Rasa Secures $30M Series C Funding to Lead the Next Wave of Generative Conversational AI
Rasa specializes in generative conversational AI, supporting enterprises in various sectors, including banking, insurance, and hospitality.
Company Name: Rasa
Location: San Francisco, California
Sector: Generative Conversational AI Platform
Funding Details: Closed $30m in Series C funding, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures.
Purpose of Investment: To continue team growth, with roles open across North America and Europe in Marketing, Sales, Engineering, Customer Success, and more.
Leadership: CEO Melissa Gordon and CTO Dr. Alan Nichol
Product: Rasa is a leading provider of generative conversational AI, enabling the creation of advanced AI assistants. Their recent innovations include Rasa Pro and Rasa Studio with CALM (Conversational AI with Language Models), integrating Large Language Models with traditional chatbots for seamless user interactions. Rasa Studio offers an intuitive low-code UI for building AI assistants.
About Company: Rasa is a remote-first company with a strong presence in key global cities. It specializes in generative conversational AI, supporting enterprises in various sectors, including banking, insurance, and hospitality. Rasa's technology has been adopted widely, with over 50 million downloads by developers, powering AI assistants for top global banks and other major companies.