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Funding
Cassidy raises USD 3.7 million in seed funding
Workflow Automation Platforms
Aug 20, 2024
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Workflow Automation Platforms

Workflow Automation Platforms

Aug 20, 2024

Cassidy raises USD 3.7 million in seed funding

Funding

  • Cassidy, a GenAI-powered automation platform, has secured USD 3.7 million in seed funding led by The General Partnership, with participation from Neo, Comma Capital, Spacecadet Ventures, and Ride Ventures, among others.

  • Cassidy offers a no-code/low-code platform that enables users to create AI-powered workflows and custom AI assistants via a drag-and-drop interface.  Users can connect to existing tools and leverage company-specific data to develop personalized AI experiences and automate various sales, marketing, and operations tasks. These include customer support, lead qualification, and request for proposal (RFP) processing. Furthermore, Cassidy’s system reportedly improves over time through human-in-the-loop processes, allowing users to verify and exclude specific information.

  • Analyst QuickTake: GenAI-powered agents have recently become a focus within the workflow automation space, with some leading players making strides within the past few months. This includes 1) Pipefy , which launched an AI agent solution to enhance service delivery; 2) Automation Anywhere , which launched an AI studio for users to create and manage custom AI Agents; and 2) Zendesk , which launched an AI agent solution for customer service automation. Tektonic , which offers a similar solution to Cassidy, also raised USD 10 million in fresh funding in April.

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