Our friends at Newark Venture Partners (NVP), the venture fund catalyzing innovation in Newark, hosted demo day for its latest cohort of startups participating in its NVP Labs program. We had a chance to catch up with founders in the cohort and learn more about their businesses as they hit the stage. Here is a brief snapshot:
Founded in Israel in 2016 by Netanel Gilad and Yoav Yanovski (both Israeli Military intelligence officers), BOTique.ai is an enterprise-level chat platform that uses proprietary conversational AI to serve as the first touch point for contact requests, reducing the resources necessary for a traditional and expensive call center operation.
Customers can leverage several modules to build their own intelligence assistant that can be used with Facebook Messenger, Telegram, Skype, and WhatsApp. The agent then provides context-based conversational support that leverages advanced AI and Natural Language Understanding algorithms. The company already has several enterprise customers.
Prior to their acceptance into NVP Labs, the company previously closed a $400K convertible note in 2017 from pre-seed firm Right Side Capital Management.