i2x GmbH

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i2x GmbH - overview

Established

2017

Location

Berlin, -, Germany

Primary Industry

Software

About

Founded in 2017 and based in Berlin, Germany, i2x GmbH specializes in advanced speech coaching solutions, enhancing customer communication through real-time technologies that improve call quality and agent performance. i2x GmbH is focused on creating innovative speech coaching technologies for customer service optimization. Founded in Berlin in 2017 by Michael Brehm, who has a history of founding other companies, the firm has successfully raised EUR 11. 000 mn in its Series A funding round on February 27, 2023, from notable investors including Asgard and Discovery Ventures.


The company has completed a total of 4 deals, with its latest funding round equating to the total amount raised, which now stands at EUR 33. 738 mn. i2x specializes in providing advanced speech coaching and training solutions designed to enhance customer communication through real-time technologies. The core offering includes a digital real-time coach that supports agents during their calls by providing immediate feedback and guidance, significantly improving coaching efficiency and quality of customer interactions.


Additionally, i2x’s service features comprehensive call recording and transcription capabilities, compliant with GDPR regulations, ensuring that all calls are anonymized. This suite of services aims to optimize agent performance, reduce onboarding times, and improve conversion rates, thereby increasing overall sales success. i2x’s primary clients consist of businesses operating in customer service and sales sectors across various geographic markets, including Europe and North America. The revenue model for i2x is primarily structured around subscription-based services tailored to businesses in need of enhanced customer communication solutions.


Clients engage with i2x through tiered subscription plans that provide access to their suite of products, including the real-time coaching platform and post-call analysis tools. These subscriptions facilitate a direct B2B relationship, where organizations pay a recurring fee for continuous access to i2x’s technology and support services. Specific pricing details for these subscription plans are structured to cater to varying business sizes and requirements, ensuring flexibility for clients. The company’s flagship offerings, including their patented real-time coaching system, are integral to their value proposition, aimed at driving revenue growth for their clients through improved agent performance and customer satisfaction.


In February 2023, i2x GmbH was acquired by SSF Sales & Service Factory GmbH, a portfolio company of KKA Partners. Following this acquisition, i2x plans to leverage its recent funding to enhance product features and expand its market presence. The company aims to introduce new products that complement its real-time coaching system, with launches expected within the next 12 months. Additionally, i2x is targeting expansion into the North American market, aiming to establish a more substantial presence by the end of 2024.


The funding will also support research and development efforts to further innovate its service offerings.


Primary Industry

Software

Sub Industries

Analytics & Performance Software, Education & Training Software

Website

www.i2x.ai

Verticals

Artificial Intelligence, Artificial Intelligence, Cloud Computing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

i2x GmbH - 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-on, Trade SaleCompletedi2x GmbH-

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