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Founded Year

2017

Stage

Series B | Alive

Total Raised

$53M

Last Raised

$30M | 3 yrs ago

About Espressive

Espressive provides an AI based enterprise service management (ESM) solution, which allows employees to get help. Barista, a virtual support agent (VSA) for enterprise service management (ESM), brings the ease of consumer virtual assistants, such as Alexa and Google Home, into the workplace.

Espressive Headquarters Location

5201 Great America Parkway Suite 110

Santa Clara, California, 95054,

United States

408-919-0203

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Espressive's Products & Differentiation

See Espressive's products and how their products differentiate from alternatives and competitors

  • Espressive Barista Virtual Agent

    CRISS

    Differentiation

    CRISS 

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    Differentiation

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Research containing Espressive

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Espressive in 1 CB Insights research brief, most recently on Mar 26, 2020.

Expert Collections containing Espressive

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Espressive is included in 3 Expert Collections, including Digital Health.

D

Digital Health

8,838 items

Startups recreating how healthcare is delivered

H

HR Tech

4,016 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

A

Artificial Intelligence

9,391 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Espressive Patents

Espressive has filed 4 patents.

The 3 most popular patent topics include:

  • Abstract data types
  • Barcodes
  • Cloud applications
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/14/2019

9/7/2021

Email, Message transfer agents, Cloud applications, Enterprise application integration, Information technology management

Grant

Application Date

2/14/2019

Grant Date

9/7/2021

Title

Related Topics

Email, Message transfer agents, Cloud applications, Enterprise application integration, Information technology management

Status

Grant

Latest Espressive News

Espressive Wins 2022 SaaS Awards for Best IT Management Solution

Sep 13, 2022

International Software Awards Program Recognizes Pioneer in AI for Automating Enterprise-ready Digital Workplace Assistance September 13, 2022 09:00 AM Eastern Daylight Time SANTA CLARA, Calif.--( BUSINESS WIRE )-- Espressive , the pioneer in artificial intelligence (AI) for enterprise service management (ESM), is the winner of the IT Management category in this year’s SaaS Awards program, which recognizes excellence and innovation in software solutions. “The new normal of uncertainty has sparked an intense focus on cost-containment and cost reduction. As a result, 69% of organizations are accelerating their digital business initiatives,” said Pat Calhoun, CEO and founder of Espressive. “With this in mind, help desk automation has gone from a ‘nice to have,’ to an imperative or digital projects will fail. Being named a winner in this year’s SaaS Awards is a testament to our team’s deep focus on elevating workplace help for both employees and organizations through automation.” Espressive Barista, an AI-based virtual support agent (VSA), addresses the challenges of a hybrid workforce and IT-team strain by delivering a VSA that increases employee productivity and satisfaction. Barista enables customers and partners to automatically and instantly resolve up to 76% of employee questions, deploy in as little as six weeks with an ROI on day 1, and recoup 1.2 weeks of productivity per employee per year. Barista automates the help desk, bringing the ease of consumer virtual assistants, such as Amazon Alexa, into the workplace, giving employees the kind of self-service experience that they have come to expect from their consumer lives. SaaS Awards lead judge Annabelle Whittall said, "An issue that many enterprise-level firms have is how to address low-level IT issues that affect the majority of users without using up valuable IT resources. A fairly elegant answer to this issue is the conversational AI chatbot for employees to fix IT issues. Espressive has earned a well-deserved honor.” This award covers a broad range of SaaS offerings covered by the term IT management, including but not limited to: incident management, asset management, enterprise mobility management (EMM), service desk, workload/process automation, and data recovery. Hundreds of organizations entered the SaaS Awards, with entries coming from across the globe, covering the Americas, Australia, Europe, and the Middle East. Finalists in the IT Management category were judged based on customer testimonials and case studies, third-party metrics, and supplementary materials. Head of Operations for the Cloud Awards, James Williams, said, “Espressive is a worthy winner of the SaaS Awards, offering something truly and effectively stand-out in an incredibly competitive category. Every year, we take pride in assessing the compelling solutions and performance of our candidates. The evolution and progress of submissions go only one way: up. Every edition of this business software ‘Oscars’ sees progressively exciting innovations as we face the increasing challenges and changes of the modern world.” About the SaaS Awards The SaaS Awards is a sister program to the Cloud Awards, which was founded in 2011. The SaaS Awards focuses on recognizing excellence and innovation in software solutions. Categories range from Best Enterprise-Level SaaS to Best UX or UI Design in a SaaS Product. Finalists were selected by a judging panel of international industry experts. For more information about the SaaS Awards, please visit https://www.cloud-awards.com/software-as-a-service-awards/ . About Espressive Espressive, the pioneer in artificial intelligence (AI) for enterprise service management, a 2019 Gartner Cool Vendor, and a 2020 Forrester New Wave Leader, redefines how employees get help by delivering exceptional employee experiences. Barista, the company’s virtual support agent (VSA), brings the ease of consumer virtual assistants, such as Amazon Alexa and Google Home, into the workplace. Barista automates resolution of employee questions, issues, and requests with personalized experiences that result in employee adoption of 80 to 85% and reduced help desk call volume of 50% to 70%. Espressive is backed by Insight Partners, General Catalyst, and Wing Venture Capital, and is headquartered in Santa Clara, California. Visit www.espressive.com for more information. Contacts

Espressive Web Traffic

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  • When was Espressive founded?

    Espressive was founded in 2017.

  • Where is Espressive's headquarters?

    Espressive's headquarters is located at 5201 Great America Parkway, Santa Clara.

  • What is Espressive's latest funding round?

    Espressive's latest funding round is Series B.

  • How much did Espressive raise?

    Espressive raised a total of $53M.

  • Who are the investors of Espressive?

    Investors of Espressive include General Catalyst, Wing Venture Capital and Insight Partners.

  • Who are Espressive's competitors?

    Competitors of Espressive include CogniCor Technologies and 2 more.

  • What products does Espressive offer?

    Espressive's products include Espressive Barista Virtual Agent and 1 more.

  • Who are Espressive's customers?

    Customers of Espressive include Solar Turbines and Dexcom.

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