Moveo.AI, a GenAI-powered assistant building platform, has secured USD 2.6 million in seed funding led by Eleven Ventures, with participation from Uni.Fund and Charge.vc.

The company plans to use the funding to enhance the platform's capabilities, increase its employee base, and expand its reach into new markets.

Moveo AI offers a platform that enables users to create GenAI-powered agents. Users can upload various data sources, including past chat logs, knowledge bases, websites, and documents, and automate a range of customer support operations and processes. The platform utilizes a proprietary large language model (LLM), which it claims can automate over 70% of customer support functions and surpass third-party models like GPT-4 in latency.

Analyst QuickTake: GenAI-powered agent-building platforms have seen a recent uptick in investor interest within the workflow automation space, with several startups raising funding over the last few months. Moveo joins the likes of Cassidy , Dust , Enso , and Tektonic , which raised USD 3.7 million , USD 16 million , USD 6 million , and USD 10 million , respectively. Moreover, large disruptors have also been making strides to enter the space via new product launches. This includes 1) Pipefy , which launched a service delivery-focused AI agent solution , 2) Automation Anywhere , which launched an AI agent creation studio , and 3) Zendesk , which launched a customer service-focused AI agent solution .