Spain-based 1MillionBot Raises €1.5M to Develop More Educational & Marketing Chatbots


Spain-based 1MillionBot Raises €1.5M to Develop More Educational & Marketing Chatbots

Spain-based startup 1MillionBot has recently raised €1.5 million from individual investors active in the field of Artificial Intelligence, Virtual Assistants, and chatbots.

The latest round of financing has brought the company’s value to 8.2 million Euros.

Founded in 2018 by Andrés Pedreño in Alicante, Spain, 1MillionBot develops specialized chatbots for different sectors, which can integrate with various applications including Facebook Messenger, Telegram, and Google Assistant. It offers the most effective service in conversational chatbots, guaranteeing a percentage higher than 90% of correct answers. 1MillionBot’s chatbots and intelligent virtual assistants interact with the user by text and voice and are based on Artificial Intelligence. Over the last year, the startup has developed different chatbots for different sectors including banks, universities, and local governments.

1MillionBot’s chatbots can be used for Digital Marketing, Internal Communication, Education and the dissemination of information for institutions, Customer Support, as well as Leads and Big Data. The company connects with market-leading databases and CRMs. It is also integrated via voice in Google Home and Amazon Echo, from where the startup is developing products such as the ‘virtual butler’ that can help user efficiently manage a house or hotel room.

The technological and methodological of 1MillionBot is integrable with other platforms based on Artificial Intelligence and Natural Language Processing (PLN). The startup’s most recent chatbot for sexual health, which is still in beta, uses natural language processing and deep learning techniques to provide users with real-time sexual and reproductive health information.

Despite its recent creation, 1MillionBot has managed to develop chatbots in very diverse sectors and has highly recognized success stories, the most successful ones being those created to facilitate enrollment in universities. Needless to mention, University of Murcia, Polytechnic University of Valencia and Complutense University of Madrid have already been using 1MillionBot chatbots, and more than fifteen Spanish universities are said to be in the process to incorporate its chatbots.

Meanwhile, it is reported that the latest round of financing will help 1MillionBot to firstly enhance the commercial team for the commercialization of its product, and additionally, will allow the company to strengthen its technology and undertake internationalization with advantageous agreements.

Img Src

About the Author
Author: Stephen Soulunii
Stephen Soulunii No more a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but want everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always want to see a better world. The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field.

Like what we do?

The Latest EdTech News To Your Inbox

Follow us:

   

   

 

About ETR Community

EdTechReview (ETR) is a community of and for everyone involved in education technology to connect and collaborate both online and offline to discover, learn, utilize and share about the best ways technology can improve learning, teaching, and leading in the 21st century.

EdTechReview spreads awareness on education technology and its role in 21st century education through best research and practices of using technology in education, and by facilitating events, training, professional development, and consultation in its adoption and implementation.

 

-> Read More

Join The Community

Subscribe and Join the 80,000+ members who trust us...

Follow us on

 
Testimonials
I find every news, reviews very informative and interesting. This site is indeed a great site for both teachers and learners. Thanks to EdTech for creating such an enriching site on education. Hats off!!
- Regin Brown, Educationist and Blogger, United Kingdom


My group likes this site because it's so up-to-date and has tons of relevant articles.
- Angela Giuliano, Teacher, New Mexico


Your write ups and articles ignites the minds making them receptive to the whole new wealth of EdTech.
- Jagat Rana, Parent, India


EdTechReview has some great resources for teachers who need to get some ideas about technology in the classroom.
- Loretta Wideman,Teacher, East Africa


EdTechReview keeps educators up to date with trending tech savvy terms relative to the discipline.
- Dr. Ingrid Rizzolo,Education Professional, Curriculum and Instruction Designer, New York City Area

-> Read More

Go to Our Client List

Adobe Avaya Bettasia Bonio Campus Management CK12 CKS Evernote IBM Intel IQPC Kidzania McGraw Hill Moodle Moot USC Rossier CMR University The British School Canadian International School Pathways Ridge Valley

Subscribe to our Newsletters...