Aivo's Competitors and alternates

Top competitors of Aivo include Dialpad, LivePerson and Observe.AI. Here is the list of Top 10 competitors of Aivo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Dialpad
Dialpad
2011, San Ramon (United States), Series F
Provider of AI-powered contact center and unified communications platform solutions
$476M
80/100
2nd
Logo for LivePerson
LivePerson
1995, New York City (United States), Public
Provider of conversational AI platform for digital customer and agent experiences
-
72/100
3rd
Logo for Observe.AI
Observe.AI
2017, Redwood City (United States), Series C
Provider of AI-powered conversation intelligence and automation for contact centers
$214M
71/100
4th
Logo for Yellow.ai
Yellow.ai
2016, San Mateo (United States), Series C
Provider of an AI platform for automating customer and employee service
$102M
69/100
5th
Logo for Forethought AI
Forethought AI
2017, San Francisco (United States), Series D
Provider of an AI platform for customer support and service teams
$117M
69/100
6th
Logo for ASAPP
ASAPP
2014, New York City (United States), Series C
Provider of an AI-native platform for contact center customer experience
$400M
69/100
7th
Logo for Poly
Poly
2017, London (United Kingdom), Series D
Developer of AI-powered virtual assistants for customer service interactions
$206M
68/100
8th
Logo for Avaamo
Avaamo
2014, Los Altos (United States), Series A
Provider of conversational AI platform for enterprises
$23.5M
68/100
9th
Logo for Uniphore
Uniphore
2008, Palo Alto (United States), Series F
Developer of a business artificial intelligence platform and suite of applications
$958M
67/100
10th
Logo for Flip CX
Flip CX
2015, New York City (United States), Series A
AI based voice assistant solutions for enterprises
$31M
67/100
287th
Logo for Aivo
Aivo
2011, Miami (United States), Acquired
Conversational AI solutions for businesses, automating customer service and sales
$300K
-
37/100
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Aivo's Investments and acquisitions

Aivo has made no investments or acquisitions yet.

News related to Aivo

Aivo’s Acquisition of EngagewareGlobal Legal ChronicleSep 04, 2023Kirkland & Ellis, Aivo, Engageware
Aivo Launches Video Conversational AIDestinationcrmNov 23, 2022Aivo, Synthesia
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