GenAI Startup Vodex Secures $2M in Seed Funding for Expansion

April 6, 2024, 3:41 am
Vodex.AI
Vodex.AI
Total raised: $2.32M
Vodex, a GenAI startup based in Bengaluru, India, has successfully raised $2 million in a seed funding round led by Unicorn India Ventures and Pentathlon Ventures. The company plans to utilize this capital for global expansion and scaling its business to new heights in the upcoming year.

Founded by Anshul Shrivastava and Kumar Saurav, Vodex specializes in developing Generative AI-powered virtual sales agents that facilitate natural, human-like conversations and automate sales processes. This cutting-edge technology enables businesses to engage customers through authentic phone interactions, ultimately boosting sales and enhancing customer relationships.

Since its inception in 2022, Vodex has been assisting businesses in the US and Canada with their outbound calling requirements using its proprietary Gen AI-powered solution. With plans to launch Vodex 3.0 in the near future, the company is poised for significant growth and innovation in the GenAI space.

Unicorn India Ventures and Pentathlon Ventures, the lead investors in this funding round, expressed confidence in Vodex's disruptive capabilities and potential to revolutionize the tech industry. By harnessing the power of GenAI and SaaS, Vodex aims to help enterprises manage their CRM engagements more efficiently and effectively.

With a strong track record of success, including achieving $1 million in annual run rate within a year and securing previous funding from 100X.VC, Vodex is well-positioned to become a key player in the GenAI market. The company's focus on delivering personalized, human-like customer interactions sets it apart in the competitive landscape of AI-driven sales solutions.

As Vodex continues to innovate and expand its offerings, the future looks bright for this dynamic GenAI startup. With the support of strategic investors and a talented team, Vodex is poised to lead the way in transforming sales and customer engagement through the power of artificial intelligence.