AI Scaling Up Real-Person Research: Conveo Secures $50 Million Series A Funding

Beating AI News Flash: AI consumer research company Conveo has completed a $50 million Series A funding round, bringing its total funding to $55.8 million. Investors include DST Global Partners, Balderton, Visionaries, 6 Degrees Capital, and Y Combinator. The new funds will primarily be used for expansion in the United States. What Conveo does is quite simple: it uses AI to conduct interviews with real people on behalf of researchers. Consumers answer questions via video, voice, or text, and the AI follows up with additional questions based on their previous responses, rather than sticking to a fixed questionnaire. Hundreds of interviews can be conducted simultaneously, and afterward, the AI automatically organizes themes, verbatim responses, and conclusions. What used to take weeks for qualitative research can now deliver results in just a few days. Conveo has already been integrated into the research processes of many large companies. The company claims that over 400 enterprises are using its platform, including more than 50 Fortune 500 companies. Clients include Google, Unilever, AB InBev, and Canva. Additionally, the company is transforming one-off interviews into long-term services, enabling AI to continuously interview consumers and accumulate each round of results into a unified knowledge base. [Original Link]