Passage.ai Raises $3 Million
Enterprise IT startup Passage.ai closed $3 million in seed financing from a group of investors that includes Engineering Capital, Storm Ventures, Milliways Ventures, Array Ventures, NeoTribe Ventures, Eleven Two Capital, Gunderson Dettmer, and Seabed VC.
Passage.ai is a natural language understanding and processing (NLU/NLP) platform that can create deep conversational interfaces for any website or business. Its platform is currently being used by multiple Fortune 500 companies to deploy chatbots on messaging platforms or automated chat services on their websites. Enterprises can use Passage.ai’s chatbot experience manager to create custom experiences for chatbots, modify existing experiences, turn on and off messaging platforms where bots are not needed, and optionally provide training data for NLU/NLP models.