It is no surprise that AI technology has been attracting the attention of investors from around the world. This week, Retain.ai, a startup based in San Francisco that specializes in AI-driven customer retention solutions, has announced that it has received an undisclosed amount of capital from Wiggers VentureBeat.
This latest cash injection is set to further bolster Retain.ai’s efforts to create a comprehensive platform to help customers effectively manage customer lifetime value. By leveraging AI, the company plans to make it easier for customers to grow their businesses by using predictive insights to better understand their customers’ behavior, spending patterns, and preferences.
The company is presently working on multiple projects, such as a CRM system and an AI-powered mobile app to help businesses better serve their customers. By leveraging Retain.ai’s AI-driven solutions, customers will be able to automate their customer service, and gain insights into how their customers are interacting with their products, as well as being able to make better and more informed decisions about how to best serve their customers.
“Retain.ai Emergence Receives Financial Boost from Wiggers VentureBeat
Retain.ai, a company that provides artificial intelligence (AI) solutions primarily for museums and other cultural organizations, recently received a much-needed boost in the form of a substantial financial injection from Wiggers Ventures. The funding will be used to continue the development of the company’s AI-enabled applications while expanding its customer base in the cultural and heritage arena.
Retain.ai was developed to enable museums and other cultural organizations to leverage AI to more effectively and efficiently visualize and present their valuable collections by using ‘augmented intelligence’. According to Retain.ai, the AI solutions they provide combine cutting-edge AI with business intelligence to create data-enabled software that is simple to use yet highly effective in finding insights and understanding data trends.
The new injection of funds from Wiggers Ventures has enabled the company to expand its solutions and hire new personnel to meet their customers’ needs. The company has now hired a Data Scientist and Artificial Intelligence researcher to further develop the platform.
A range of new features have been created by Retain.ai in the past few months. This includes the creation of an AI-driven search engine that allows customers to quickly search through collections of books or artifacts. There are also new AI-powered tools for museums to help them better understand the evolution of their collections over time and make improvements to their exhibitions.