ON

ON Platform, Inc., initially known as GameOn Technology, was established in 2014 by co-founders Alex Beckman, Kalin Stanojev, and Nate Simmons. The San Francisco-based company operates as a developer of a conversational AI chat platform designed for enterprise-level use. It provides businesses with a proprietary language model that facilitates real-time orchestration and generative AI experiences, aiming to enhance customer engagement and open new revenue streams.

The firm targets a diverse client base, initially focusing on the sports sector and later expanding into e-commerce, luxury retail, consumer banking, healthcare, and publishing. Its client roster includes prominent names like The Armani Group, Valentino, and major league sports teams such as the New York Yankees and Las Vegas Raiders. The business generates revenue through its AI/SaaS platform, which empowers brands to monetize generative AI and connect more deeply with their customers.

Financially, ON Platform has successfully raised significant capital to fuel its growth. A notable funding event occurred in December 2023, when the company secured a $25 million Series B round, bringing its total funding to at least $80 million. Key investors include EQUIAM, Mirae Asset Venture Investment, B3 Capital, and Commonwealth Financial Network. In July 2024, the company faced a significant challenge involving an alleged disappearance of $11 million, leading to the resignation of CEO Alex Beckman and layoffs. The company's website currently indicates that changes are forthcoming.

Keywords: conversational AI, generative AI platform, enterprise chatbot, customer engagement, AI chat solutions, retail AI, sports technology, SaaS, brand monetization, user retention, Alex Beckman, Kalin Stanojev, GameOn Technology, AI-based chatbot, fan engagement, e-commerce AI, luxury brand technology, AI for business, customer interaction, mobile chat application, Series B, San Francisco startup