Conversica raises $31 million

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Conversational AI startup Conversica has secured $31 million in a Series C funding round. The investment was led by existing investor Providence Strategic Growth Capital Partners (PSG), an affiliate of Providence Equity Partners, with participation Toba Capital and Kennet Partners, also existing investors in the company; along with new investors CIBC Innovation Banking and Savano Capital Partners.

Conversica has raised $87 million to date.

[Image courtesy: Conversica]