We Build Bots (IntelAgent) is in the midst of an equity crowdfunding campaign on Seedrs. The chatbot platform has raised £273,000 so far on a goal of £500,000. According to the campaign page, 155 investors have backed the AI focused startup.
As part of the pitch, and proof of concept, We Build Bots has configured its own chatbot to chat up investors regarding the investment offer. While not hosted on the Seedrs page if you visit IntelAgent you can ask the bot questions about the campaign.
While the responses are simple and typically direct the person asking the question to the Seedrs page it does show promise for users curious about offers going forward. We Build Bots supports platforms like Facebook, Amazon Alexa, Google, WeChat, etcl.
We Build Bots says it has developed an Artificial Intelligence (AI) driven customer service automation platform that applies AI to conversations which are captured through messaging apps to automate answers, perform tasks and even identify sales opportunities. The IntelAgent platform says it can handle many of the common queries traditionally managed by a call centre, freeing up staff time to deal with the more complex issues. Perhaps it should be incorporated on all investment crowdfunding offers?
The Bristol and Cardiff based business which has already secured backing from Development Bank Wales are seeking to raise match funding of £500,000 through Seedrs.
“Using a bot to promote investment in our bots was the obvious choice, enabling us to showcase the technology we’re asking for investment in. We’ve had a flying start to the campaign with over 55% of our funding target achieved in the first 10 days and anticipate reaching our goal within the funding period, enabling us to embark on the next phase of growth,” states CEO Paul Shepherd. “Messenger platforms continue to grow rapidly in popularity with Facebook messenger alone having more than a billion active monthly users and over 2 million exchanges between organizations and the public each month. Using AI chatbots to learn answers can save time for business and improve the experience for customers, getting the information they need quicker and allowing those working in customer services to focus on the more hard to handle queries.”
Shepherd predicts he will grow the business into a £100 million company within the next five years.
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