Overview
Hyro, a conversational AI startup, has raised $20m in a Series B funding round led by Macquarie Capital, bringing its total venture capital investment to $35m. The company develops custom chatbots and voice assistants for healthcare providers using a technology it calls “Conversational Intelligence”, which emphasises transparency and metrics around how the AI communicates with customers. The funding will be used to expand the company’s product offerings and services. Hyro claims to have saved its clients tens of millions of dollars while generating more than 100% year-over-year recurring revenue since its 2020 launch.