Romanian chatbot developer Druid attracts a $ 2.5 million Series A investment


Druid, a company specialized in developing intelligent virtual assistants (chatbots), closed a new round of financing of 2.5 million dollars.

The round was led by GapMinder Ventures fund with $ 2.2 million. The rest of the amount was invested by Early Game Ventures and private investors.

Thus, Druid becomes one of the best-capitalized startups in Romania, with total investments worth 5.8 million dollars attracted since its launch in 2018.

Druid revenues increased by 580% in 2020 compared to 2019, in the context in which the market for conversational solutions based on artificial intelligence has an average growth rate of 22% over the next four years, reaching $ 13.9 billion in 2025, according to a Marketsandmarkets study.

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