Conversica Ranked One of the Fastest-Growing Companies in North America on Deloitte’s 2018 Technology Fast 500

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Bospar

Nov 15, 2018, 12:15 ET


FOSTERCITY, Calif. (PRWEB) November 15, 2018 -- Conversica, the leader in conversational AI for business, was today named number 484 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America.

This is just the most recent nod the company has received — Conversica was recently recognized with a 2018 AIconics Award and a Digiday Technology Award; CEO Alex Terry was named a Top 50 SaaS CEO of 2018; and the company continued its move up the Inc. 5000 for the third year in a row. The company also just completed a successful $31 million Series C funding round, the largest Series C investment to date in a conversational artificial intelligence company.

“It is deeply gratifying to be included in Deloitte’s Fast 500,” said Terry. “Our AI Assistants are driving dramatic revenue growth and improved return on marketing investment for our customers — and doing it at scale. We’re also seeing improved morale on our customers’ teams as our AI Assistants automate the routine but important activities that take up so much time. We’re very excited about what’s going on at Conversica, and our accelerating growth year over year speaks to the fact that others are, too.”

Conversica automates routine business conversations and takes autonomous actions using virtual assistants powered by artificial intelligence. The company’s flagship AI Sales Assistant engages leads in a human-like conversation to qualify more of them for sales, freeing humans to spend more time personally connecting with customers and closing business.

For more information about Conversica and its AI solutions:

About Deloitte’s 2018 Technology Fast 500

Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and headquartered in North America.

About Conversica

Conversica is the leader in conversational AI for business and the only provider of AI-driven lead engagement software for marketing and sales organizations. The flagship Conversica® AI Sales Assistant helps companies find and secure customers more quickly and efficiently by automatically contacting, engaging, qualifying and following up with leads via natural, two-way conversations. Used by more than 1,000 companies worldwide, Conversica’s sales assistants are built on a proven and patented AI platform integrating natural language understanding (NLU), natural language generation (NLG), and deep learning capabilities and engage prospects over multiple communication channels and in multiple languages. Recognized by Gartner as a Cool Vendor, Conversica is a portfolio company of Providence Equity, Kennet Partners and Toba Capital and is headquartered in Foster City, Calif. To learn more, visit conversica.com and follow the company on Twitter, LinkedIn and Facebook.

Sara Black, Bospar, 213-618-1501, [email protected]