Chata Technologies raises $4.5 million, announces commercialization of new product

Oct 17 14:10 2019 Print This Article

Calgary-based Chata Technologies, which has developed a cloud-based conversational application allowing users to access, search, and analyze their business data through natural language, has raised a $4.5 million CAD seed round.

“It’s been very exciting to see the vast potential and profound implications of Conversational AI-based data interactions.”

– Kelly Cherniwchan

The funding was raised from local investors, which the company did not disclose initially. Chata later disclosed Bluesky Equities Ltd. and Prairie Merchant Corporation were participants in the round, but did not lead it. No other investors were disclosed. The new capital will be put towards the R&D and implementation of Chata Technologies’ new product, Data Messenger, currently under the name Chata.io. Chata Technologies claims that the product is the first conversational interface designed specifically for data query and analysis.

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