Reef.ai, founded in 2021, offers a transformative AI-powered solution for customer retention, highlighting its slogan "The Net Retention Engine." The company enables customer and ops teams to utilize AI and machine learning to retain and grow customers effectively, requiring fewer resources.
Reef distinguishes itself by focusing on outcome-based scoring, emphasizing revenue outcomes such as churn, downgrade, cross-sell, or upsell with renewal, providing clear and actionable insights to drive revenue growth.
The company's precision scoring models improve specific revenue outcomes by seamlessly connecting customer data, using advanced ML scoring models, delivering precise recommendations, tracking team actions, and providing ROI reporting to measure the impact of actions on outcome metrics.
Reef.ai's recent milestone includes a $5.20M Seed Round investment from notable investors including Valia Ventures, Builders VC, Struck Capital, Dig Ventures, Startup Capital Ventures x SBI, as of 13 April 2023. With its focus on AI-driven customer retention and proven investor interest, Reef.ai appears poised for growth in the competitive landscape of tech startups.
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