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Cheerio AI raised $1M in seed funding to expand AI tools and scale globally, serving 150+ enterprises with 450% revenue growth.
Cheerio AI, a Bengaluru-based AI customer engagement platform, has raised Rs 8 crore in seed funding led by Artha Venture Fund II, with participation from several angel groups and investors.
The company plans to expand into voice and video communication, develop a proprietary small-model large language model for ad generation, enhance AI automation, and grow its team in engineering, AI, sales, and customer success to support global scaling.
It serves over 150 enterprise clients across six industries and reported a 450% year-on-year revenue increase, with its tools generating over Rs 500 crore in additional revenue for clients through retention-focused strategies.
Cheerio AI recaudó $ 1M en financiación inicial para expandir las herramientas de IA y escalar a nivel mundial, sirviendo a más de 150 empresas con un crecimiento de ingresos del 450%.