Ada

AI-powered customer service automation platform.

About

Founded

2016

Headquarters

Toronto, Canada

Industry

Customer Success Software, Artificial Intelligence (AI)

Company Description

A fully stocked, AI-powered customer service automation platform that resolves more inquiries with the least amount of effort.

Quick Links

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Funding

Total Raised

$190 million

Valuation

$1.2 billion

Significant Investors

Spark Capital, Tiger Global Management, Bessemer Venture Partners, Accel, FirstMark, Burst Capital

Company Traction

  • As of July 2023, Ada has 4.2 billion conversations.
  • As of July 2023, Ada claims customers can resolve up to 77% of customer service interactions through automation, and customers can train up on the platform 10x faster than other customer automation platforms.
  • As of May 2021, Ada reported it had increased revenue by 6x in the previous 3-year period.

Leadership Team

  • Mike Murchison: Co-Founder & CEO of Ada. Former Co-Founder & CEO of Volley.
  • David Hariri: Co-Founder of Ada. Former Co-Founder of Volley.
  • Jim Monroe: Chief Customer Officer at Ada. Former Global VP of Customer Experience at AppDynamics.
  • Diego Lomanto: CMO at Ada. Former VP of Product Marketing at UiPath.
  • Mike Gozzo: CPO & CTO at Ada. Former SVP of Product at Zendesk.

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