San Mateo, CA, USA, Feb. 26, 2020 -- Freshworks Inc., a customer engagement software company, announced the acquisition of AnsweriQ Inc., a provider of ML and AI for larger enterprises that want to better serve their customers. AnsweriQ complements Freshworks' AI engine, Freddy, by enabling enterprise organizations to fully leverage their existing customer data to scale self-service experiences and automate complex customer workflows.
AnsweriQ's technology augments Freddy's AI capabilities and helps scale self-service for large enterprises. Freddy will incorporate AnsweriQ's AI to learn from ticket data and agent actions within the Freshworks Customer-for-Life Cloud and improve customer self-service capabilities.
Freshworks also announced that AnsweriQ CEO Pradeep Rathinam has joined the senior executive team as chief customer officer, aligning the weight of the entire organization towards successful outcomes for businesses that keep and grow customers for life. In his new role, Rathinam will align the entire organization to make customers powerful advocates for Freshworks by delivering successful business outcomes. He will oversee the company's global customer support, onboarding and customer success organizations, further increasing satisfaction, retention and success of the combined customer base, including AnsweriQ customers 2K Games, Freshly and SeatGeek.
"Unlike clunky, siloed, legacy SaaS solutions, Freshworks is innovating to deliver a powerful and seamless experience across sales, marketing, customer success and support functions," said Pradeep Rathinam, former AnsweriQ CEO and Freshworks Chief Customer Officer. "With Freshworks' commitment to deploying enterprise-scale AI to better understand customers and build relationships for life, this acquisition is a natural fit. I'm excited to join Freshworks as their new chief customer officer as we create delightful experiences for enterprises that use our products worldwide."
"The integration of AnsweriQ's technology enhances our AI/ML capability in the customer engagement space and offers significant value to our customers," said Girish Mathrubootham, Freshworks' founder and CEO. "Pradeep brings executive-level acumen and expertise, which will be leveraged in his new role as chief customer officer as we double-down on our efforts to engage and keep customers for life."
Posted by Veronica Silva Cusi, news correspondent
Freshworks provides organizations of all sizes with SaaS solutions that make it easy for customer support, sales and marketing professionals to communicate effectively with customers for better service while also collaborating with team members to resolve customer issues. The company's products include Freshdesk, Freshservice, Freshsales, Freshcaller, Freshteam, Freshchat and Freshmarketer. Founded in October 2010, Freshworks Inc., is backed by Accel, Tiger Global Management, CapitalG and Sequoia Capital India. Freshworks' headquarters are located in San Bruno, Calif.
AnsweriQ delivers intelligent automation for customer service. Using the power of AI and IPA, AnsweriQ's suite of products help CS leaders automate information and process-based customer service cases. For information cases, AnsweriQ provides Zero Contact Resolution without an agent's intervention. This is achieved through self-service AI and automated responses. For process cases, AnsweriQ enables single-click automation for repetitive and mundane customer service processes.
Published: Friday, February 28, 2020
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