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There’s a startup looking to use artificial intelligence voice technology for something new: disrupting the freight and logistics business.
What’s happening:
- Artificial intelligence startup HappyRobot has raised $15.6M USD in a Series A financing round
- The new round was led by prominent Silicon Valley venture capital fund a16z
The big idea:
- HappyRobot has developed artificial intelligence powered agents who are capable of handling voice calls and processing large amounts of data seamlessly
- HappyRobot’s artificial intelligence technology is also able to track shipments, provide status updates and share real time location data
Why it matters:
- Artificial intelligence voice technology has been a emerging trend in both Silicon Valley and Wall Street, with SoundHound AI (NASDAQ: SOUN) notably scaling up their voice technology partnership with French insurance giant Apivia Courtage
Going deeper:
- HappyRobot has been quickly bringing their voice technology to large freight and logistics companies who rely heavily on voice calls to operate their businesses and need to constantly deal with large amounts of data, including unicorn startup Flexport
- Legendary Silicon Valley startup accelerator Y Combinator was a seed round investor in HappyRobot