DRUID
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|
Revenues | 1.5m | 2.4m | 4.7m | 27.8m |
% growth | - | 60 % | 96 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $950k | Seed | |
N/A | $920k | Seed | |
€1.1m Valuation: €8.0m | Early VC | ||
* | $2.5m | Series A | |
* | €14.2m | Series A | |
* | $30.0m | Series B | |
Total Funding | €46.5m |
Recent News about DRUID
EditDRUID is an enterprise conversational AI platform that leverages a proprietary Natural Language Processing (NLP) engine, robust API, and Robotic Process Automation (RPA) connectors to facilitate seamless business interactions. Founded in 2018 by a team of experienced software engineers and business consultants, DRUID has rapidly grown to become a leading provider in the conversational AI space. The platform supports on-premise, cloud, and hybrid deployments, catering to a diverse range of business needs. DRUID primarily serves large enterprises looking to enhance user experience and streamline internal processes through intelligent virtual assistants. The company operates in the global market, with a strong presence in Central Europe, as evidenced by its recognition in the Deloitte Technology Fast 50. DRUID's business model revolves around offering subscription-based access to its AI platform, generating revenue through licensing fees and professional services. The platform's integration with RPA allows businesses to automate repetitive tasks, thereby increasing efficiency and reducing operational costs. DRUID's clients span various industries, including higher education, where the platform is used to tackle enrollment challenges and prepare students for the future. The company also offers free conversational AI courses through the DRUID AI Academy, empowering users to build intelligent virtual assistants and automate enterprise-level processes.
Keywords: Conversational AI, NLP engine, RPA integration, enterprise automation, virtual assistants, cloud deployment, hybrid deployment, business efficiency, higher education, AI academy.