Ramp, a finance automation platform, has acquired Cohere.io, an AI-focused customer support platform.
Ramp did not disclose the price it paid for Cohere.io.
Cohere.io’s customers include Ramp, Deel, Loom and SecureFrame. The AI-focused company has raised more than $3.5 million in venture funding from investors such as Initialized Capital.
At Ramp, Cohere.io’s team will lead AI projects designed to save time and money. An initial project will include making workflows more automated by completing multi-step processes for customers.
Cohere.io “will continue to build differentiated, AI-powered products that make businesses and their people more efficient and effective,” Eric Glyman, Ramp’s CEO, said in the release. “We’re committed to investing in high-quality, AI-native talent to deliver transformational solutions for our customers.”