Generative AI Phone Startup nocall Secures Approx. 6 Million USD in Series A, Surpassing 7.5 Million USD in Total Funding

Overview of the Funding

nocall Inc. has announced the completion of an approximately 800 million yen (approx. $6 million USD) Series A funding round. With this latest round, the company's total cumulative funding has surpassed 1 billion yen (approx. $7.5 million USD). The round was co-led by JAFCO and Archetype Ventures, with continued participation from existing investor Coreline Ventures.

About nocall

Founded in 2020, nocall Inc. develops and provides "nocall.ai," a generative AI telephone service. Operating under the mission to "AI-enable all business communications," the company deploys advanced generative AI telephony technology that operates reliably even in challenging acoustic environments, such as high-noise backgrounds. The service is currently being adopted by enterprise companies across a wide range of industries, including automotive, finance, human resources, and IT.

Case Studies and Track Record

At MOTA, automating appraisal reservation confirmation calls successfully reduced the same-day cancellation rate from approximately 15% to 5.7%, preventing about 750,000 yen (approx. $5,600 USD) in potential revenue loss daily. Additionally, at Raccoon Financial, the payment promise acquisition rate for debt collection operations improved by 3 to 4 times, significantly contributing to operational efficiency.

Purpose of Funding and Future Outlook

The newly raised capital will be allocated primarily to the following areas:

• Strengthening Recruitment: Expanding specialized talent to support product development and drive customer success.
• Advancing Product Development: Enhancing features to enable broader application in real-world business scenarios.

Through these investments, nocall aims to accelerate the full automation of telephone operations for businesses struggling with labor shortages, driving the expansion of the AI telephony market in Japan.

List of Investors

• JAFCO
• Archetype Ventures
• Coreline Ventures