Chorus.ai

Company Overview

Snapshot

Founded in January 2015 by Roy Raanani, Micha Y. Breakstone, and Russell Levy, Chorus.ai operated with 11–50 employees. The company secured funding across 4 rounds from 4 investors, raising a total of $100.3 million. A significant milestone was its acquisition by ZoomInfo in July 2021.

Business overview

Chorus.ai provided an AI-based conversation intelligence solution specifically designed for sales teams. The company's core technology leveraged artificial intelligence and natural language processing to analyze sales conversations, aiming to enhance sales skills and improve management effectiveness. By capturing insights from thousands of hours of sales interactions, Chorus.ai's platform helped identify factors impacting sales outcomes. The company operated within the Business Software sector, focusing on Sales & Marketing Solutions for enterprise and professional services in markets such as the United States.

Strategic signal

In July 2021, Chorus.ai was acquired by ZoomInfo. This acquisition signifies a strategic consolidation within the sales intelligence and conversation analytics market, indicating a growing demand for integrated platforms that combine data-driven insights with sales enablement tools. For investors, this highlights the value placed on AI-powered solutions that can directly impact sales performance and CRM effectiveness, suggesting a trend towards comprehensive revenue intelligence platforms.

Company Intelligence Q&A

What is Chorus.ai's primary focus?

Chorus.ai develops an AI-based conversation intelligence platform that helps sales teams improve their selling skills and managers enhance their ability to manage, based on data showing the specific factors that have the greatest impact on the outcome of sales conversations.

When was Chorus.ai acquired?

Chorus.ai was acquired by ZoomInfo in July 2021.

Which investors participated in Chorus.ai's July 2020 funding round?

In July 2020, Chorus.ai secured funding from investors including Georgian Partners.

What was a notable product development for Chorus.ai in September 2020?

In September 2020, Chorus.ai launched advanced outcome-based analytics for conversation intelligence, enhancing its platform's ability to provide deeper insights into sales interactions.

What recognition did Chorus.ai receive in December 2019?

In December 2019, Chorus.ai won the Aragon Research Innovation Award for Conversational AI, recognizing its advancements in the field.