Clinc Raises $52m Series B as it Marches Towards IPO
Ann Arbor, Michigan-based Clinc is today announcing a $52 million Series B. The company behind the conversational AI platform netted cash from Insight Partners, DFJ Growth, Drive Capital, Hyde Park Venture Partners, and others.
This round of financing brings Clinc’s total amount of funding to $60 million and will help Clinc scale its conversational AI to new markets. Clinc plans to reach 140 employees by the end of 2019 and intends to move into a new 26,000 square foot office in Ann Arbor, MI. According to Clinc, the company achieved a 300% year-over-year revenue growth and expects to more than triple the business again this year.