Colabo

Company Overview

Snapshot

Founded in January 2011 by Yoav Dembak, Naama Halperin Berkovitch, and Asaf Wexler, Colabo operates with 11–50 employees. The company raised $10.5M across three funding rounds from six investors before being acquired by Uniphore in April 2022.

Business overview

Colabo provides a no-code Platform as a Service (PaaS) that enables businesses to integrate human, in-store, and digital assets for AI-powered digital conversations. Its core technology allows customers to initiate text or voice conversations with retailers using natural language, seamlessly handled by a combination of AI bots and human experts. Colabo serves markets within the retail and e-commerce sectors, focusing on improving conversion rates and customer satisfaction through automated follow-ups and enhanced user experiences. The company operates within the Business Software sector, specializing in Sales & Marketing Solutions and e-Commerce Tools, leveraging Artificial Intelligence, Voice & Speech Recognition, and Natural Language Processing.

Strategic signal

The acquisition of Colabo by Uniphore in April 2022 signals a strategic move to integrate Colabo's knowledge AI and automation capabilities into Uniphore's offerings. This indicates a market trend towards consolidating advanced AI solutions to enhance customer engagement and operational efficiency, providing a strong validation of Colabo's technology and its potential impact on the broader conversational AI landscape.

Company Intelligence Q&A

What was Colabo's most significant corporate event?

Colabo was acquired by Uniphore in April 2022. This acquisition aimed to integrate Colabo's knowledge AI and automation capabilities into Uniphore's platform.

When was Colabo founded and by whom?

Colabo was founded in January 2011 by Yoav Dembak, Naama Halperin Berkovitch, and Asaf Wexler.

What is Colabo's total disclosed funding?

Colabo raised a total of $10.5 million across three funding rounds, including a $7 million round in June 2015 and a $1.5 million seed round in May 2014.

Which investors participated in Colabo's June 2015 funding round?

In June 2015, Colabo raised $7 million in a funding round with participation from Kaedan Capital and Marker.

Which investors participated in Colabo's May 2014 funding round?

In May 2014, Colabo raised $1.5 million in a seed funding round with participation from Ray Rothrock.