Mavenoid raises $8M Series A to apply AI to technical product support

Mavenoid, a startup founded in Stockholm that helps companies scale tech-focused product support via an AI-powered chatbot, has raised $8 million in Series A funding. The company says the new capital will be used to invest further in product development and to fuel international expansion, including tripling the size of the team size over the next 12 months. It recently signed up a number of Fortune 500 companies, including HP and ABB.

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