Ushur, has raised $5 million as part of its $25 million Series B funding from growth investment firm Iron Pillar and Alfac Global Ventures. This is the second investment from Iron Pillar Fund II, targeting growth stage cloud software companies. The Santa-Clara and Bengaluru based no-code intelligent automation company’s series B round was led by Third Point Ventures with participation from existing investor, 8VC. The company and its Board decided to extend the round to add Iron Pillar.
The Bengaluru based startup uses NLP and no-code automation to deliver “digital-first” customer experience solutions for industries like insurance, finance, and healthcare. The statement shared by the investment firm added platform automates interactions over web, mobile and email, transforming high-contact interactions into quick self-service workflows for the end-user, significantly increasing engagement, reducing processing time, and delivering customer delight in over 60 languages.
