Seattle startup Xembly raises $15M for AI ‘chief of employees’ that automates tedious conversational duties
Seattle-based Xembly, makers of an artificial intelligence “chief of staff” designed to automate tedious tasks such as meeting notes, scheduling, to-do lists, and more, has raised $15 million in new funding.
The startup’s conversational AI relies on advanced natural language processing to understand the intention behind conversations in meetings, email and Slack. The company likes to say that every worker gains the power of an executive assistant that removes repetitive and mundane work from jobs.
Xembly was co-founded by CEO Pete Christothoulou, the founder and former CEO of conversational analytics company Marchex; CTO Jason Flaks, who was a leading contributor to the Xbox Kinect and HoloLens products at Microsoft; and CGO Peter Francis, former global growth leader at Qualtrics.
The Series A cash will be used to augment Xembly’s natural language processing and machine learning capabilities, and expand the startup’s customer footprint.
The round was led by Norwest Venture Partners, joined by existing investors Lightspeed Venture Partners, Ascend, Seven Peaks Ventures, and new investor Flex Capital. Xembly has raised $20 million to date.
The Madrona Venture Labs company employs 20 people, mainly in the Seattle area, and early customers have included, among others, Twilio, Convoy, Unearth and Pacaso.
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