Solvvy Brings In $12 Million

Machine learning startup Solvvy announced it has raised $12 million in Series A financing led by Scale Venture Partners, with participation from Pear VC, True Ventures, and Signatures Capital.

Solvvy’s first product, Solvvy for Support, delivers a self-service platform designed to improve customer satisfaction and decrease costs for businesses. According to the company, “This intelligent NLP solution is the first customer support SaaS application based on Solvvy’s powerful answer graph technology. Solvvy for Support deploys in days and delivers immediate financial returns for business.” Solvvy is already used by brands including UpWork, TaskRabbit, Rover.com, DoubleDutch, Automattic, and others.

This new investment will allow Solvvy to accelerate product development, focus on expanding its team, and grow its customer portfolio.