Today we’re excited to share that
@useflai has raised a $4.5 million seed round led by
@firstround with participation from
@ycombinator @svangel ,
@Liquid2V, and many other terrific funds and angel investors. This funding fuels our mission to bring customers to automotive dealerships by handling all communication before they walk in the door.
After visiting hundreds of dealerships and speaking with service advisors, BDC managers, GSMs, and GMs across the US, the pattern was clear: missed calls, full inboxes, long hold times, and customers who don’t try again. In fact, 70% of people who hit voicemail call a competitor within 30 minutes, translating directly into lost revenue for the dealership.
Flai has already handled tens of thousands of customer calls and is live in dozens of dealerships. Some dealers have told us Flai has paid for itself on a single Sunday and we’ve generated millions in revenue in the last two months. For our biggest location, we’re generating about 150k in revenue each month.
With this funding, we’re pushing the product to new levels to build the AI communications platform for auto dealerships where every customer interaction outside of the store is taken care of.