Directly Software Inc.

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Directly Software Inc. - overview

Established

2011

Location

San Francisco, CA, US

Primary Industry

Software

About

Directly Software Inc. specializes in AI-driven customer support solutions that integrate human expertise with automation to enhance customer experience, enabling companies to efficiently manage inquiries across multiple languages. Founded in 2011, Directly Software Inc. is headquartered in San Francisco, US.


The company provides AI-enhanced customer support services, facilitating the scaling of support teams significantly. It has participated in 8 funding rounds, with the most recent deal dated March 17, 2022, where it raised USD 11. 00 mn from investors including Costanoa Ventures and Samsung NEXT Ventures. The firm’s founders, André Branco and Antony Brydon, played pivotal roles in establishing its innovative approach to customer service.


Notably, in March 2022, CSS Corp. acquired Directly's OnDemand business unit, but specific financial terms remain undisclosed. Directly, now part of Movate, offers an innovative, AI-driven customer support solution that integrates human expertise with advanced automation to enhance customer experience (CX). Their core product allows companies to instantly scale support teams by up to eight times, addressing surges in customer inquiries without delay.


The service operates on a pay-for-performance model, ensuring that experts are compensated based solely on successful issue resolution. This approach caters to a diverse client base across various industries, enabling businesses to efficiently manage customer support in over 100 languages through AI-enhanced translation and localization capabilities. The company serves a global market, with implementations tailored for clients in North America, Europe, and Asia, providing seamless support solutions that drive customer satisfaction and operational efficiency. Directly generates revenue through its subscription-based model, where clients pay for access to its AI-powered customer support platform and associated services.


The financial structure is designed to align with business outcomes, where clients only incur costs when support issues are resolved successfully. This model is particularly advantageous for companies seeking to optimize their customer support operations while controlling costs. The firm’s service offerings include flagship products like AI-driven ticket routing and automated peer-reviewed answers, which are integral to maintaining high customer satisfaction levels. Revenue transactions typically involve B2B partnerships, where businesses engage with Directly for scalable support solutions, ensuring a consistent and responsive customer service experience.


Directly plans to leverage recent funding from its March 2022 funding round to enhance its product offerings and expand into new markets. Upcoming launches include advanced features for their AI-driven platform, expected to rollout by the end of 2023. The company aims to penetrate additional regions in Europe and Asia by mid-2024. The recent acquisition by CSS Corp.


may also influence their strategic direction and growth capabilities.


Current Investors

Northgate Capital, True Ventures, Costanoa Ventures

Primary Industry

Software

Sub Industries

Web Applications, Social Networking & Communication Platform, Analytics & Performance Software, Application Integration Software, Customer Relationship Management

Website

www.directly.com

Verticals

Artificial Intelligence, Artificial Intelligence, Cloud Computing, Mobile Apps

Total Amount Raised

Subscriber access only

Directly Software Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedDirectly Software Inc's OnDemand business unit-

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