6 years ago
WideBot Secures Six-Figure Pre-Series A Funding
WideBot, a Cairo-based Arabic chatbot building platform, has raised a six-figure (USD) Pre-Series A investment from Business Valley, a regional angel group network
The startup had earlier raised $100,000 last year from two angel investors
WideBot enables people and businesses to build chatbots without coding in less than ten minutes
The platform will be available to anyone with its public launch next month
WideBot makes money by selling monthly subscriptions that start from $15 per month for SMEs and go as high as $1,000 per month for enterprises
The investment will be used for further development of their platform to be able to offer an even better experience for building bots and support more slangs and more domains
The startup will also use a part of this investment to launch WideBot.AI later this year which will give data scientists and developers access to WideBot’s AI engine to build and their own Arabic NLP models.
ProblemTechnology
"Building chatbots is difficult and time-consuming, especially for businesses that don't have coding expertise."
Solution
"WideBot provides a platform that allows anyone to build chatbots without coding in less than ten minutes. It offers drag-and-drop templates and supports Arabic slangs, making it easy for businesses to create chatbots that are relevant to their target audience."