CommBox.io
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CommBox.io - overview
Established
2013
Location
Glil Yam, -, Israel
Primary Industry
Internet
About
CommBox. io is an AI-powered customer engagement platform based in Israel, enhancing multi-channel communication for businesses through innovative tools like chatbots and voice agents, aimed at improving customer service experiences. CommBox. io, founded in 2013 and headquartered in Glil Yam, Israel, specializes in AI-driven customer engagement solutions.
Founded by Eli Israelov, the company has raised a total of USD 15. 00 mn through 4 funding deals, with the latest Growth round led by PSG Equity on November 18, 2024. CommBox offers a comprehensive AI-powered customer engagement platform designed to streamline communication across multiple digital channels. The platform's core functionalities include intelligent chatbots, AI voice agents, and proactive messaging campaigns, enabling businesses to provide seamless customer service experiences.
These tools are crafted to address various customer needs, such as instant support, lead generation, and customer engagement, effectively resolving complex inquiries while enhancing customer satisfaction. CommBox primarily serves enterprises across industries including telecom, retail & eCommerce, insurance, healthcare, and financial services, with a client base that includes leading brands leveraging the platform to optimize their customer interactions. The products are marketed globally, with a strong presence in North America, Europe, and the Asia-Pacific region, effectively catering to a diverse range of end users. CommBox generates revenue through a subscription-based model, where clients pay for access to the platform's suite of services.
This structure typically involves various pricing tiers based on the selected functionalities, allowing clients to choose options that best fit their needs. Transactions may occur between CommBox and its clients, who are primarily B2B enterprises seeking to enhance their customer engagement through advanced AI solutions. Flagship offerings include the Era Generative AI, which facilitates automation and AI-driven workflows, and the omnichannel integration that allows seamless interaction across different platforms. The revenue model is designed to support ongoing partnerships in customer service automation, reflecting the company's commitment to delivering value to its clients through innovative technology.
In November 2024, lead investor PSG Equity invested USD 15. 00 mn in CommBox. io. The investment will support the company's growth initiatives in North America and Europe, as well as the development of its AI-based technologies.
The company plans to launch new product features aimed at enhancing customer engagement by mid-2025, alongside expanding its operations into the Asia-Pacific region.
Current Investors
PSG Equity
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform, Application Integration Software
Website
www.commbox.io
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
CommBox.io - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | CommBox.io | - | ||||||||
| Growth | Completed | CommBox.io | - |
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