AI Startup Funding
Omilia raises $67M after contact center AI ARR jumps tenfold
By Arjun
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7 Aug 10:08 AM
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Via TechCrunch
Athens based Omilia closed a $67 million Series B led by Expedition Growth Capital, its first raise since a $20 million Series A in 2020. The voice first agentic customer service vendor says annual recurring revenue grew more than tenfold to over $60 million, with clients including Capital One, Discover, RBC, and Taco Bell. Proceeds fund a U.S. office later in 2026 and a larger go to market team. Why it matters: enterprise voice AI that compounds on unit economics is still raising without chasing pure generative hype. Caveat: closing remains subject to customary conditions, and high volume food ordering pilots still carry operational risk.
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Pune legal-tech startup NYAI raised $1.5 million in seed funding from Indian family offices and strategic angels to expand a corpus of Indian statutes, rules, and judgments and grow its compliance platform. ET Entrepreneur reports the stack plugs into an enterprise's existing large language models so sensitive matter never leaves the customer's infrastructure. Co-founder Chinmay Bhosale argues Western legal AI is optimized for counsel cost, while Indian teams need owned workflows shaped to layered local practice. Fresh capital will also support deployments at enterprises, listed companies, and law firms. The round is early-stage, so corpus coverage and production reliability still rest mainly on company claims.
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