New York-based computer company Kasisto has secured $15 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Sept. 3 and led by Rho Capital Partners.
According to its Crunchbase profile, "Kasisto enables financial institutions to service, engage and acquire customers via human-like, intelligent conversations — anytime, anywhere. Kasisto’s Conversational AI platform, KAI, powers omni-channel virtual assistants and chatbots who are fluent in banking across mobile apps, websites, messaging platforms and voice-enabled devices."
The six-year-old company has raised three previous funding rounds, including a $17 million Series B round in 2017.
The round brings total funding raised by New York companies in hardware over the past month to $39 million. The local hardware industry has seen 157 funding rounds over the past year, securing a total of $2.1 billion in venture funding.
In other local funding news, commercial insurance company INSHUR announced a $1.5 million Series A funding round on Aug. 28, financed by Viola FinTech.
According to Crunchbase, INSHUR provides "commercial auto insurance for professional drivers, powered by data."
Founded in 2016, the company has raised three previous rounds, including a $2 million debt financing round earlier this year.
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