Tuesday, 02 January 2024 12:17 GMT

Maven AGI Raises $50M To Meet Surging Demand For Enterprise-Grade AI


(MENAFN- PR Newswire) Several new investors are also becoming Maven customers and strategic partners, underscoring the company's role as foundational infrastructure in the emerging AI-powered enterprise.

Originally focused on modernizing customer support, Maven AGI is now expanding across the full customer journey -connecting data, systems, and teams with agentic AI that drives business outcomes. The company's Business AGI platform integrates seamlessly with enterprise systems to resolve issues, surface real-time insights, and improve performance at every customer touchpoint.

From the beginning, Maven has prioritized three core principles that set its platform apart for the enterprise:

  • Trust – Maven prioritizes traceability, security , and compliance . The platform is fully compliant with SOC 2 Type II, HIPAA, PCI-DSS, ISO 27001, CCPA and GDPR standards.
  • Speed – With more than 100 plug-and-play integrations, Maven enables customers to launch in days and realize value quickly.
  • Depth – Maven's agentic AI is outcome-driven, capable of anticipating issues and proactively resolving them, rather than simply reacting to support requests.

"With fragmented systems slowing innovation, enterprises are urgently seeking a unified approach. Maven delivers on that need with AI that securely connects people, systems, and data across the entire customer lifecycle," said Jonathan Corbin, CEO and co-founder of Maven AGI.

The Series B funding will fuel Maven's continued expansion, including accelerated product development and go-to-market efforts. In a fast-moving market, the company is prioritizing rapid distribution and working closely with a network of partners and investors who have scaled some of the most successful technology companies in the world.

"Maven AGI is tackling one of the fastest-growing markets globally, and they've assembled a team with unmatched expertise in customer experience and AI," said Elana Lian, Partner at Dell Technologies Capital. "Their leadership's hands-on understanding of scaling impactful solutions positions them to fundamentally transform how businesses engage with customers."

"We invest in startups that are disrupting large categories at scale," said Amit Chaturvedy, Global Head & Managing Partner at SE Ventures. "Maven's platform is uniquely designed to handle the complex workflows and scale of huge corporations, like SE Ventures' LP, Schneider Electric."

Maven's momentum includes:

  • 0-40 enterprise customers over the last year
  • $0-$7M in revenue in 2024
  • Multi-year, seven-figure enterprise deals
  • 100% customer renewal rate

With a team of more than 80 employees across Boston, New York, and San Francisco, Maven serves a diverse roster of customers. These include publicly traded companies like Ibex, Tripadvisor, and SS&C Technologies Holdings, Inc.; fintech leaders such as Rho, Check, and Papaya Pay; established enterprises like Clio; and fast-rising consumer brands including Paris Hilton's Parivie Beauty.

"Maven is built for scale. As AI becomes the operating system of the enterprise, our mission is to ensure it delivers real business impact from sales to support and everything in between," Corbin added.

For more information or to request a demo, visit mavenagi .

About Maven AGI
Maven AGI builds enterprise-ready AI agents to support the full customer journey, with a focus on complex, high-friction enterprise environments. Its platform serves as a connected, intelligent operating layer that unifies systems, syncs functions, and orchestrates real-time action across the enterprise. Maven's mission is to build Business AGI.

Founded in 2023 by executives from HubSpot, Google, and Stripe, Maven AGI began by transforming customer service with autonomous agents capable of resolving up to 93% of inquiries. Today, organizations use Maven to bridge silos across support, sales, and operations-replacing broken handoffs with dynamic, context-aware workflows.

Maven AGI is backed by Dell Technologies Capital (DTC), Cisco Investments, SE Ventures (the venture capital firm backed by Schneider Electric), Lux Capital, M13, and E14 Fund. The company is also supported by advisors from OpenAI and Google.

SOURCE Maven AGI

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