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Boost.ai, Backed By $5M, Opens HQ In Santa Monica

Boost.ai, a European startup which is developing conversational artificial intelligence (AI) software for banks, financial institutions, and other enterprises, said this morning that it has set up shop in Santa Monica, setting up its North American headquarters here as it expands to the US. The Norwegian company said it received $5M in a strategic investment to help with that global expansion. According to Boost.ai, it develops complete software for building, implementing and operating virtual agents. As part of the move to Santa Monica, Boost.ai said it has named Jeff Ester as Chief Revenue Officer, Americas. Source of the strategic funding was not announced. Boost.ai was founded in 2016.