Ann Arbor-Based Fintech Startup Clinc Raises $52M, Aims For 2022 IPO

Research and development surrounding the use of artificial intelligence has skyrocketed in the past few years, with advancements from big companies like Amazon.com, Inc. AMZN 0.05% and Google GOOGL 0.04%. One tenacious player from the Midwest, Clinc Inc., is competing for the top spot in customer interaction and AI technology.

What Happened

The Ann Arbor-based startup announced Monday that it raised $52 million in a Series B financing round led by Insight Partners, DFJ Growth, Drive Capital and Hyde Park Venture Partners, according to Crain’s Detroit Business.

This article was originally published in Benzinga.

Photo: Ervins Strauhmanis