Chorus.ai

AI-based Conversation Intelligence Platform

Business Software
Non Active, Dec 2021 due to acquisition

Company Overview

Snapshot

Founded in January 2015 by Roy Raanani, Micha Y. Breakstone, and Russell Levy, Chorus.ai operates with 11–50 employees. The company has raised a total of $100.3 million across 4 funding rounds from 4 investors. In July 2021, ZoomInfo acquired Chorus.ai for $575 million.

Business overview

Chorus.ai provides an AI-based conversation intelligence solution designed for sales teams. The company's technology helps improve sales performance and management effectiveness by analyzing sales conversations to identify factors impacting outcomes. It enables the capture and learning of insights from thousands of hours of sales interactions, serving the enterprise and professional services markets within the business software sector, specifically focusing on sales and marketing solutions.

Strategic signal

In July 2021, Chorus.ai was acquired by ZoomInfo for $575 million. This acquisition signals a significant consolidation within the sales intelligence and conversation analytics market, validating Chorus.ai's technology and market position while providing ZoomInfo with enhanced AI capabilities to integrate into its platform.

Company Intelligence Q&A

What was a significant corporate milestone for Chorus.ai?
In July 2021, Chorus.ai was acquired by ZoomInfo for $575 million, marking a major exit for the company.
When did Chorus.ai secure its Series A funding?
Chorus.ai secured its Series A funding round in February 2017 from Redpoint Ventures, raising $16 million.
What was Chorus.ai's most recent funding round?
Chorus.ai completed a C Round in July 2020 with investments from Georgian Partners and Sozo Ventures.
What was Chorus.ai recognized for in September 2020?
In September 2020, Chorus.ai announced it had built the largest patent portfolio in the conversation intelligence industry.
What product enhancement did Chorus.ai launch in September 2020?
In September 2020, Chorus.ai launched its most advanced outcome-based analytics for conversation intelligence.