TLDR:
- NLX, a NYC-based provider of an enterprise AI platform, raised $12M in Series A funding.
- The funding round was led by Cercano, with participation from Thayer Ventures, HL Ventures, IAG Capital Partners, JetBlue Ventures, and Tech Square Ventures’ Engage.
NLX, led by CEO Andrei Papancea, offers an end-to-end enterprise AI platform for creating, managing, deploying, and analyzing chat, voice, and multimodal conversational applications. The platform leverages generative AI, cloud software, and conversational AI technology to enable brands to manage conversational deployments across their entire enterprise. NLX has customers such as Red Bull and Copa Airlines and has engaged with Comcast following their participation in the Comcast NBCUniversal LIFT Labs accelerator program. The company’s largest deployment is rolled out in 90 countries and over 65 languages and locales. The funding will be used to expand operations and development efforts.
