Avoca Analysis: $500K Raised
What is Avoca?
Avoca specializes in providing AI-driven customer service representatives for home service businesses. Their technology allows for 24/7 customer interaction, ensuring no leads are missed. This approach significantly enhances booking rates and customer satisfaction for their clients.
Employees
11-50
Founded
2023
Industry
SaaS, AI/ML
Company Stage
Seed
Latest Funding Round Size
Multimillion
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$2,000,000
YC Batch
W23
Product Features & Capabilities
- 24/7 AI customer service representatives
- seamless integration with CRM systems
- automated call handling and scheduling
- real-time analytics for performance improvement
- personalized customer interactions tailored to business needs.
How much Avoca raised
Pre-Seed - $500,000
April 5, 2023Lead Investor: Y Combinator
Not specified - Multimillion
October 3, 2024Lead Investor: Silicon Valley investors, including Y Combinator
Who are the founders of Avoca
AS
Apurva Shrivastava
Founder
TC
Tyson Chen
Founder
Other Considerations
Notable clients include Aire Serv and Reliable Comfort; Customers report up to 90% booking rates; Demonstrated average 12% increase in booking rates within three months.
Investors
- Outbound Capital
- Citta Capital
- Formus Capital
- BoxGroup
- Davidovs Venture Collective
- Formulate Ventures
- The Cannon Project
- Y Combinator
