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AI customer service startup Netomi raises $110 million
NEW YORK, April 30 (Reuters) - Technology startup Netomi has raised $110 million in a Series C funding round led by Accenture Ventures, the startup's chief executive told Reuters this week. Founded roughly a decade ago, Netomi uses artificial intelligence to improve customer service for companies
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Netomi raises $110 million as Accenture and Adobe bet on AI for customer service
Netomi, the San Francisco-based startup building AI systems for enterprise customer service, said Thursday that it has raised $110 million in new funding in a round led by Accenture Ventures, with participation from Adobe Ventures, WndrCo, Silver Lake Waterman, NAVER Ventures, Metis Strategy and
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Netomi banks $110M to embed agentic AI deeper into enterprise customer service - SiliconANGLE
Netomi banks $110M to embed agentic AI deeper into enterprise customer service Enterprise customer experience platform provider Netomi Inc. today announced it has raised $110 million in new funding to expand its agentic artificial intelligence platform and accelerate deployment across regulated,
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AI customer service startup Netomi raises $110 million
Technology startup Netomi has secured $110 million in a Series C funding round. Accenture Ventures led the investment. Netomi uses artificial intelligence to improve customer service for major companies. Recent advancements in large language models power their AI solutions. The company plans to
[5]
AI customer service startup Netomi raises $110 million
NEW YORK, April 30 (Reuters) - Technology startup Netomi has raised $110 million in a Series C funding round led by Accenture Ventures, the startup's chief executive told Reuters this week. Founded roughly a decade ago, Netomi uses artificial intelligence to improve customer service for companies
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San Francisco-based Netomi secured $110 million in Series C funding led by Accenture Ventures, with Adobe Ventures participating. The AI customer service startup, which serves United Airlines, Delta, and Paramount, plans to move beyond chatbots toward proactive AI agents that resolve issues before customers even notice them.
Netomi raised $110 million in a Series C funding round led by Accenture Ventures, marking a significant bet on the future of AI customer service
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. Adobe Ventures also invested in the Series C, alongside WndrCo, Silver Lake Waterman, NAVER Ventures, Metis Strategy and Fin Capital2
. The San Francisco-based startup, founded roughly a decade ago, has now raised more than $160 million since its inception1
.The company employs about 170 people and serves major enterprises including United Airlines, Delta Air Lines, Paramount, DraftKings, MetLife, the National Basketball Association and Ingram Micro
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. As part of the funding round, media entrepreneur and WndrCo managing partner Jeffrey Katzenberg joined the startup's board of directors4
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Source: Reuters
The funding round comes with partnerships that could reshape how enterprise customer experience platforms reach Fortune 100 companies. Accenture has entered a global alliance with Netomi, committing hundreds of Accenture employees to receive training on the startup's technology to help customers roll out improved AI service agents
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. This distribution channel from the world's largest consulting firm gives Netomi access few AI startups can match.Adobe is working with Netomi to integrate the agentic AI platform into Adobe's Brand Concierge agentic ecosystem, adding AI capabilities to websites that run on its platform
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. According to Justin Wexler, a general partner at WndrCo, this partnership aims to move beyond simply swapping humans for AI, instead "leapfrogging that altogether -- merging the two layers" to anticipate issues and eliminate tickets before they occur2
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Source: SiliconANGLE
Netomi draws on large language models from OpenAI, Anthropic and Google to handle increasingly nuanced customer interactions, CEO Puneet Mehta told Reuters at the Momentum AI Summit in New York
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. Recent advances in these models have increased expectations for how adeptly chatbots can solve customer problems without requiring human intervention.The technology allows Netomi to answer medium-complexity questions through channels like United Airlines' mobile app, such as "Can I sit with my dog in the exit row," Mehta explained
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. "They're going there for at least medium complexity and that's where we are focused," he said1
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Netomi plans to use the capital to invest in customer deployments as well as research and development, with ambitions to deploy proactive AI agents that preemptively solve customer problems and take action before issues escalate
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. Mehta described this vision as moving toward "a world model for customer experience, with AI embedded directly inside digital products rather than layered on top as a chatbot"3
.The platform combines deterministic controls with probabilistic reasoning, allowing enterprises to set hard guardrails around what an AI agent can and cannot do while still enabling flexible reasoning across customer queries
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. Netomi claims zero failures, zero broken guardrails and zero brand violations across deployments, addressing governance concerns that have slowed agentic AI rollouts at large companies.
Source: ET
The market for enterprise customer service AI has seen massive capital inflows. Sierra, led by former Salesforce co-CEO Bret Taylor, raised $350 million at a $10 billion valuation in September 2025 and made three acquisitions in 2026 alone
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. Decagon tripled its valuation to $4.5 billion in January 2026 with a $250 million Series D. Intercom's Fin AI agent reportedly crossed $100 million in annual recurring revenue at $0.99 per resolution.Gartner predicts that 40 percent of enterprise applications will include task-specific AI agents by the end of 2026, up from less than 5 percent in 2025
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. Ndidi Oteh, CEO of Accenture Song, said the partnership is designed to help clients "reinvent how they serve their customers -- seamlessly, responsibly and at scale"3
. The company's early backing includes AI luminaries such as OpenAI co-founder Greg Brockman, Google DeepMind co-founder Demis Hassabis and Microsoft AI CEO Mustafa Suleyman2
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