YALO
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YALO - overview
Established
2015
Location
Burlingame, CA, US
Primary Industry
Software
About
Founded in 2015 by CEO Javier Mata, initially in Mexico and now based in California, US, Yalochat, Inc. , aka Yalo develops an artificial intelligence-powered chatbot for social media networks such as Facebook Messenger, WhatsApp, and WeChat. In May 2021, the company raised USD 50 million in Series C funding led by investor B Capital Group, which brings the total capital raised to date by the company to USD 60. 5 million.
The company has operations in the U. S, Mexico, Brazil, and India. Yalo is a conversational commerce (c-commerce) company that helps businesses to sell products in a personalized way through various messaging apps. Businesses can use the chatbot to handle customer requests, sales, and build personal relationships with their customers.
Yalo’s platform provides marketing, helpdesk, and payments solutions. It also offers Yalo Studio, with the help of which the non-developers and partners will be able to create their own c-commerce applications. Yalo plans to use the funding raised in Series C for the company's expansion in Latin America and Southeast Asia and the development of new product offerings, including conversational marketing and payment solutions.
Current Investors
Sierra Ventures, B Capital, Glisco Partners
Primary Industry
Software
Sub Industries
Social Networking & Communication Platform, Analytics & Performance Software, Browser Software & Plug-ins, Customer Relationship Management
Website
www.yalo.com
Verticals
Artificial Intelligence, Cloud Computing, Social Media
Company Stage
Series C
Total Amount Raised
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