Botpress Closes 2021 with Strong Company, Product, and Funding Growth

By Business Wire On Jan 27, 2022

Quebec-based startup raised a Series A to extend Leadership in Open-Source Chatbot Platforms

Botpress, the leading open-source chatbot platform, today announced key metrics and milestones reached in 2021, including product expansion, team growth, and the close of a key Series A funding, laying the ground for more growth for the years to come.

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“The Botpress platform provides a unique and powerful toolset to the developer building a chatbot”

“Chatbots and conversational AI are critical to great customer experiences, and we know that great customer experiences need to be built, not bought off the shelf,” said Sylvain Perron, Botpress CEO & co-founder. “In 2021, Botpress established itself as the best platform for building a great chatbot. In 2022, we’re going to extend that leadership, making it easier to leverage the newest NLP technologies and investing heavily in product–making chatbots smarter, easier to build and faster to deploy.”

Funding

In April 2021, Botpress announced that it had raised CA $20 million (US $15 million) in capital funding for its Series A round — the largest Series A funding round ever announced by a Quebec City based startup. Botpress indicated that it planned to use the funds to triple its team and enhance its product innovation. Decibel Partners led the round, with participation from Inovia Capital, Panache Ventures, Hike Ventures, One Way Ventures, Fonds Innovexport, and BoxOne Ventures. Jon Sakoda, partner at Decibel, joined the Botpress board of directors.

“The platform provides a unique and powerful toolset to the developer building a chatbot,” said Sakoda. “Chatbots are exploding right now, and usage will only grow higher going forward. Everyone from community members to SMBs to large enterprises will be building with Botpress.”

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