Pine has successfully raised $25 million in Series A funding to enhance its AI-driven agent, designed to streamline digital chores like bill negotiation and service issue resolution. Led by Fortwest Capital, this funding will further develop Pine’s autonomous “ask-and-it’s-done” agent, which efficiently makes calls, sends emails, and interacts with software, alleviating common consumer frustrations such as long hold times and ineffective service agents. With a 93% success rate in negotiations and an average time savings of 270 minutes per user, Pine has saved consumers over $3 million across providers like AT&T and Verizon. The technology continuously evolves through a shared memory system that improves reliability and speed. Pine aims to be a privacy-forward alternative to typical chatbots, focusing on real task execution. CEO Stanley Wei emphasizes that Pine not only saves time but also transforms consumer interactions into a more efficient experience.
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