Amelia, the enterprise leader in Trusted AI, today announced it has entered into a strategic partnership with BuildGroup and Monroe Capital that will provide financial capital and business leadership. The partnership accelerates adoption of Amelia's Trusted AI products in the market and helps customers safely navigate the high-profile chatbot news cycle in this emerging AI age.

The $175 million investment is led by BuildGroup, an Austin-based firm that builds high-growth technology businesses, and Monroe Capital, a premier boutique asset management firm specializing in private credit markets. With this funding round, Amelia has the financial foundation to extend its leadership position in the market and double down on serving its customers with innovative, explainable AI products. Goldman Sachs & Co LLC and TD Cowen acted as financial advisors to the Company.

Amelia is the enterprise leader in Trusted AI. As a pioneer in AI, Amelia has a proven track record of innovation in automation and Conversational AI. Amelia's platform captures the rapid innovation of AI ecosystems and transforms these innovations into enterprise grade products ready for customer consumption. Enterprises use Amelia to drive revenue in conversational experiences and enable productivity through operations automation. Amelia is consistently recognized by third-party analyst firms as a market leader.