GlobalWonks relaunches as Enquire AI following $5.5M round – TechCrunch

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Backed by a new $ 5.5 million cash injection in Series A funding, Global Wonks appeared on Tuesday: Contact AI..

Washington, DC-based companies leverage artificial intelligence with enterprise tools to find global, targeted expertise in real-time from internal and external resources.

Uzabase led an oversubscribed funding round with the participation of Teneo Ventures, Blu Ventures, and a group of angel investors. This will allow the company to raise a total of $ 6.1 million to date.

Enquire, then known as Global Wonks, was launched in 2018 by Bilal Baloch, Centk Sidar, and Fatih Orhan after experts realized that it was an undeveloped resource.

“To understand Kenya’s regulatory environment and Indonesia’s public health, we need to know how to get that information,” COOBaloch told TechCrunch. “You may go to an expensive company that relies on specialists who aren’t on site or the information isn’t fresh.”

Instead, its Network Pulse technology leverages these “wanks” through question-based tools. With this tool, someone asks a question and receives bite-sized answers in real time from potentially over 40,000 experts based on their expertise tags.

By providing short answers, professionals can take minutes to hours and gain additional revenue sources for their expertise. The questioner can also schedule additional time with an expert to dig deeper into the topic.

The name change to “Enquire” will move the company beyond “wonders” to new features, such as through API integration on an adjacent SaaS platform, to make it available to employees of the company’s minds and insights. It means that.

He estimates the expert network market to be $ 1 billion, and these new features and renaming will allow Inquire to enter the market research market, which is projected to be valued at $ 73 billion in 2020. In fact, other companies in this area are attracting ventures as well as capital. last week, Newton X Raised $ 32 Million For tools aimed at democratizing access to high-quality data and research Mystery Scale up your research team based on topics.

By raising Series A funding, the company hopes to diversify its portfolio of knowledge technology products, expanding new capital into team expansion, marketing, and the development of new API partnerships.

Inquire works with 50 companies and 300 clients around the world. Over the last 12 months, the company’s revenue has increased by 300% and its customer network has increased by 207%.

Yusuke Umeda, co-founder of Uzabase, said in a statement, “They are truly reinventing the way we receive and deliver expertise through technology, with the interests of all parties in mind. I am happy to be able to invest in the company I have placed. ” “This brings great value to the research, resources, and applications of this data for making important decisions every day.”

GlobalWonks relaunches as Enquire AI following $5.5M round – TechCrunch Source link GlobalWonks relaunches as Enquire AI following $5.5M round – TechCrunch

The post GlobalWonks relaunches as Enquire AI following $5.5M round – TechCrunch appeared first on California News Times.

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