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Founded Year

2008

Stage

Secondary Market | Alive

Total Raised

$203.25M

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+26 points in the past 30 days

About Invoca

Invoca is a leader in conversation intelligence AI, focusing on enhancing marketing, e-commerce, and contact center operations within various business sectors. The company offers a platform that transforms customer conversation data into actionable insights, enabling businesses to automate and optimize revenue growth. Invoca's solutions are primarily utilized by industries such as automotive, financial services, healthcare, home services, insurance, retail, telecom, and travel & hospitality. Invoca was formerly known as Ring Revenue Inc.. It was founded in 2008 and is based in Santa Barbara, California.

Headquarters Location

419 State Street

Santa Barbara, California, 93101,

United States

866-654-7915

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ESPs containing Invoca

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Sales & Customer Service

The conversation intelligence market offers valuable insights into customer interactions, enabling businesses to enhance their communication strategies and drive better outcomes. These solutions use AI and natural language processing (NLP) technologies to analyze conversations, whether they occur in calls, emails, or other communication channels. By extracting meaningful data from these conversati…

Invoca named as Challenger among 15 other companies, including Salesforce, HubSpot, and Zoom.

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Research containing Invoca

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Invoca in 1 CB Insights research brief, most recently on Jun 16, 2022.

Expert Collections containing Invoca

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Invoca is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,249 items

A

AI 100

99 items

Winners of CB Insights' annual AI 100, a list of the 100 most promising AI startups in the world.

A

Ad Tech

4,236 items

Companies offering tech-enabled marketing and advertising services.

T

Tech IPO Pipeline

282 items

Track and capture company information and workflow.

S

Sales & Customer Service Tech

600 items

Companies offering technology-driven solutions to enable, facilitate, and improve customer service across industries. This includes solutions pre-, during, and post-purchase of goods and services.

A

Artificial Intelligence

6,855 items

Invoca Patents

Invoca has filed 31 patents.

The 3 most popular patent topics include:

  • machine learning
  • computational linguistics
  • natural language processing
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/3/2022

10/31/2023

Machine learning, Natural language processing, Computational linguistics, Artificial neural networks, Tasks of natural language processing

Grant

Application Date

8/3/2022

Grant Date

10/31/2023

Title

Related Topics

Machine learning, Natural language processing, Computational linguistics, Artificial neural networks, Tasks of natural language processing

Status

Grant

Latest Invoca News

Invoca Celebrates 2024 Impact Award Winners Showcasing Excellence in Revenue Execution

