Seattle-based Xembly, the maker of an artificial intelligence “chief of staff” designed to automate tedious tasks like meeting notes, scheduling and to-do lists, raises $15 million in new funding. procured.
The startup’s conversational AI uses advanced natural language processing to understand the intent behind meetings, emails, and Slack conversations. The company likes to say that all employees get the power of an executive his assistant who takes repetitive and mundane tasks out of the job.
Xembly was co-founded by CEO Pete Christothoulou, founder and former CEO of conversation analytics company Marchex. His CTO Jason Flaks, who contributed to the Xbox Kinect and HoloLens products at Microsoft. His CGO Peter Francis, former global growth leader at Qualtrics, said:
The Series A cache will be used to power Xembly’s natural language processing and machine learning capabilities and grow the startup’s customer footprint.
The round was led by Norwest Venture Partners, with participation from existing investors Lightspeed Venture Partners, Ascend and Seven Peaks Ventures, and new investor Flex Capital. Xembly has raised his $20 million to date.
Madrona Venture Labs employs 20 people primarily in the Seattle area, and early customers include Twilio, Convoy, Unears, and Pacaso.
