Passage AI
Passage AI is a venture-backed company located in the heart of Silicon Valley. We were founded in 2016 by three Silicon Valley veterans with an extensive background in deep learning and artificial intelligence. We are funded by leading seed/angel investors. Our mission is to make it seamless for businesses to converse with their customers, and help businesses put their customers first. Passage AI's platform provides the AI, NLU/P, and deep learning technology as well as the bot building tools to create and deploy a conversational interface for your business.
Passage AI
Passage AI is a venture-backed company located in the heart of Silicon Valley. We were founded in 2016 by three Silicon Valley veterans with an extensive background in deep learning and artificial intelligence. We are funded by leading seed/angel investors. Our mission is to make it seamless for businesses to converse with their customers, and help businesses put their customers first. Passage AI's platform provides the AI, NLU/P, and deep learning technology as well as the bot building tools to create and deploy a conversational interface for your business.
TL;DR
Founded: 2016
Core product: Deep-learning conversational AI / NLU platform and bot-building tools (multilingual)
Total funding: About $10.3M (seed + $7.3M Series A)
Exit: Acquired by ServiceNow (Jan 2020)
Company Overview
Problem Domain
Conversational AI, natural language understanding, chatbot development for customer-facing automation.
Founded
2016
Industry
Artificial intelligence / Conversational AI
Funding Track Record
~$3M
Seed round announced September 2017
$7.3M
Series A announced May 2018
Investor Signal
“Raised venture funding including a Series A led by Blumberg Capital; investors included Storm Ventures, Engineering Capital, 11.2 Capital and others.”