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 2455 active competitors, including 325 funded and 124 that have exited. Its top competitors include companies like Dialpad, Forethought AI and Decagon.
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.
- Website
- www.aivo.co/
- Social
- Registered Address
- Rēzekne, Skolas iela 8A - 56
Key Metrics
Founded Year
2011
Location
Miami, United States
Stage
Acquired
Total Funding
$300K in 1 round
Latest Funding Round
Ranked
283rd among 2455 active competitors
Employee Count
50 - 199 as on Mar 01, 2026
Exit Details
Acquired by Engageware (Aug 24, 2023)
Legal entities associated with Aivo
Aivo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AIVO CIN: 42403003394 , Latvia, Active | Feb 22, 1993 | €0 - €1M (As on Dec 31, 2024) | 2 (As on Dec 31, 2023) | - |
Aivo's acquisition details
Aivo got acquired by Engageware on Aug 24, 2023.
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 | 4857352 | Seed | 8489171 | 3538312 | 2884835 | 9222153 |
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Aivo's founders and board of directors
Founder? Claim ProfileThe founders of Aivo is Martin Sebastían Frascaroli.
Here are the details of Aivo's key team members:
- Martin Sebastían Frascaroli: CoFounder & CEO of Aivo. Contact Info: 1 email address
View details of Aivo's Founder profiles and Board Members
Aivo's employee count trend
Aivo has 50 - 199 employees as of Mar 26. Here is Aivo's employee count trend over the years:
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Aivo's Competitors and alternates
Top competitors of Aivo include Dialpad, Forethought AI and Decagon. Here is the list of Top 10 competitors of Aivo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Dialpad 2011, San Ramon (United States), Series F | Provider of AI-powered contact center and unified communications platform solutions | $476M | 79/100 | |
2nd | Forethought AI 2017, San Francisco (United States), Acquired | Provider of an AI platform for customer support and service teams | $117M | 72/100 | |
3rd |  Decagon 2023, San Francisco (United States), Series D | AI-powered customer experience platform | $481M | 72/100 | |
4th | Observe.AI 2017, Redwood City (United States), Series C | Provider of AI-powered conversation intelligence and automation for contact centers | $214M | 71/100 | |
5th |  EliseAI 2017, New York City (United States), Series E | Offering conversational AI platforms | $392M | 71/100 | |
6th | ASAPP 2014, New York City (United States), Series C | Provider of an AI-native platform for contact center customer experience | $400M | 69/100 | |
7th | Lorikeet 2023, San Francisco (United States), Series A | AI-powered customer support platform | $49M | 69/100 | |
8th | LivePerson 1995, New York City (United States), Acquired | Provider of conversational AI platform for digital customer and agent experiences | - | 68/100 | |
9th | [24]7.ai 2000, San Jose (United States), Series B | Provider of customer experience solutions, services, and an engagement cloud | $22M | 68/100 | |
10th | Gradient Labs 2023, London (United Kingdom), Series A | AI agents to automate manual and repetitive tasks | $30M | 68/100 | |
283rd | 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.
Reports related to Aivo
Here is the latest report on Aivo's geography:
News related to Aivo
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Aivo’s Acquisition of EngagewareGlobal Legal Chronicle•Sep 04, 2023•Kirkland & Ellis, Aivo, Engageware
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Aivo’s Conversational AI Bot Now Available on Genesys AppFoundryDirectors Club•Dec 12, 2019•Aivo, Genesys
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