Cresta: Closes $50M Series B Funding

  • Cresta, a San Francisco, CA-based expertise AI provider to the enterprise, closed its $50m Series B funding
  • The round was led by Sequoia Capital with participation from Greylock Partners, Andreessen Horowitz, Allen & Company and Porsche Ventures
  • The company will use the new funds to support its growth and continue to develop the Cresta Expertise Engine
  • Cresta aims to make business more productive by using Expertise AI to help sales and service teams unlock their potential via AI solutions
  • Key features of Cresta for Voice include real-time agent assistance and coaching during a customer phone call, call transcription
  • Cresta’s customers include Intuit, Porsche, and Cox Communications
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...

Stablecoin Bank Kontigo Suffers Cyber Attack, Disrupting Operations

The cyber incident raises concerns about security in fintech.Highlights: Kontigo, a prominent stablecoin bank, experienced a cyber attack.The...

Universal Launches UAE’s First Central Bank Registered Stablecoin

The new digital currency aims to enhance financial transactions in the UAE.Highlights: Universal launched the UAE's first Central...