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Toronto chatbot provider Ada to join herd of Canadian unicorns with $120-million funding

Toronto chatbot provider Ada to join herd of Canadian unicorns with $120-million funding
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Ada Raises $130M Series C Round at a $1 2B Valuation to Revolutionize the Automated Customer Experience (ACX)

Ada Raises $130M Series C Round at a $1.2B Valuation to Revolutionize the Automated Customer Experience (ACX) Share Article Funding to Fuel Ada’s Next Phase of Growth as it Empowers the World’s Leading Digital Companies to Deliver Meaningful Brand Interactions at Scale TORONTO (PRWEB) May 07, 2021 Ada, the leader in Automated Customer Experience (ACX), today announced a $130M Series C financing led by Spark Capital, with participation from Tiger Global. Existing investors Accel, Bessemer, FirstMark, Version One, and Burst Capital are all participating. This Series C financing brings the company’s total funding to $200M with a valuation of $1.2B. As organizations continue to realize that departmental silos and fragmented customer data are hurting customer relationships, they are looking to extend automation across the entire customer journey. Ada’s CX platform is powered by world-class automation and conver

Ada secures $130 million USD, claims $1 2 billion valuation

Ada secures $130 million USD, claims $1.2 billion valuation Toronto artificial intelligence (AI)-powered customer support software startup Ada has raised $130 million USD in Series C financing at a reported valuation of $1.2 billion. The round was led by Spark Capital, with participation from Tiger Global. Previous Ada investors Accel, Bessemer, FirstMark, Version One, and Burst also provided financing. The round brings the startup’s total funding to date to $200 million. The funding comes just over a year after Ada raised $63.7 million. The funding news comes just over a year after Ada raised a $63.7 million CAD Series B round. Ada plans to use the fresh capital to fuel its global expansion efforts, grow its team to over 500 people, and invest in research and development (R&D).

Ada Raises $130M Series C; at $1 2 Billion Valuation

Ada, a Toronto, Canada-based Automated Customer Experience (ACX) company, raised $130M in Series C financing. The round, which brought total funding raised to date to $200M with a valuation of $1.2 Billion, was led by Spark Capital, with participation from Tiger Global. Existing investors Accel, Bessemer, FirstMark, Version One, and Burst. The company intends to use the funds to grow its headcount to support global expansion from a go-to-market perspective and continue innovation in R&D. Led by Mike Murchison, CEO and Co-founder, Ada is a no-code Automated Customer Experience (ACX) platform for customer service employees to consolidate personalized brand interactions within one platform.

Toronto startup backed by AI experts aims to bring Google-quality predictive language to the masses

Toronto startup backed by AI experts aims to bring Google-quality predictive language to the masses
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