AI SaaS Startup Attentive.ai Raises $7M in Series A Funding
AI SaaS startup Attentive.ai secured $7 million in its Series A funding round. The investment was primarily led by Vertex Ventures Southeast Asia and India. With this new funding, Attentive plans to improve its product, boost sales and marketing efforts, and enhance customer support services.
Attentive.ai is a business management software provider for the landscaping and outdoor services industries. Recently, they managed to raise $7 million in their Series A funding round. This funding was mainly led by Vertex Ventures Southeast Asia and India, with support from their current investors, Peak XV Partners and InfoEdge Ventures.
Attentive will use this funding to make their product even better. They’ll work on improving how it works and making it easier to use. They’ll also spend some of the new capital on finding more customers and telling them about their product. Plus, they’ll make sure their current customers get the best support possible. This way, they can keep growing and helping more businesses succeed.
(Image Source: Attentive.ai)
In the press release, Shiva Dhawan, Co-founder and CEO of Attentive said, “Our mission is to be the technology partner of choice for the construction and outdoor services industries. With our AI-driven solutions, these sectors can automate archaic manual workflows and experience a dramatic uplift in productivity”.
Attentive’s focus on using AI shows they’re serious about using the latest tech to solve problems in construction and outdoor services. They want to make things easier for these companies by doing things automatically that used to take a lot of time and effort. This should help these businesses save time and money, letting them focus on other important stuff.
“Attentive’s innovative technology leverages Vision AI to drive disruptions in old-economy industries such as Outdoor Field Services and Construction. Organizations in these sectors are hungry for technology solutions that can substantially improve efficiencies in their businesses,” said Nikhil Marwaha, Senior Executive Director at Vertex Ventures SEA and India.
Attentive’s technology is super impressive because it uses AI to change the way things are done in industries that still rely a lot on manual work. This means jobs can get done faster, with fewer mistakes, and using resources more wisely, which is a big deal for these companies. There’s a big demand for this kind of technology in these industries. This shows that companies are realizing they need to get with the times and use tech to stay ahead. Attentive is in a great position to help them out and make their work smoother and more efficient.
The company plans to use the fresh funds to make their products better, boost sales, and marketing, and improve how they help customers succeed. They’re focusing on two new products they recently launched: Accelerate and Beam AI. Accelerate is software that helps manage outdoor services businesses. Beam AI is a super smart tool made for the construction industry. It uses AI to help companies sell stuff more easily. By focusing on these new products, the company hopes to solve problems that construction and outdoor services businesses face. They want to give their customers tools that make their work smoother and help them do better overall.
(Image Source: Attentive.ai)
About Attentive.ai:
Found in 2017, Attentive.ai is a landscape management software provider with end-to-end automation for all field services businesses across the landscaping, asphalt, and paving, facilities maintenance, and snow removal industry. Their software- powered by cutting-edge AI, is designed to optimize your workflows and help you scale effortlessly.
One of their tools, Automeasure, helps with property measurement for landscaping, construction, paving, facility maintenance, and snow removal businesses. It uses current aerial images and blueprints to speed up estimating processes, saving time for sales teams and helping them win more bids. Attentive.ai’s landscape management software, Accelerate, provides a complete solution for commercial landscape maintenance and construction projects with automated workflows.
Attentive.ai is committed to tackling the major challenges in outdoor services businesses. The company is trusted by over 500 businesses in landscaping, snow management, paving maintenance, construction, and facility maintenance in the US and Canada, including top names like U.S. Lawns, Juniper Landscaping, Maldonado Nursery & Landscaping, United Land Services, Elements Mountain Company, Beary Landscaping, Paved Assets, East Coast Facilities, BrightView, Case Snow, and LandCare.
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