Clerk Chat: AI-Based Conversational Messaging Platform Company Raises $7 Million

By Amit Chowdhry ● Oct 25, 2024

Clerk Chat, a leading AI telecom platform for enterprises, announced it raised a $7 million funding round led by Race Capital, with participation from HF0, Mento VC, and Altair VC. This funding will accelerate Clerk Chat’s electric growth, enabling the company to continue investing in superstars, expand its novel AI messaging capabilities, and deepen partnerships with telecom providers.

Clerk Chat’s vision for the future is to make it easy for any company to deploy AI agents on their existing telecom infrastructure. And customers have flocked to Clerk Chat for sales and support use cases while ensuring compliance in highly regulated industries like healthcare and finance. At a macro level, Clerk Chat enhances business efficiency, reduces operational costs, and improves customer satisfaction, ultimately driving long-term revenue growth for its clients.

Clerk Chat enables businesses to turn any phone number into a dynamic conversational messaging platform, enabling seamless communication for sales, marketing, and customer support. With 100+ million VoIP business lines globally and the broader business communication market valued at $360 billion, Clerk Chat is positioned to capture a significant share of this growing industry.

With 1,000+ customers across industries such as financial services, healthcare, logistics, and more, Clerk Chat has become the preferred solution for businesses seeking secure, and efficient large-scale AI messaging services. And the platform has experienced explosive adoption, with millions of human and AI-powered messages being exchanged between businesses and customers each month.  Since offering seamless integration with leading telecom providers, popular CRMs, and eDiscovery tools, it has created a turnkey solution for businesses to streamline their operations.

KEY QUOTES:

“This funding is a pivotal moment for Clerk Chat as we continue to scale and push the boundaries of business communication. With this investment, we’re doubling down on our mission to make every business conversational. We make it possible for any businesses to offer concierge-level service to their customers, at scale. Imagine a feeling of delight instead of dread when interacting with a company through calling and texting–it’s an exciting future.” 

-Alexander Haque, co-founder and CEO of Clerk Chat

“Our platform is built to revolutionize how companies interact with their customers; by integrating with Verizon, T-Mobile, AT&T, and more, now nearly every single business can leverage AI-powered communication to their customers across their existing telecom infrastructure, in the click of a button. This investment will allow us to accelerate our product development, drive our innovation as we further enhance our AI capabilities, and strengthen our integration with global telecom networks.”

-Igor Boshoer, co-founder and CTO of Clerk Chat

“At Race Capital, we believe Clerk Chat is positioned to be a major disruptor in the telecom space. Their ability to turn any existing phone conversation into an AI messaging powerhouse is transformative for any business. We are excited to be their partner as they redefine the future of enterprise communication.”

-Chris McCann, General Partner at Race Capital

“Clerk Chat’s ability to revolutionize the telecom industry with their seamless integration into existing systems is impressive. Their AI-powered platform is addressing real challenges that businesses face today, and I’m excited to see them continue to innovate and grow.”

-Dino Di Palma, former COO of Acme Packet and renowned telecom leader

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