Capillary Technologies said its AI platform helped the firm win many new enterprise customers. Revenue grew 51% as businesses used the tools to manage loyalty programs. Founder Aneesh Reddy said, "We now have almost a $10 million pipeline of customers wanting to buy our AI stack." Demand continues to rise.
Capillary's aiRA (AI-powered Research Assistant) is an AI agent for enterprise brands that helps connect customer data across platforms and identifies opportunities to acquire, convert, retain and reactivate customers. It also executes campaigns through existing marketing tools, with human approval. It works with data from platforms such as Salesforce, Snowflake, Databricks, Google Ads and Meta, according to the investor presentation.
Software-as-a-service company Capillary Technologies, which helps businesses run loyalty programmes, said it is seeing growing demand for its artificial intelligence (AI) products. Founder and chief executive Aneesh Reddy told ET that its AI layer has helped win more enterprise customers and build a nearly $10 million sales pipeline."We now have almost a $10 million pipeline of customers wanting to buy our AI stack. A lot of customers have gone