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Rasa, an enterprise-focused dev platform for conversational GenAI, raises $30M
Founded in 2016, Rasa has raised $30 million in Series C funding co-led by StepStone Group and PayPal Ventures.
Founded in 2016, Rasa started out as an open source-based platform for developers to build chatbots, voice apps and other services that employ conversational AI for interactivity. On Tuesday, TechCrunch reported on Sierra – a conversational AI startup founded by former Salesforce co-CEO Bret Taylor and former Google employee Clay Bavor that claims its software can actually take actions on behalf of the customer. Rasa claims that it’s unique in that it lets businesses “leverage the full power of LLMs to understand language in a really nuanced way, without opening yourself up to these kinds of risks.” In other words, it says it uses LLMs to understand users, rather than to guess business logic or lead a conversation so that enterprises can retain control over the way conversations go and the things their bots say.
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