Axify AI Secures $1M Funding to Expand Globally
Axify Ai, an innovative Australian artificial intelligence start-up, has successfully completed its first capital raise, securing $1 million in funding. This significant investment will fuel the company’s expansion into North America and the Asia-Pacific (APAC) regions, marking a pivotal step in Axify AI’s journey to transform the service industry.
Founded by MIT Alumna Bianca Brady
Established in 2023 by MIT Data Science graduate Bianca Brady, Axify AI addresses a pervasive challenge in the hospitality, service, and health sectors: efficient booking management. With her unique blend of hospitality experience and data science expertise, Brady recognized the pressing need for an AI-driven solution to streamline bookings and enhance customer service.
“After a meal service, there are often dozens of calls to return, which can take hours to complete,” Brady explains. “This doesn’t account for potential customers who haven’t left a message. The Axify team set out to build an AI agent to answer all these calls so potential bookings were converted quickly.”
Introducing Axi: The AI Booking Assistant Transforming Service Businesses
Axify AI’s flagship product, Axi, is not just a concept—it’s a market-ready AI booking assistant already delivering tangible results for businesses. Unlike many AI agents still in development, Axi leverages advanced conversational AI to manage calls and complete bookings with over 99% accuracy. This high level of precision ensures that businesses capture more revenue while significantly improving operational efficiency.
Real-World Success: Momento Hospitality Group’s Experience
One of the early adopters of Axi is the Momento Hospitality Group. CEO Marcello Colosimo shares the impact Axi has had on their operations:
“Axi is a great solution to a common problem in our industry. We used to have a reservation team and still missed a significant number of calls. At Sarino, one of our venues, we were missing 55 calls a week. Since we implemented Axi, we haven’t missed a single one, and this has definitely increased trade. All callers have the option to speak to a staff member, but this is happening less and less. Axi frees up our staff to provide all-important service in the venue, and our average call time has dropped from seven minutes to two.”
How Axify AI’s Axi Works
Fine-Tuned Language Models for Service Industries
Axi fine-tunes large language models specifically for service businesses across various industries, including accommodation, beauty salons, allied health, and professional services. By learning from every interaction, Axi continually improves its responses and recommendations, ensuring that it becomes more effective over time.
Seamless Integration with Existing Systems
Axify AI understands the importance of compatibility. Axi integrates seamlessly with any operational system, booking platform, or calendar. Through a straightforward phone line diversion, Axi handles all incoming calls, lead nurturing, and bookings directly in the operator’s system. This means businesses can adopt Axi without overhauling their existing infrastructure.
Why Axify AI is a Game Changer for Service Businesses
Eliminating Missed Opportunities
In service industries, missed calls often translate to missed revenue. Traditional booking systems and human receptionists can become overwhelmed, especially during peak hours. Axi ensures that every call is answered promptly, capturing potential bookings that might have been lost.
Enhancing Customer Experience
With Axi’s advanced conversational AI, customers receive immediate attention. The AI assistant provides accurate information, answers queries, and completes bookings efficiently. The option to speak to a human is always available, but as Colosimo notes, this necessity is diminishing as customers become more comfortable interacting with AI.
Optimizing Staff Efficiency
By handling routine booking tasks, Axi frees up staff to focus on delivering exceptional in-person service. This shift allows employees to engage more deeply with customers on-site, improving overall service quality and customer satisfaction.
Data-Driven Insights
Axi’s interactions generate valuable data that businesses can analyze to understand customer behavior, peak booking times, and service demand patterns. These insights enable businesses to make informed decisions, tailor their services, and implement strategic improvements.
The Future of Service with Axify AI
With the recent $1 million capital raise, Axify AI is poised to make a significant impact on the global stage. The expansion into the US and APAC regions opens doors for countless service businesses to revolutionize their booking processes.
“There’s a global demand for efficient, AI-driven solutions in the service industry,” says Brady. “We’re excited to bring Axi to businesses worldwide and help them unlock new levels of efficiency and customer satisfaction.”
Axify AI’s Vision for a Connected Service Industry
Axify AI envisions a future where AI seamlessly supports human efforts in the service industry. By handling the administrative burden of bookings and inquiries, businesses can focus on what they do best—providing outstanding service.
Scalability and Customization
Axi is designed to scale with businesses, whether it’s a single-location salon or a multinational hotel chain. The AI assistant can be customized to reflect the brand’s voice and cater to specific industry needs, ensuring consistency and personalization in every customer interaction.
Continuous Improvement Through AI Learning
The machine learning capabilities of Axi mean that it doesn’t just maintain its performance—it improves over time. By analyzing interactions and outcomes, Axi refines its communication style, response accuracy, and booking efficiency, keeping businesses ahead of the curve.
Join the Axify AI Revolution
Service businesses looking to enhance their operations, capture more revenue, and provide superior customer experiences now have a powerful ally in Axify AI’s Axi. As the company expands globally, early adopters have the opportunity to gain a competitive edge in their markets.
Contact Axify AI
To learn more about how Axify AI can transform your business, visit Axify.ai and request a demo of Axi today.
Conclusion: Embracing the Future with Axify AI
Axify AI represents a significant leap forward in how service businesses manage bookings and customer interactions. By harnessing the power of advanced AI, companies can eliminate missed calls, optimize staff efficiency, and enhance customer satisfaction. With its successful capital raise and global expansion plans, Axify AI is set to become a game changer in the service industry.
As businesses worldwide face increasing competition and higher customer expectations, embracing innovative solutions like Axify AI’s Axi will be crucial. The integration of AI into everyday operations isn’t just a technological upgrade—it’s a strategic move toward a more efficient, customer-centric future.