Moveo.AI Secures $2.6 Million in New Funding

Moveo.AI announced a $2.6 million funding round to help enterprises develop private, personalized LLM Agents that they can trust.

Moveo.AI, a conversational AI software, has closed $2.6 million in new funding. Eleven Ventures led the round with the participation of Uni.Fund and Charge.vc. The funding will empower the company to enhance its platform and its own LLMs, focusing on creating personalized LLMs for businesses. It will also support the team’s growth, particularly in research and development.

Panos Karagiannis, CEO and co-founder of Moveo.AI shared: “We are incredibly excited about this new round of funding, which marks a pivotal moment for Moveo.AI. This investment validates our team’s hard work and dedication and reinforces our mission to provide enterprises with secure, personalized LLM solutions they can rely on. With these new resources, we aim to enhance our platform’s capabilities, expand our talented team, and broaden our reach into new markets. We look forward to forging new partnerships and continuing to innovate in the AI space, thus advancing our vision of revolutionizing enterprise AI solutions.”

Svetozar Georgiev, Partner at Eleven Ventures said: “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.”

(Image credit: Moveo.AI)

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About Moveo.AI:

Moveo.AI is a comprehensive Customer Experience (CX) platform that brings Generative AI into the enterprise. By using proprietary Large Language Models (LLMs) trained on both historical and real-time data, Moveo.AI creates self-improving GenAI agents that enhance both customer and employee interactions. Partnering with global enterprises like Viva, Edenred, and Allianz, Moveo.AI has built a strong presence in the USA, Greece, and Brazil.

(Source: Moveo.AI, Tech.eu)