Romanian AI startup DRUID attracts $15 million in order to expand globally

  • May 3, 2022
  • 1 min read
DRUID, the end-to-end platform for building AI-driven conversational business applications, announces that it has raised a fresh round of funding. This new $15 million round will be used to fuel its international expansion, by actively hiring new talents, to support its accelerated growth across Europe and North America.

Furthermore, DRUID will extend its technological leadership by adding new capabilities to its conversational AI offering and constantly evolving on the user experience promise.

The current financing round was led by Karma Ventures and Hoxton Ventures, joined by GapMinder, who consolidated its position from the previous round, and four other investors from Germany, Switzerland, Poland, and Romania.

As mobility and digital enablement become ubiquitous in people’s daily lives, entire industries are being pushed towards digital transformation to ensure the consumer centricity required to thrive in the future. The new business environment that has emerged over the past two years has resulted in the rapid acceptance and an ever-increasing need for AI-powered intelligent virtual assistants. DRUID’s AI-driven conversational business applications allow businesses to enhance the user experience for both customers and employees. The company provides enterprises with unique conversational capabilities and enables intuitive, natural, and frictionless digital interactions.