Moveo.AI secures $2.6M in new funding

We are excited to announce we've raised $2.6 million to enable enterprises to build private, personalized LLM Agents they can trust.

Eleven Ventures led the seed round with Uni.Fund and Charge.vc participating. Early backers who participated in the $400K Pre-Seed round in 2021 are also doubling down on their initial investment, demonstrating their support for Moveo.AI's vision and approach of AI technology to enhance customer experiences.

While enterprises explore the latest advancements in Generative AI and seek automation beyond FAQs, Moveo.AI rises as the perfect blend of workflow automation and Generative AI. In a landscape where sophisticated AI-powered solutions are essential for maintaining operational efficiency and productivity without compromising data privacy and security, Moveo's proprietary LLMs deliver unmatched data protection and reliability. Moveo’s LLMs are fine-tuned for enhancing customer experience in business settings, surpassing third-party models like GPT-4 in latency, hallucination, and repetition, amongst other CX-related metrics.

"When it comes to the customer journey – from support issues to sales transactions – people are expecting instant, accurate, relevant, just-in-time interactions. This is something humans can no longer deliver. But AI can! We identified Moveo as a top contender to radically improve the way businesses interact with customers. Their impressive client roster, including big banks and retailers, speaks to their potential. We are excited to be part of the journey and contribute to this significant shift in customer engagement."

Svetozar Georgiev, Partner at Eleven Ventures