German startup Parloa raises €105 million to innovate customer service with agentic AI

Berlin-based Parloa, an innovator in Agentic AI for customer experience, today announced it has secured €105 million in Series C funding, bringing the company’s valuation to €881 million. Durable Capital Partners, Altimeter Capital, and General Catalyst are leading this round with participation from EQT Ventures, RPT Capital, Senovo, and Mosaic Ventures. “The way people interact […] The post German startup Parloa raises €105 million to innovate customer service with agentic AI appeared first on EU-Startups.

May 6, 2025 - 16:22

German startup Parloa raises €105 million to innovate customer service with agentic AI

Berlin-based Parloa, an innovator in Agentic AI for customer experience, today announced it has secured €105 million in Series C funding, bringing the company’s valuation to €881 million.

Durable Capital Partners, Altimeter Capital, and General Catalyst are leading this round with participation from EQT Ventures, RPT Capital, Senovo, and Mosaic Ventures.

“The way people interact with businesses is changing forever. At Parloa, we’ve been at the forefront of that change and are helping enterprises transform customer service with AI. Our customers are building 1:1 relationships between AI agents and their customers with every interaction to deepen loyalty, realise new revenue streams, and create highly personalised experiences,” said Malte Kosub, CEO and Co-founder of Parloa. “This new funding accelerates our mission to expand the category-defining AI Agent Management Platform for enterprises.”

Founded in 2018 by Malte Kosub and Stefan Ostwald in Berlin, Germany, Parloa’s mission is to help enterprises reinvent customer service with Agentic AI. Since raising €58 million in its Series B round 12 months ago, Parloa released its AI Agent Management Platform, AMP, an Agentic AI platform purpose-built for enterprise contact centres, and reportedly quadrupled its revenue.

Parloa’s AI Agent Management Platform empowers enterprises to build, test, and deploy millions of AI agents that engage in natural and personal conversations with customers.

“We’re proud to lead this Series C funding round and partner with Parloa’s impressive leadership team,” said Henry Ellenbogen, Managing Partner and Chief Investment Officer of Durable Capital Partners. “We chose to invest in Parloa because the company is uniquely positioned to lead this next wave of customer experience innovation and transform this rapidly growing market. We look forward to supporting their mission as they scale to meet global demand.”

According to Gartner, “By 2029, agentic AI will autonomously resolve 80% of common customer service issues without human intervention.”

According to Menlo Ventures research, enterprise spending on generative AI applications increased 8x in 2024, with 31% of that spend being poured into customer support solutions.

“AI is transforming the way businesses connect with their customers, and Parloa is at the forefront of that shift,” said Apoorv Agrawal, Partner at Altimeter Capital. “They’re not just streamlining customer service—they’re elevating the entire customer experience. We’re excited to be doubling down on Parloa to help brands deliver faster, smarter, and more human interactions at scale.”

Parloa aims to empower brands to build and deploy highly personalised, dynamic AI agents at scale. These agents undergo rigorous simulation testing, data isolation, content filtering, and monitoring before they’re ever launched in a live environment. They have the capability to continuously learn and engage with customers through natural conversations.

“At General Catalyst, we believe Applied AI will transform industries globally, and Parloa is a standout example. Their bold vision for agentic AI and their exceptional execution have already delivered tangible market impact. This investment builds on our early conviction through La Famiglia and reflects our belief that Europe can produce globally leading AI companies. We’re proud to support Malte, Stefan, and the Parloa team as they shape the future of customer experience,” said Jeannette zu Fürstenberg, Managing Director and Head of Europe at General Catalyst.

With this new funding, Parloa will accelerate the expansion of its operations across North America and Europe. The company will also continue to invest heavily in new AMP capabilities and the recruitment of top international talent.

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