Founded Year

2017

Stage

Seed VC - III | Alive

Total Raised

$8.25M

About ConverSight.ai

ConverSight.ai is a natural language platform that delivers business insights in real-time. This SaaS platform eliminates the need for tedious report generation and analysis, saving enterprise reporting costs.

ConverSight.ai Headquarters Location

1220 Waterway Blvd

Indianapolis, Indiana, 46202,

United States

ESPs containing ConverSight.ai

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Transportation & Logistics / Supply Chain Tech

Demand forecasting and inventory optimization platforms utilize sales data and other relevant metrics to drive improvements in the inventory planning process. Startups in the space use prediction engines and supply chain planning algorithms to help retailers improve ordering accuracy, boost sales, and decrease waste.

ConverSight.ai named as Outperformer among 7 other companies, including RELEX, Brightpearl, and Impact Analytics.

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ConverSight.ai's Products & Differentiation

See ConverSight.ai's products and how their products differentiate from alternatives and competitors

  • ConverSight.ai

    ConverSight.ai powered Intelligent business companion Athena, understands user behavior, context and intent of the conversation and uses machine learning, data science and cognitive techniques to deliver personalized insights and actions

    Differentiation

    Deep reinforcement learning is embedded into every aspect of ConverSight.ai. From understanding the conversational context to creating delivery narratives, platform interlinks advanced AI techniques… 

    ConverSight.ai’s characteristics includes: 

    Connect to multiple data sources, both structured and unstructured 

    Integrate with online applications through web services and APIs 

    Access to insights through narratives and questions(e.g., supply chain metrics) 

    Uncover data anomalies through data science 

    Provide personalized proactive-insights 

    Retrieve information (e.g., product search and specifications) 

Research containing ConverSight.ai

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

CB Insights Intelligence Analysts have mentioned ConverSight.ai in 1 CB Insights research brief, most recently on Aug 10, 2022.

Expert Collections containing ConverSight.ai

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

ConverSight.ai is included in 6 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

4,054 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

A

Artificial Intelligence

9,093 items

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

D

Digitization & Automation In Manufacturing

57 items

Software that helps operators predict maintenance events, downtime, and energy usage.

A

Advanced Manufacturing

2,001 items

Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.

E

E-Commerce

240 items

S

Store management tech (In-store retail tech)

301 items

ConverSight.ai Patents

ConverSight.ai has filed 1 patent.

The 3 most popular patent topics include:

  • Artificial intelligence
  • Artificial neural networks
  • Computational linguistics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/25/2020

3/9/2021

Natural language processing, Computational linguistics, Data management, Artificial intelligence, Artificial neural networks

Grant

Application Date

11/25/2020

Grant Date

3/9/2021

Title

Related Topics

Natural language processing, Computational linguistics, Data management, Artificial intelligence, Artificial neural networks

Status

Grant

Latest ConverSight.ai News

Solving Supply Chain Issues with Conversational AI

Mar 29, 2022

Conversight.ai’s Athena smart assistant makes user interaction with artificial intelligence easier to improve supply chain operations such as monitoring safety stocks, forecasting stockouts, and receiving supplier price alerts to avoid margin loss. Mar 29th, 2022 The application of artificial intelligence (AI) to data analytics continues to be a growing area of automation technology. In analytics applications of AI, the AI technology typically remains comfortably behind the scenes and out of reach of the user. As such, the AI is like the old Intel Inside ads launched in the 1990s in that it powers the system but you don’t interact with it directly as a user. New advances in technology surrounding AI are making this complex area of computing more understandable and interactive. An example of this interactive AI can be found in Conversight.ai’s Athena smart assistant . Jordan Howard, director of sales at Conversight.ai, presenting at PACK EXPO East 2022.In an Innovation Stage presentation at PACK EXPO 2022 discussing supply chain applications of AI, Jordan Howard, director of sales at Conversight.ai, explained that users of the Conversight.ai platform can ask questions of Athena, which directs the platform to create reports based on user questions. This process of asking questions to an automated system and receiving answers is known as conversational AI . “Users of Conversight.ai’s supply chain optimization software can ask questions such as: What are shipped revenues for this year? What is our revenue by inventory order? or What are our top products by SKU?” said Howard. Questions can be asked via voice or text. The data to provide these answers are pulled from enterprise systems as well as customer-facing online and social systems. Howard said the company has more than 100 built-in drivers to enterprise systems such as SAP and e-commerce systems, as well as Google Analytics and basic data collection software such as Excel. Watch this Take5 with Automation World video to learn more about the AI explosion in industrial automation . Howard said interaction with the system starts with your “need to know” insights provided by Athena that offer a big picture overview of your supply chain operations and where issues might occur. Based on questions users ask of Athena, in addition to the system’s regular reports, Athena then analyzes the trends “so you don’t have to keep asking those questions,” added Howard. According to Conversight.ai, personalized analytics delivered via interaction with the Athena smart assistant—rather than standardized analytics reports—enables the reports to address specific user preferences, parameters, and metrics. It also helps filter out unwanted data for more organized dashboards to focus user attention on what they need and want to see. Conversight.ai’s Athena smart assistant.Workbenches in the Conversight.ai platform address automation of demand planning, supply planning, and production planning. “It also monitors forecasts by actuals to help users see where they need to pivot,” said Howard. “The software also helps assess the business impact of stockouts and learns how to place orders based on lead times to avoid future stockout situations.” Common issues addressed by the Conversight.ai’s platform include: Monitoring safety stocks since, with today’s supply chain disruptions, users can’t “set and forget it anymore,” Howard said; Forecasting stockouts through more accurate demand projections; Automating creation of new reports, dashboards, and purchase orders; Identifying non-moving inventory and segmenting products, vendor, and customer data to better understand supply chain movement; and Receiving alerts for price increases so that manufacturers can add costs to quoted prices before margins are lost. During his presentation, Howard discussed the use of Conversight.ai’s platform by MavPak , a packaging materials and distribution company. “We started working with them in 2018  when they had $3 million in revenues and seven employees, two of which were customer success team members. After setting up the Conversight.ai system to create a self-service environment for employees, automating purchase order generation, and producing business insights, MavPak has experience 7x growth, with hundreds of new customers, and has only needed to add one new customer success team member to handle this growth.

ConverSight.ai Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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ConverSight.ai Rank

  • When was ConverSight.ai founded?

    ConverSight.ai was founded in 2017.

  • Where is ConverSight.ai's headquarters?

    ConverSight.ai's headquarters is located at 1220 Waterway Blvd, Indianapolis.

  • What is ConverSight.ai's latest funding round?

    ConverSight.ai's latest funding round is Seed VC - III.

  • How much did ConverSight.ai raise?

    ConverSight.ai raised a total of $8.25M.

  • Who are the investors of ConverSight.ai?

    Investors of ConverSight.ai include Augment Ventures, Bread & Butter Ventures, Elevate Ventures, Charmides Capital, Surface Ventures and 9 more.

  • Who are ConverSight.ai's competitors?

    Competitors of ConverSight.ai include Afresh, Shopventory, FourKites, Flowlity, Anvyl, RELEX, Crisp, Brightpearl, SAFIO Solutions, ThoughtSpot and 26 more.

  • What products does ConverSight.ai offer?

    ConverSight.ai's products include ConverSight.ai.

  • Who are ConverSight.ai's customers?

    Customers of ConverSight.ai include MavPak Inc. , Small Lot Wines and Dr. Agarwal.

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