Sep 25, 2024

News provided by Share this article Awards honor the brands and partners who deliver exceptional customer experiences and meaningful business results. SANTA BARBARA, Calif., Sept. 25, 2024 /PRNewswire/ -- Invoca, the leader in revenue execution platforms , today announced the recipients of its 2024 Impact Awards . Now in its 7th year, this program celebrates the brands and partner teams that have mastered alignment between marketing and sales, resulting in wins across many key business metrics, such as revenue growth and ad spend efficiency. These awards recognize B2C companies that have optimized the buyer journey, embraced revenue execution and driven meaningful business results. Invoca Impact Awards honor the brands and partners who deliver exceptional customer experiences and meaningful business results. Invoca's The State of B2C Revenue Execution Report 2024 revealed how poor alignment between B2C marketing, sales, and contact center teams significantly impacts revenue growth, especially in high-consideration purchase industries. The 2024 winners exemplify the potential for B2C companies that prioritize tightly aligned revenue teams to deliver an exceptional customer journey from first click to final sale. "B2C brands are operating in a more competitive, fragmented buyer landscape than ever before," said Jennifer Lovette, SVP of Customer Success at Invoca. "We are incredibly proud to celebrate the brands and partner teams that are using revenue execution to its fullest potential to deliver exceptional customer experiences and drive meaningful business results." The 2024 Impact Award finalists include notable brands across a range of industries from telecom to home services, healthcare and more who stand out for the impressive business results they've seen through their adoption of revenue execution, as well as partners who are helping Invoca shape the next generation of industry tools and cutting edge solutions. Get inspired by their stories here . This year's Invoca Impact Awards winners are: Best Revenue Team Winner: T-Mobile The Best Revenue Team successfully aligns marketing and sales teams to unlock a company's full revenue potential. Through their use of the Invoca platform, they successfully connect their paid media investments directly to revenue, improve digital engagement, and deliver seamless buyer experiences. T-Mobile has cemented a strong partnership between its marketing and contact center sales teams, and uses AI signals on hundreds of thousands of calls to optimize marketing spend, generate qualified leads and understand caller intent. Since using Invoca, they've seen a 34% reduction in cost-per-call, a 61% spike in call orders and 27% rise in web orders. Buyer Journey Excellence Winner: AT&T The Buyer Journey Excellence Award winner provides the best experience to consumers by equipping their sales team with high-value insights about incoming calls. Sellers effectively use this information to optimize the buying experience and convert more calls. AT&T has integrated Invoca with Neustar, routing highly qualified callers directly to agent queues, resulting in a 39% lift in answered calls and a 23% rise in sales opportunities. "The work we've done with Invoca to enrich visitor profiles and enable audience-first routing has truly been a game changer that is giving us meaningful conversion lifts, and we're seeing the impact on both the consumer and the business side," said Ben Downing, Director, Marketing Technology and Digital Enablement at AT&T. "We're thrilled to see where this takes us next – thank you for the honor!" AI Visionary of the Year Winner: AutoNation The AI Visionary of the Year makes the most of their investment through a strong vision and execution. They use Invoca's AI technology in innovative ways to transform their business. They also push Invoca's platform and product teams to make improvements that positively impact the broader Invoca customer community. AutoNation uses Invoca data across multiple departments and AI Signals in their service center scorecards and marketing optimization. Their participation in product Beta testing has been instrumental in strengthening Invoca's solutions. AutoNation embodies a true spirit of innovation and collaboration, not simply benefiting their own operations but also advancing the entire field of AI-driven business solutions. Rookie of the Year Winner: CenterWell (Humana) The Rookie of the Year is a customer who has been using Invoca for less than a year and has seen the meaningful impact of revenue execution within only a few months of using the platform. In just one quarter, CenterWell has positioned Invoca at the core of their data-driven decisions. They seamlessly transitioned over 6,000 numbers to Invoca's PreSense platform to improve agent call outcomes, set up sophisticated integrations, and used advanced Invoca analytics to optimize their media campaigns, better allocate ad spend and create operational efficiencies. Revenue Execution Hero of the Year Winner: Melissa Reilly of U.S. Bank The Revenue Execution Hero of the Year award is an individual who speaks publicly about the innovative ways they connect the buyer journey and are widely considered to be thought leaders in revenue execution. U.S. Bank's Melissa Reilly is a true advocate and subject matter expert who generously shares her expertise with the Invoca community. Since joining the program several years ago, Melissa has made significant contributions—from case studies, to reference calls, user groups, webinars and industry analyst engagements—to benefit the wider customer community. Breakthrough Partner of the Year Winner: Publicis The Breakthrough Partner of the Year is given to a partner or agency who has introduced a new integration, joint use case, or go-to market channel. This partner demonstrates innovative thinking to help our joint customers succeed. Publicis took a major step forward with teams across its divisions, including Starcom, Razorfish, Spark, Zenith, Digitas and Epsilon, using Invoca to deliver unique value to clients. Publicis developed clear measurement plans to improve media attribution for shared clients, creating advanced use cases that are already delivering results. Partner Collaboration Award Winner: Tealium The Partner Collaboration Award goes to the technology or agency partner that consistently shows strong commitment to collaboration by participating in events and other activities that help drive visibility, awareness, and business opportunities. Tealium earned the win for an integration with Invoca that creates a powerful combination, blending Tealium badges and data actions with Invoca's offline phone conversion data. Partner Innovation Award Winner: Contentsquare The Partner Innovation Award is given to the technology or agency partner who consistently delivers the most creative use cases or integration ideas, helping Invoca bring cutting edge solutions to market. Contentsquare is recognized for their depth of integration. Brands using this integration now receive valuable insights into the consumer journey, understanding whether a journey was abandoned or completed, and correctly attributed contact center revenue and conversion. More Information: Get inspired by Invoca Impact Award finalist stories: https://www.invoca.com/blog/invoca-impact-awards-2024-winners See the results you can get with Invoca: https://www.invoca.com/customers About Invoca Invoca is the leading revenue execution platform to connect marketing and sales teams to enable them to track and optimize the buying journey and drive more revenue. By using a comprehensive revenue execution platform with deep integrations with leading technology platforms, revenue teams can better connect their paid media investments directly to revenue, improve digital engagement, and deliver the best buyer experiences to drive more sales. With Invoca, top consumer brands, including AutoNation, Mayo Clinic, Mutual of Omaha, and Verizon, experience unbelievable results powered by undeniable data. Invoca has raised $184M from leading venture capitalists, including Upfront Ventures, Accel, Silver Lake Waterman, H.I.G. Growth Partners, and Salesforce Ventures. For more information, visit www.invoca.com . SOURCE Invoca

Invoca Frequently Asked Questions (FAQ)

  • When was Invoca founded?

    Invoca was founded in 2008.

  • Where is Invoca's headquarters?

    Invoca's headquarters is located at 419 State Street, Santa Barbara.

  • What is Invoca's latest funding round?

    Invoca's latest funding round is Secondary Market.

  • How much did Invoca raise?

    Invoca raised a total of $203.25M.

  • Who are the investors of Invoca?

    Investors of Invoca include CrossWork, Upfront Ventures, Accel, Hollyport Capital, Industry Ventures and 14 more.

  • Who are Invoca's competitors?

    Competitors of Invoca include PolyAI and 5 more.

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