AmplifAI Secures $3.9 Million Series A Funding Led by Naya Ventures, LiveOak Venture Partners and Capital Factory

By STS News Desk On Mar 25, 2019

AmplifAI to Enable Frontline Performance for Iterum Connections

Naya Ventures, LiveOak Venture Partners and Capital Factory invest in AmplifAI Solutions to accelerate market growth in 2019 and beyond

AmplifAI Solutions, Inc., the #1 Performance Acceleration Platform for enterprise contact centers, announces a $3.9 million round of funding with Naya Ventures, LiveOak Venture Partners and Capital Factory. AmplifAI will use the funding to scale marketing, sales and customer success, as well as fund further expansion of the platform.

AmplifAI’s Performance Acceleration Platform leverages the power of AI to improve sales and service performance. “AmplifAI provides a data-driven approach to accelerating performance by delivering personalized insights and actions directly to front line employees resulting in dramatically improved business outcomes,” said Sean Minter, Founder and CEO.

“AmplifAI’s unique approach leverages all of an enterprises’ structured and unstructured data with role specific visualizations to drive personalized insights and actions,” said Dayakar Puskoor, Managing Director, Naya Ventures, explaining the rationale behind the investment. “We believe that AmplifAI is a good fit in our enterprise efficiency investment theme and can add immediate value for any business that has a contact center.”

“We are excited to add AmplifAI into our portfolio of promising, high-growth companies. The exceptional team, high-value technology and the expanding market opportunity made this a compelling investment for us,” said Venu Shamapant, Co-Founder/Partner at LiveOak Venture Partners. “We look forward to helping AmplifAI expand their market presence.”

“Sean has a great track record building and scaling technology businesses in the Dallas area and has been involved with the Capital Factory Community for more than a year. We are delighted to take part in this unique growth opportunity,” said Bryan Chambers, VP of Accelerator and Investment Fund.