Encore AI Raises $30 Million Series A Funding

Encore AI, a startup that uses interaction mining to train AI voice agents for sales and support, raised $30 million in a Series A round led by Team8.

The company, founded in 2022, has seen its annual recurring revenue increase more than 5x over the last 18 months while serving over 40 enterprise customers.

The startup plans to use the new capital to expand its U.S. sales operations and deploy its platform across more large financial institutions.