Attentive Inc, an AI-based SaaS start-up, raises $7 million in Collection A spherical

Attentive Inc, an AI-based SaaS start-up, has raised $7 million in Collection A funding spherical led by Vertex Ventures Southeast Asia and India. Current traders Peak XV Companions and InfoEdge Ventures additionally participated within the spherical.

The corporate plans to deploy the funds in product growth and bolster its gross sales, advertising and marketing, and buyer success initiatives. The main target will likely be on just lately launched merchandise — Speed up and Beam AI, the corporate stated in a launch.

Commenting on the fund increase, Shiva Dhawan, Co-founder & CEO of Attentive, stated, “This funding is a testomony to our dedication to this mission, and we’re excited to scale our options like Automeasure, Speed up, and Beam AI to new heights.”

Nikhil Marwaha, Senior Government Director at Vertex Ventures SEA and India, commented, “Attentive’s modern know-how leverages Imaginative and prescient AI to drive disruptions in old-economy industries resembling Outside Discipline Companies and Building. Organisations in these sectors are hungry for technological options that may considerably enhance efficiencies of their companies. Shiva and his staff have demonstrated super dedication to addressing their clients’ wants and the delight was evident after we spoke to their clients”