DRUID announces 2.3 million USD annual recurring revenue at the end of September
DRUID, a leader in the conversational AI market, reports a 5x growth rate for the Monthly Recurring Revenue YoY, and 2.3 million dollars annual recurring revenues at the end of September 2021. Actively pursuing its expansion strategy on the global markets, the company reached more than 1,500 active tenants, including the community edition. The total value paid by the international clients reached 49% of total revenues, with customers coming from all regions: Asia-Pacific, Europe, the Americas, and Australia. DRUID moves beyond the crowded area of chatbot platforms and evolves to a refined area of conversational business applications platforms, leveraging deep conversational AI technology and best-in-class RPA robots from UiPath. DRUID is continuing to accelerate its international growth on the EU and US markets, expanding its existing offices in Houston (Texas USA) and London (UK), while planning to open new locations in Frankfurt (Germany), Tokyo (Japan), and in Dubai (UAE).
“Being included in the Everest Group’s Conversational AI PEAK Matrix® for 2021 report has been a great honour and it has made us even more confident in our expansion plans on the EU, US, and Japan markets. Furthermore, thanks to great results recorded year on year, we can confidently say we are ready to bring our excellent services to these markets and to continue to invest to further evolve our sector-leading technology,” said Liviu Dragan, CEO DRUID.
With its partner-first approach and robust connector capabilities, including the unique integration with the entire UiPath product stack, the DRUID conversational AI platform provides ready-made virtual assistants with 500+ pre-built skills and workflows for “industry-agnostic” business areas or cross-industry use-cases. A full library of out-of-the-box solutions, a no-code/low code experience for developing custom applications, native integration with both attended and unattended UiPath RPA robots, proactive customer engagement, semantic automation, and warm handoff to human agents seamlessly come together and empower DRUID to change the way of building the next generation of conversational business applications that can unleash the full potential of AI-driven customer and employee interactions.