German agentic AI company Parloa raises $120m in Series C round
Parloa, a Germany-based company that specialises in Agentic AI for customer experience, has raised $120m in Series C funding to expand its Agentic AI customer service platform.
Led by Durable Capital Partners, Altimeter Capital and General Catalyst, this round elevated the company's valuation to $1bn.
It involved participation from RPT Capital, EQT Ventures, Senovo and Mosaic Ventures.
Durable Capital Partners managing partner and chief investment officer Henry Ellenbogen said: 'We are proud to lead this Series C funding round and partner with Parloa's impressive leadership team.
'We chose to invest in Parloa because the company is uniquely positioned to lead this next wave of customer experience innovation and transform this rapidly growing market. We look forward to supporting their mission as they scale to meet global demand.'
Founded in 2018, Parloa focuses on a Agentic AI management platform, aiming to transform customer service for enterprises.
Over the past year, following a $66m Series B round, the company launched the AI Agent Management Platform (AMP), described as the first Agentic AI platform tailored for enterprise contact centres.
Parloa said that its technology is used by several major organisations including Fortune 200 companies.
The platform enables the creation and deployment of AI agents capable of engaging in personalised and natural conversations with customers.
These agents are tested extensively before going live, incorporating measures such as simulation, data isolation and content filtering.
Parloa plans to use the latest investment to scale its operations in North America and Europe.
Additionally, Parloa intends to enhance the capabilities of its AMP platform and strengthen its workforce through global talent acquisition.
Parloa CEO and co-founder Malte Kosub said: 'The way people interact with businesses is changing forever. At Parloa, we have been at the forefront of that change and are helping enterprises transform customer service with AI.
'Our customers are building 1:1 relationships between AI agents and their customers with every interaction to deepen loyalty, realise new revenue streams and create highly personalised experiences.
'This new funding accelerates our mission to expand the category-defining AI Agent Management Platform for enterprises.'
"German agentic AI company Parloa raises $120m in Series C round" was originally created and published by Verdict, a GlobalData owned brand.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Jim Cramer Highlights Procter & Gamble (PG) 'Plans to Cut 7,000 Jobs Over Two Years'
We recently published a list of . In this article, we are going to take a look at where The Procter & Gamble Company (NYSE:PG) stands against other stocks that Jim Cramer discusses. Discussing what is affecting the consumer packaged goods stocks, Cramer mentioned The Procter & Gamble Company (NYSE:PG) and stated: 'We learned this morning that Procter & Gamble, the unbelievably best consumer packaged goods enterprise on Earth, plans to cut 7,000 jobs over two years. This trimming the workforce would normally have the stock jumping, the market loves cutting costs. It would've been still one more sign that Procter will stop at nothing to keep profitability growing. In a good tape, we would've presumed that P&G is using cheap AI to replace expensive people. But now, when we read the headline, we assume something must be really terribly wrong at the company, and it gets hammered.' Procter & Gamble (NYSE:PG) provides a wide range of consumer packaged goods across categories such as beauty, grooming, health care, home care, fabric care, baby care, feminine care, and family care, sold under established brand names. A happy couple viewing the products of this household and personal product company in a mass merchandiser store. Overall, PG ranks 12th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of PG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
Jim Cramer Recommends Axon Over Gorilla Technology (GRRR)
We recently published a list of . In this article, we are going to take a look at where Gorilla Technology Group Inc. (NASDAQ:GRRR) stands against other stocks that Jim Cramer discusses. A caller asked for Cramer's thoughts on Gorilla Technology Group Inc. (NASDAQ:GRRR) during the lightning round, and he replied: 'Man, you're like, you're way over the edge… We're going, you know what we're going to do for video surveillance, I'm going to send you to Axon.' Gorilla Technology (NASDAQ:GRRR) delivers advanced solutions in AI-powered monitoring, security, and IoT applications across various sectors, including smart buildings, policing, transportation, and port operations. A data center filled with the latest servers and networking equipment representing the company's cutting edge security infrastructure. On May 22, Gorilla Technology (NASDAQ:GRRR) announced that it completed repurchasing more than $1.8 million of its own shares in April and May. The company raised the total buyback under the current program to $5.4 million over the last year, with $4.6 million still available from the $10 million approved by the Board. Overall, GRRR ranks 9th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of GRRR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
an hour ago
- Yahoo
AI Insider Takes Us Inside Trump and Musk's Quiet Plan to Reboot America
BALTIMORE, June 08, 2025 (GLOBE NEWSWIRE) -- New briefing reveals the creation of a secret AI system designed to reshape the country's infrastructure, governance, and future — starting July 1. Bestselling author and longtime tech analyst James Altucher has released a stunning new report that pulls back the curtain on what he calls 'the most important project in America today' — and it has nothing to do with Washington. According to Altucher, Elon Musk is building a system called Project Colossus — a privately operated supercomputer that's now being quietly positioned as the technological foundation of a new, AI-driven America. It All Started on Day One Altucher points to Donald Trump's very first executive action in office as the moment this project became possible. 'In one of his FIRST acts as President… Donald Trump overturned Executive Order #14110.' That single move, Altucher says, eliminated regulatory bottlenecks and opened the floodgates for full-speed development by private operators — especially Musk. Hidden in Plain Sight 'Right here, inside this warehouse in Memphis, Tennessee… lies a massive supercomputer Musk calls 'Project Colossus.'' Altucher reports that the machine is already live, powered by 200,000 of Nvidia's most advanced AI chips — with a tenfold upgrade scheduled for rollout by July 1. 'Making it the most advanced AI facility known to man.' The Mission: Replace the System According to Altucher, Colossus isn't just designed to speed up processes — it's meant to replace outdated decision-making structures altogether. 'AI 2.0… gives that knowledge to intelligent machines that I believe will solve our problems for us.' Altucher warns that while most Americans are focused on politics-as-usual, the real transformation is happening behind firewalls — with Musk writing the code, and Trump clearing the path. About James Altucher James Altucher is a computer scientist, entrepreneur, and bestselling author who has worked in artificial intelligence for over four decades. A contributor to IBM's Deep Blue and an early AI pioneer on Wall Street, his latest briefings reveal the hidden buildout of America's post-industrial, AI-powered infrastructure — and the forces quietly driving it. Media Contact:Derek WarrenPublic Relations ManagerParadigm Press GroupEmail: dwarren@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
