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Attentive Inc Secures $7M in Series A Funding for AI SaaS Startup

Attentive Inc, a pioneering AI Software as a Service (SaaS) startup, has successfully raised $7 million in a Series A funding round. The investment was led by Vertex Ventures Southeast Asia and India, with significant participation from existing investors Peak XV Partners and InfoEdge Ventures.

This influx of capital is earmarked for bolstering various aspects of Attentive’s operations, including product development, sales, marketing, and customer success initiatives. The company is particularly focused on advancing its recently launched products, Accelerate and Beam AI.

Accelerate stands as a robust outdoor services business management software, designed to streamline operations and enhance efficiency in the sector. Meanwhile, Beam AI represents an innovative AI-based sales automation platform tailored specifically for the construction industry.

Shiva Dhawan, Co-founder and CEO of Attentive, articulated the company’s vision: “Our mission is to be the technology partner of choice for the construction and outdoor services industries. With our AI-driven solutions, these sectors can automate archaic manual workflows and experience a dramatic uplift in productivity.”

Founded in 2017 in the United States by Dhawan, along with co-founders Rishabjit Singh and Aishwarya, Attentive Inc has emerged as a trailblazer in addressing the unique challenges faced by construction and outdoor service businesses.

Nikhil Marwaha, Senior Executive Director at Vertex Ventures SEA and India, expressed confidence in Attentive’s disruptive potential: “Attentive’s innovative technology leverages Vision AI to drive disruptions in old-economy industries such as Outdoor Field Services and Construction. Organizations in these sectors are hungry for technology solutions that can substantially improve efficiencies in their businesses.”

Attentive boasts an impressive clientele, which includes renowned names such as Brightview, Juniper, Sperber, US Lawns, Clean Scapes, Beary Landscaping, Sebert Landscape, Maldonado Nursery, Rexel, National Wholesale Supply, and Silicon Valley Mechanical, among others.

With this latest round of funding, Attentive Inc is poised to further solidify its position as a frontrunner in revolutionizing the construction and outdoor services sectors through cutting-edge AI technology.

Investors and industry observers alike are keenly anticipating the transformative impact Attentive’s solutions will continue to have on these vital sectors, driving productivity, efficiency, and sustainability into the future.

Read More On: Thestartupscoup.Com

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