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Lorikeet

Category: AI Agents

Lorikeet provides an advanced AI customer support agent capable of resolving complex customer inquiries. Lorikeet was founded in 2023. The company is led by Steve Hind. Based in Sydney, Australia. Team size: N/A. Total funding raised: $51 million. Latest round: Series A. Key investors include QED Investors, Blackbird, Square Peg Capital, Skip Capital, Capital49, Operator Partners, Airtree, Athletic Ventures, Canva founders (Melanie Perkins & Cliff Obrecht), Strategic angel investors from Stripe, Atlassian, OpenAI, Rippling.

Founded
2023
Headquarters
Sydney, Australia
Team size
N/A
Total funding
$51 million

Value proposition

Offers faster response and resolution times, improved customer satisfaction, and cost savings by automating tier 2 and 3 support tickets.

Products and solutions

AI-powered customer support platform

Unique value

Lorikeet's AI architecture follows standard operating procedures like human support agents, enabling it to solve complex issues accurately.

Target customer

Fintech, healthtech, and other complex businesses

Industries served

Financial services, Healthcare, E-commerce

Technology advantage

Ability to execute workflows that solve customer problems, unlike typical chatbots.

How they differentiate

Lorikeet focuses on solving complex support tickets by following business logic, unlike competitors that often rely on simpler Q&A models.

Main competitors

Conversica, Freshdesk, Zendesk

Key partnerships

Square Peg Capital, Leading angel investors from Atlassian, Stripe, OpenAI, Rippling

Notable customers

Remote.com, Eucalyptus, Step, Stashaway, Chemist2U, SensorFlow

Major milestones

Improved first response time for Eucalyptus from 20 hours to 90 seconds, enabling companies to scale support without compromising quality

Growth metrics

Hundreds of thousands of dollars in annualized revenue, significant customer acquisition.

Market positioning

Positioned as a sophisticated problem-solving engine for high-stakes industries.

Geographic focus

Global expansion with a focus on regulated industries like finance and healthcare.

Patents and IP

Not explicitly mentioned

About Steve Hind

Steve Hind is the Co-founder of Lorikeet. He was previously a Product Lead at Watershed and a Group Product Manager at Stripe. He also has experience at Google and as a consultant at McKinsey & Company.

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