VAIOT lands $6 million to make AI assistants useful for business!


Here are a few highlights:

  • “VAIOT – a developer of AI-powered digital services for businesses and consumers – has announced that the company secured €5 million ($6 million) through seed funding and a private sale of its VAI tokens.”
  • “The difference here is that VAIOT develops purpose-built intelligent virtual assistants (IVAs) that allow companies to move processes to AI-powered channels and VAIOT-labeled IVAs for those companies’ consumers. The result is a virtual service channel that is more purpose-driven that the AI assistants we’re used to since they do not have to have a response for every possible question.”
  • “There are a few reasons why we initially tackled the car insurance industry first,” Paweł Stopczyński, R&D Director at VAIOT. “First of all, in most countries, car insurance is mandatory, which translates into significant market opportunities for our solution. The market is vast; there are many car insurance providers with circa 950 separate entities in European countries only. The UK motor insurance market, which we targeted initially, amounts to 237 companies. Since we are initially offering VAIOT as an innovative digital service distribution channel for businesses, those numbers are promising.”

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