Software:Balto

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Short description: Real-time AI guidance platform
Balto
IndustryComputer Software, Artificial Intelligence
Founded2017
HeadquartersSt. Louis, MO, U.S.
Key people
Marc Bernstein (Founder & CEO), Davidson Girard (Founder), and Chris Kontes (Founder & COO)
Websitehttps://www.balto.ai/

Balto is a real-time AI guidance platform for contact centers.

Overview

Balto was founded in January 2017 by Marc Bernstein, Davidson Girard, and Chris Kontes.[1] Balto AI listens to both sides of a conversation during a call and visually prompts agents with the best things to say, live on every call.[1][2] [3]

In 2019, Balto acquired $3MM in funding, in October 2020,[4] acquired $14.2MM and raised $37.5 million in a Series B funding round in 2021 bringing total funding to $51.2 million.[5][6]

Balto partnered with The Vanella Group, Inc in 2021, and CCaaS and UCaaS vendors in 2022, including: Genesys, RingCentral,[7] NobelBiz, Talkdesk, 8x8.[8][9][10]

As of January 2022, Balto has guided over 100 million conversations around the world through its conversational AI technology.[11]

References

  1. 1.0 1.1 "St. Louis AI software startup raises $3M, plans to double workforce". https://www.bizjournals.com/stlouis/news/2019/09/26/st-louis-ai-software-startup-raises-3m-plans-to.html. 
  2. "Balto Software helps drive sales and revenue through improved communication" (in en-US). 2019-03-27. https://siliconprairienews.com/2019/03/balto-software-helps-drive-sales-and-revenue-through-improved-communication/. 
  3. "Balto Gives Users Access to Powerful Real-Time Guidance Platform, Announces Availability in RingCentral App Gallery" (in en-US). 2022-03-10. https://aithority.com/natural-language/balto-gives-users-access-to-powerful-real-time-guidance-platform-announces-availability-in-ringcentral-app-gallery/. 
  4. "Balto, Real-time AI Call-Guidance Software, raises additional $3 million in Seed funding" (in en). https://markets.businessinsider.com/news/stocks/balto-real-time-ai-call-guidance-software-raises-additional-3-million-in-seed-funding-1028557124. 
  5. "Balto raises $37.5M in Series B from Stripes and RingCentral Ventures" (in en-US). 2021-08-20. https://saasindustry.com/news/balto-raises-37-5m-in-series-b-from-stripes-and-ringcentral-ventures. 
  6. "Call center automation startup Balto secures $37M" (in en-US). 2021-08-19. https://venturebeat.com/2021/08/19/call-center-automation-startup-balto-secures-37m/. 
  7. "Balto for RingCentral" (in en). https://www.ringcentral.com/apps/balto. 
  8. "The Vanella Group, Inc. and Balto 2021 Partnership Spotlight" (in en-US). 2021-07-14. https://salestechstar.com/price-optimization-revenue-management/the-vanella-group-inc-and-balto-2021-partnership-spotlight/. 
  9. "Balto and NobelBiz Partnership Aims To Improve The Contact Center" (in en-US). 2022-02-15. https://aithority.com/technology/analytics/business-intelligence/balto-and-nobelbiz-partnership-aims-to-improve-the-contact-center-ecosystem/. 
  10. "Balto Integrations in 2022". https://slashdot.org/software/p/Balto/integrations/. 
  11. "Balto Becomes First to Guide 100 Million Conversations in Real-Time" (in en-US). https://finance.yahoo.com/news/balto-becomes-first-guide-100-130000257.html.