Operational Bot Startup Kryon Raises $40 Million
Kryon develops virtual agents used to automate organizational processes such as paperwork handling or filing of insurance claims
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Founded in 2008, Kryon develops virtual agents, or bots used to automate organizational processes, such as handling paperwork or filing insurance claims. Kryon lists Microsoft, AT&T, HP, and Israeli defense contractor Elbit Systems Ltd. among its clients.
When it comes to automation of processes and jobs previously done by humans the focus is given to the future autonomous car, but automation is already happening in enterprises, Kryon CEO Harel Tayeb said in a phone interview with Calcalist Monday. Automation of the type offered by Kryon, does away with time-consuming chores, like filing paperwork, giving salespeople more time to close deals, he said.