How Much Did Skit,ai Raise?
Funding & Key Investors

Skit,ai has secured $53.1M in total funding, with its most recent capital infusion amounting to $48M in a major strategic investment. This significant backing underscores the company's strong position in the AI-driven customer experience sector.

What is Skit,ai?

Skit,ai
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Skit,ai, formerly Vernacular.ai, is an AI-First SaaS business established in 2016 and headquartered in Bengaluru, India. The company specializes in enhancing customer experience through intelligent voice conversations. Its core technology aims to revolutionize how businesses interact with their customers by providing sophisticated AI solutions for voice-based communication, positioning it as a key player in the rapidly evolving customer engagement technology market.

How much funding has Skit,ai raised?

Skit,ai has raised a total of $53.1M across 2 funding rounds:

2020

Series A

$5.1M

2021

Series B

$48M

Series A (2020): $5.1M with participation from Exfinity Ventures, AngelList, Kalaari Capital, LetsVenture, and IAN Fund

Series B (2021): $48M led by Westbridge Capital Us Advisors, Kalaari Capital, Angelist Syndicate, and Exfinity Ventures

Key Investors in Skit,ai

Exfinity Ventures

Exfinity Ventures is an investment firm focused on early-stage B2B startups in India, with a specialization in innovative technologies. Their portfolio spans AI, robotics, and cybersecurity, indicating a strategic interest in advanced tech solutions.

Kalaari Capital

Kalaari Capital is a venture capital firm that invests in early-stage technology companies in India, supporting startups across various sectors including SaaS. Their focus on innovation aligns with Skit.ai's technological advancements.

Westbridge Capital Us Advisors

WestBridge Capital provides purpose-driven capital to Indian entrepreneurs, focusing on long-term growth and sustainable solutions across diverse sectors. Their investment suggests confidence in Skit.ai's scalable business model.

What's next for Skit,ai?

The recent major strategic investment signifies a pivotal growth phase for Skit,ai. This capital infusion is expected to fuel further development of its AI voice technology, expansion into new markets, and enhancement of its SaaS platform. The company is poised to leverage this financial backing to solidify its leadership in the AI-powered customer experience domain, driving innovation and scaling its operations to meet increasing global demand.

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Frequently Asked Questions Regarding Skit,ai Financial Insights

What are the most recent funding rounds that Skit,ai has completed, and what were the funding rounds?
Skit,ai has recently completed 2 funding rounds: Series B on Sep 1, 2021, Series A on May 6, 2020.
What is the total amount of funding Skit,ai has raised to date?
Skit,ai has raised a total of $53.1M in funding to date.
How many funding rounds has Skit,ai completed?
Skit,ai has completed 2 funding rounds.
How much funding did Skit,ai raise in its most recent funding round?
Skit,ai raised $48M in its most recent funding round.
Who are the lead investors in Skit,ai's latest funding round?
The lead investor in Skit,ai's latest funding round was Westbridge Capital Us Advisors. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Skit,ai's history?
The largest funding round in Skit,ai's history was $48M.
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