Passage AI
Company

Last deal

$7.3M

Amount

Series A

Stage

02.05.2018

Date

2

all rounds

$10.3M

Total amount

date founded

Financing round

General

About Company
Passage AI uses NLU/NLP to create automated responses for customer inquiries on websites and messaging platforms.

Industry

Sector :

Subsector :

Keywords :

founded date

01.07.2016

Operating Status

Closed (01.02.2020)

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Passage AI's platform allows businesses to easily deploy a chatbot or automated chat service on their website or messaging platforms like Facebook Messenger, Kik, Skype, Telegram, and Slack. It requires minimal effort and no engineering resources, and can be customized using the Chatbot Experience Manager. The platform is currently used by Fortune 500 companies and is backed by leading seed/angel investors. Passage AI's mission is to help businesses engage with their customers and provide a seamless conversational experience.
Contacts

Contact Email

Social url

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M&A Details
1

Transaction name

Acquired by

ServiceNow

announced date

28.01.2020

Financials

Funding Rounds
2
2

Number of Funding Rounds

$10.3M

Money Raised

Their latest funding was raised on 02.05.2018. Their latest investor Engineering Capital. Their latest round Series A

Date 
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Investors 
Money Raised 
Lead 
02.05.2018
5
$7.3M
27.09.2017
5
$3M
Blumberg Capital

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San Francisco, CA, USA

count Of Investments

202

count Of Exists

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Co-Investors
Investors
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1

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Number of investors

Investor 
Lead 
Round 
Partners 
No
Seed, Series A
No
Seed, Series A
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People

Founders
3
Ravi Raj
Ravi Raj

Ravi Raj

Ravi N. Raj is the CEO and Co-founder of Passage.AI. In this role, he leads a team of AI and deep learning engineers that have created the industry-leading AI platform that businesses can use to create a conversational interface for their websites. Before co-founding Passage.AI, he led product for @WalmartLabs, Walmart’s hub for innovation around social, mobile and retail. Raj came to Walmart through the acquisition of Kosmix, where he served as the VP and GM of Kosmix’s sites, which included Kosmix.com, Tweetbeat.com, and RightHealth.com, then the second largest health site on the Web. Raj has also played leadership roles at Yahoo, AltaVista, and Elance (now Upwork) and hold patents in search, social media, and retail.

current job

ServiceNow
ServiceNow

organization founded

1

Ravi Raj

Mitul Tiwari
Mitul Tiwari

Mitul Tiwari

Mitul Tiwari is the Director of AI and Machine Learning Engineering at ServiceNow.

current job

ServiceNow
ServiceNow

organization founded

1

Mitul Tiwari

Madhu Mathihalli
Madhu Mathihalli

Madhu Mathihalli

Madhu Mathihalli is the Co-Founder and CTO of Hermis. Hermis is a team-bonding and team-building platform for distributed and virtual teams. With Hermis, you can create and organize rich experiences for happy hours, new hire onboarding, strategy offsites, holiday parties and various other events with a single click! Prior to co-founding Hermis, he was co-founder of Passage AI where he led a team of AI and Deep learning engineers to create industry-leading AI platform that businesses can use to create a Conversational interface for their websites. Passage AI was acquired by ServiceNow in February 2020.

current job

Hermis
Hermis

Madhu Mathihalli

Employee Profiles
8
Kendall Thornton

Kendall Thornton

Director of Marketing

Pascale Diaine

Pascale Diaine

Investor

Jonathan Taylor

Vice president of global sales and business development

Shelley Zhuang

Shelley Zhuang

Investor & Board Member

Activity

Recent News
0