Enterprise Bot secures growth credit from UBS to expand its conversational AI solution

26.06.2023 10:19, Rita Longobardi

Enterprise Bot, a leading startup in the field of conversational AI, has secured a growth credit from UBS to fuel its expansion plans. With CHF 2.5 million raised previously from venture capitalists and angel investors, this additional capital infusion will allow Enterprise Bot to strengthen its presence in the DACH region and further develop its team.

Enterprise Bot team

In the rapidly evolving landscape of conversational AI, Enterprise Bot has been at the forefront, continuously advancing its innovative solutions. Leveraging machine learning technology, the startup offers an AI platform that powers conversational chatbots, email, and voice bots for efficient customer service management and responsive client support. By integrating the powerful ChatGPT into its patent-pending DocBrain, Enterprise Bot has not only enhanced customer experiences but also set new industry benchmarks in terms of speed and cost-effectiveness.

Ravina Mutha, Co-founder of Enterprise Bot, expressed the transformative impact of ChatGPT on the company's capabilities, stating, "With ChatGPT, we can now build conversational AI assistants in a highly automated and sophisticated way, achieving a fast go-live for a retail bot for a German client in just 13 days! This breakthrough is also revolutionizing how we scale and maintain conversational AI, which has been a significant challenge in the past."

The successful upgrade of its solution has been one of the key factors driving Enterprise Bot's growth. With a dedicated global team of 50 full-time employees, the company has expanded its customer base across Europe, including Switzerland, Germany, the Netherlands, and the UK. Renowned clients such as Generali, SIX, Riverty global, LNER, NS, Assura, Sympany, Weltbild, Abhati Suisse, Swisscom, Cognizant, BSI, Genesys, and others have chosen Enterprise Bot for their conversational AI needs.

Enterprise Bot has now secured UBS's first non-dilutive growth credit to sustain its impressive momentum. The capital will primarily be utilized for marketing initiatives and team expansion, enabling the company to accelerate its growth trajectory and establish a stronger foothold in the DACH region. Ravina Mutha explains, "We will be onboarding sales and marketing experts to enhance our market penetration. From a product perspective, we are highly advanced, especially with our patent-pending DocBrain technology and integration with powerful language models like ChatGPT." This non-dilutive credit complements the existing equity capital of CHF 2.5 million previously secured from FiveT FinTech, SICTIC, and angel investors.

With the support of UBS and its innovative conversational AI solutions, Enterprise Bot is poised to continue its upward trajectory, revolutionizing customer interactions and shaping the future of intelligent automation in the DACH region and beyond.




Enterprise Bot participated in Venture Leaders Fintech in 2018. "Venture Leaders has provided us with the perfect platform to network and expand our business," said Pranay Jain, CEO and Co-founder of Enterprise Bot.