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Amelia announces USD 175 Million Investment from BuildGroup and Monroe Capital

New York [US], March 8 (ANI/PRNewswire): Amelia, the enterprise leader in Trusted AI, today announced a USD 175 Million Strategic Investment from BuildGroup and Monroe Capital that will provide financial capital and business leadership. Goldman Sachs & Co LLC and TD Cowen advised the Company on its raise. This investment comes at a critical time as many companies are considering how to navigate the OpenAI-enabled chatbot market frenzy without getting cut by bleeding-edge technology. Amelia offers a unique industry viewpoint on this hype cycle, moving beyond the limitations of ChatGPT by offering an enterprise AI option that delivers outcomes customers can trust. Amelia's market-leading technology is recognized by analysts as a safe way for enterprises to use cutting-edge AI to deliver better outcomes to customers. Lanham Napier, BuildGroup's CEO, will join Amelia's Board as Chairman and will step into an active role on the leadership team. Amelia Founder Chetan Dube wil ....

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