Colabo

Founded in 2010 by Yoav Dembak, Naama Halperin, and Asaf Wexler, Colabo developed an AI-powered, no-code platform designed to create and manage conversational channels. This venture marked the second startup for the founding team, who previously sold B-hive Networks to VMware in 2008. The company's primary offering shifted over time from a sales engagement tool to a broader collaboration platform that integrates AI agents with human workflows.

Colabo's platform enables organizations to accelerate digital transformation by allowing business professionals to build new conversational channels without needing coding or data science expertise. The system is designed to work with existing messaging platforms and collaboration tools, aiming to provide a frictionless experience for both customers and employees. It combines human and artificial intelligence to manage interactions and streamline workflows, replacing the need for multiple separate tools like Trello, Slack, and Jira. Key features include a smart goals module for tracking objectives, an intelligent actions framework for process automation, and an AI-powered document builder.

The company's business model is subscription-based, offering tiered plans for small teams, growing businesses, and large enterprises, with options for custom solutions. Colabo targeted large organizations seeking to optimize their digital operations. After raising a total of $10.5 million over several funding rounds, with its largest being a $7 million Series A round in 2015, Colabo was acquired by Uniphore in April 2022 to enhance Uniphore's knowledge AI and automation capabilities.

Keywords: conversational AI, no-code platform, workflow automation, digital transformation, collaboration tool, business process automation, AI agents, enterprise software, customer engagement, team productivity