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Zoom.ai Acquires SimplyInsight to Expand its Automated Work Assistant with Automated Data Analysis

TORONTO and SAN FRANCISCO, Sept. 26, 2017 /PRNewswire/ -- Zoom.ai announces the acquisition of automated data analysis and visualization startup, SimplyInsight. Zoom.ai will integrate SimplyInsight's data-querying technology to continue redefining the modern workplace and increase employees' efficiency.

SimplyInsight's sophisticated natural language querying technology engine allows employees to request, analyze and visualize internal business data to quickly capitalize on hidden trends and improve organizational productivity. For employees, access to vital statistics can occur in minutes, driving critical business decisions and on-the-go optimization. SimplyInsight's scalable insights are accessible through chat and connected to a company's internal and third-party data tools. This acquisition uniquely positions Zoom.ai to advance their vision of a more efficient and data-driven workplace.

"Our acquisition of SimplyInsight underscores Zoom.ai's commitment to enhancing the employee experience at work," says Roy Pereira, CEO of Zoom.ai. "The future of AI lies in leveraging that technology to boost the quality of human engagement. This acquisition will help to add a deeper, data-centric element to our product to better serve and address the growing demands of the modern enterprise."

SimplyInsight founders Amanda Parker and Alexey Adamsky have joined the Zoom.ai team as part of the acquisition. Parker will be leading business development as VP Business Development & Partnerships, while Adamsky joins as Senior AI Scientist.

"Both Zoom.ai and SimplyInsight share a passion for changing the core of how organizations manage work and address employee efficiency," says Parker. "This is a natural fit. We are excited to join such a dynamic team where we can collaborate on our aligned mission of improving and creating impact in the everyday workplace."

Zoom.ai makes this acquisition on the heels of its recent seed funding of $2.1 million and a noteworthy $100,000 win as Best Technology Pitch at OpenText Enterprise World 2017.

On average, Zoom.ai's active users have gained 14% productivity, saving approximately 25 hours per month and $16,000 per senior employee annually. Zoom.ai invites interested companies and professionals to acquaint themselves with these and more of Zoom.ai's integrated capabilities at www.zoom.ai/demo.

About Zoom.ai
Founded in 2016, Zoom.ai uses artificial intelligence to create a better workplace, minimize distractions and increase productivity. From high-level executives to the entry-level workers, we believe that everyone should have the right tools to stay engaged and streamline their workflows.

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SOURCE Zoom.ai