Gorgias Lands $29 Million in Series C-2 Funding

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;gorgias&period;com&amp&semi;esheet&equals;53992918&amp&semi;newsitemid&equals;20240515887469&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Gorgias&amp&semi;index&equals;1&amp&semi;md5&equals;b721665dbb092b8822740946ea730416" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Gorgias<&sol;a>&comma; a customer experience &lpar;CX&rpar; platform used by more than 15&comma;000 ecommerce brands&comma; announced &dollar;29 million in Series C-2 funding from existing investors&period; The new funding was led by SaaStr and Alven&comma; with participation from Horsley Bridge&comma; Amplify&comma; Shopify&comma; Sapphire&comma; CRV and Transpose Platform&period; Sunil Dhaliwal from Amplify has also been added a Board observer&period;<&sol;p>&NewLine;<p>Gorgias plans to the funding to expand its suite of industry-leading AI tools – including <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;gorgias&period;com&percnt;2Fproducts&percnt;2Fautomate&amp&semi;esheet&equals;53992918&amp&semi;newsitemid&equals;20240515887469&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Automate&amp&semi;index&equals;2&amp&semi;md5&equals;4fac2762b84af1527caadd56cf8adc93" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Automate<&sol;a> – to help ecommerce brands quickly automate at least 60&percnt; of their customer support&period; Ecommerce brands can now exceed customer expectations with instant&comma; accurate&comma; and on-brand answers to customer questions&comma; freeing up time to build world-class customer experiences&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;AI is now unlocking a new channel of growth for brands&comma;” said Romain Lapeyre&comma; CEO and Co-Founder of Gorgias&period; &OpenCurlyDoubleQuote;The opportunity for ecommerce brands is to leverage AI that puts them in control&comma; which means AI built upon the brand’s own data and fully integrated with the ecom stack&period; Reliable AI frees CX teams from responding to shipping questions to building relationships and selling&period;”<&sol;p>&NewLine;<p>Gorgias puts every conversation&comma; all in one place&semi; bringing together all the channels that shoppers use to contact online stores&comma; and integrates those conversations into one unified CX platform built atop a suite of AI features that help CX teams deliver experiences that drive growth&period; These AI-powered features – plus integrations that flow data to Shopify&comma; Loop Returns&comma; Recharge&comma; and 100&plus; other ecommerce tools – set Gorgias apart&period;<&sol;p>&NewLine;<p>Gorgias is the leading CX platform for Shopify&period; More than 15&comma;000 brands of all sizes trust Gorgias to transform CX into an efficient&comma; revenue-generating channel including Steve Madden&comma; Olipop&comma; Glamnetic&comma; TUSHY and Marine Layer&period;<&sol;p>&NewLine;<p>Funding will specifically be used to launch Gorgias’s <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;gorgias&period;com&percnt;2Fproducts&percnt;2Fautomate&percnt;23ai-agent&amp&semi;esheet&equals;53992918&amp&semi;newsitemid&equals;20240515887469&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;AI&plus;Agent&amp&semi;index&equals;3&amp&semi;md5&equals;454dd0b7ee1817e0c7b83a0e5ffecb85" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">AI Agent<&sol;a> – a fully autonomous AI teammate built on brands’ own knowledge bases&comma; data&comma; and integrations&period; AI Agent can instantly answer tickets&comma; perform actions in other apps&comma; and match a brand&&num;8217&semi;s tone of voice&comma; all while ensuring that human hand-off is always possible and smooth for the customer&period; Launching in July&comma; and in beta as of today&comma; AI Agent is already being used by leading brands like Psycho Bunny who have automated more than 25&percnt; of email tickets&comma; responding to and resolving them in minutes&comma; not hours&comma; all while achieving a higher CSAT than their human team&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The combination of AI and human agents is the future of support&comma;” said Tosha Moyer&comma; Senior Customer Experience Manager at Psycho Bunny&period; &OpenCurlyDoubleQuote;AI will never deliver perfect experiences by itself&period; But on the flip-side&comma; having too much support overhead can really hurt a business&period; Our team is excited to leverage Gorgias’s AI Agent to strike the right balance and deliver perfect customer experiences&period;”<&sol;p>&NewLine;<p>In a recent survey of more than 1&comma;000 ecommerce leaders&comma; Gorgias found that 94&percnt; of respondents believe that automation will become more important over time&period; That&&num;8217&semi;s why more than 5&comma;000 of Gorgias&&num;8217&semi;s 15&comma;000 clients use Gorgias Automate to enrich their on-site customer experience&comma; saving a total of 555 million minutes and &dollar;323 million in support-related costs through self-service automations in the past year&period; In addition&comma; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;gorgias&period;com&percnt;2Fblog&percnt;2Fautomation-impact-on-cx-data&amp&semi;esheet&equals;53992918&amp&semi;newsitemid&equals;20240515887469&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;recent&plus;research&amp&semi;index&equals;4&amp&semi;md5&equals;54944dbcae723df848caf343d305f681" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">recent research<&sol;a> from Gorgias found that brands who automate their CX see&colon;<&sol;p>&NewLine;<ul class&equals;"bwlistdisc">&NewLine;<li>36&percnt; more repeat purchases<&sol;li>&NewLine;<li>52&percnt; reduction in resolution time<&sol;li>&NewLine;<li>26&percnt; lower ticket-to-order ratio<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>&OpenCurlyDoubleQuote;Businesses everywhere are looking to get a competitive edge through AI&comma; but there are very few solutions on the market that actually deliver tangible results for their users&comma;” said Jason Lemkin&comma; founder and CEO of SaaStr and SaaStr Fund&period; &OpenCurlyDoubleQuote;The team at Gorgias is one of the rare exceptions&comma; which is why we are excited to continue investing in Romain&comma; Alex&comma; and their team to deliver solutions that are far ahead in a crowded market&period;”<&sol;p>&NewLine;

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