The most agile and innovative companies will rely on AI-powered digital “coworkers” alongside creative humans to enhance productivity and increase profits. Roots Automation has built the first zero integration, self-learning Digital Coworker (pre-trained bot) that can perform a variety of common tasks found in Insurance, Healthcare, and Financial Services roles. Through interactions with human counterparts, the pre-programmed bots increase their capabilities and become more efficient, better at understanding the business, and eventually have the capacity to offset the work of four to eight individuals on average per bot. AlleyWatch caught up with CEO and Cofounder Chaz Perera to learn more about the company, how his time as Chief Transformation Officer at AIG provided the inspiration for the Roots Automation, and the company’s first funding round led by Vestigo Ventures.
Vestigo Ventures
The AlleyWatch Startup Daily Funding Report: 11/11/2020
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/11/2020 featuring funding details for Roots Automation, Edquity, and much more.
#NYCtech Week in Review: 9/27/20-10/2/20
Retirable Raises $4.7M to Help Adults Plan for Retirement for Free
Saving for retirement is a flawed process and Americans age 51-61 reportedly only have a median balance of 21K in their retirement accounts. Retirable is the digital platform that builds a free retirement roadmap to help people retire in comfort. Since launching in October 2019, Retirable has helped 65,000+ pre-retirees and created 8,000 financial plans during its beta. While basic assessments are free, Retirable offers a premium service at $99 a year that helps people increase their monthly retirement income, working directly with Certified Financial Planners. AlleyWatch caught up with CEO and Cofounder Tyler End to learn more about Retirable’s service and recent funding round from investors that include Diagram Ventures, Primetime Partners, and Portag3 Ventures.
The AlleyWatch Startup Daily Funding Report: 9/29/2020
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/29/2020 featuring funding details for ButterflyMX, Buzzer, and much more.
#NYCtech Week in Review: 12/8/19-12/14/19
NYC Tech News for the week ending 12/15 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Kindbody, Augury, and much more…
Wagmo Raises $3M For Pet Insurance That Covers Wellness and Essential Needs
The average, lifetime cost that pet owners pay to get their dog groomed can top out at a whopping $14,400. Routine preventative and wellness care for dogs is expensive and Wagmo developed a new type of pet insurance that covers day-to-day essentials including grooming and dental work. Wagmo offers three tiers of annual membership plans […]
The AlleyWatch Startup Daily Funding Report: 12/11/2019
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 12/11/2019 featuring funding details for Wagmo, You & Mr. Jones, and much more.