{"id":105959,"date":"2021-02-25T13:00:00","date_gmt":"2021-02-25T13:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2837412"},"modified":"2021-02-25T13:00:00","modified_gmt":"2021-02-25T13:00:00","slug":"indigenous-ai-company-provided-covid-19-funding","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/02\/25\/indigenous-ai-company-provided-covid-19-funding\/","title":{"rendered":"Indigenous AI Company Provided COVID-19 Funding"},"content":{"rendered":"

\"Indigenous <\/a> <\/p>\n

iCrowdNewswire <\/strong>  Feb 25, 2021  8:00 AM ET<\/span><\/p>\n

TORONTO \u2013 February 8, 2021<\/strong> \u2013 <\/span>Two Rivers Community Development Centre, an organization dedicated to helping First Nation businesses and Indigenous entrepreneurs grow and flourish, today confirmed funding to Kama.AI, a Toronto-based Indigenous tech firm whose emotional intelligence platform is carving out a unique niche in the fast-growing AI sector.<\/span><\/p>\n

\u201cStrong businesses build strong communities, which is why we are pleased to announce that Two Rivers has awarded COVID-19 Business Recovery funding to Kama.AI,<\/span> an Indigenous Artificial Intelligence company in the Greater Toronto Area,<\/span>\u201d said David Vince, CEO of Two Rivers. \u201cIt was exciting to assist a company developing such a promising solution in this growing high-tech area. Their patented technology is impressive and we were happy to <\/span>be able to <\/span>contribute.\u201d  <\/span><\/p>\n

Kama.AI\u2019s \u201cDesigned Emotional Intelligence\u201d\u00ae  or EI platform, is built on a knowledgebase of real-world relationships, combined with a patented (human) value-rating technology that allows the \u2018EI\u2019 to understand and think like humans do. This technology is now patented in four jurisdictions including Canada, the United States, China, and Israel. The solution enables more \u2018human\u2019 interactions in automated online environments through chatbots, Facebook Messenger, or smart speakers like Amazon Alexa. <\/span><\/p>\n

Brian Ritchie, Kama.AI\u2019s CEO, was delighted to be approved for the Business Recovery Funding. \u201cEven though the market for AI platforms remains strong despite the effects of COVID-19, launching a new commercial platform during a global pandemic creates challenges in both the customer and investment markets. Since March of last year, we have been encouraged by the strong and continued interest from our own shareholder group participating in new equity funding. Two Rivers\u2019 Business Recovery Financing program, with its combined debt and grant portions, was ideal for us to secure additional working capital in such a turbulent economic climate.\u201d<\/span><\/p>\n

Kama.AI began offering commercial service in May 2020 with its first customer, Canadian software vendor, <\/span>SmartDesk CRM<\/span><\/a>. In August it launched service with Canada\u2019s largest rural internet service provider <\/span>Xplornet Communications Inc<\/span><\/a>. The company\u2019s newest customer, Indigenous Tourism Ontario, is a key player in the Indigenous recreational business ecosystem.<\/span><\/p>\n

Kevin Eshkawkogan, CEO of <\/span>Indigenous Tourism Ontario<\/span><\/a>,<\/span> said, \u201cit is always great to do business with members from our own communities. Like many others in the industry, ITO and its member organizations, are going through digital transformations to adapt to changing times. We have already experimented and piloted virtual reality tours of the region. Kama.AI allows us to explore giving our own website, and our member\u2019s websites and services, virtual voices that promote our traditional values of culture, story-telling and wisdom while protecting the environment. We are excited to have signed on as one of Kama\u2019s latest customers.\u201d <\/span><\/p>\n

This funding was provided through Ontario\u2019s Indigenous Economic Development Fund to respond to the needs of small-medium sized Indigenous-owned businesses impacted by COVID-19.<\/em><\/strong><\/p>\n

About <\/span>Two Rivers Community Development Centre<\/strong><\/a><\/p>\n

Two Rivers Community Development Centre provides Indigenous entrepreneurs and businesses the business support and resources they need to succeed. With a committed team of professionals to assist you, Two Rivers can provide business loans, engaging workshops and seminars, a business resource centre, and more.<\/span><\/p>\n

About Kama.AI <\/a><\/strong><\/p>\n

Kama.AI\u2019s Designed Emotional Intelligence\u00ae platform, Kama DEI, is a natural language conversational intelligence that lets brands and organizations educate and support their clients with personalized service guided by consumer values like \u201cculture\u201d, \u201cstyle\u201d, \u201chealth\u201d or \u201ccompanionship\u201d. End user clients can access the platform through any medium including chatbots, FB Messenger, Alexa or mobile phone apps. The result is anytime access to automated, personalized product and service information while live CSRs focus on higher value-added conversations. <\/span><\/p>\n

With the launch of Kama-as-a-Service (KaaS) in the summer of 2020, the company\u2019s value-based contextual understanding and conversational intelligence can now be added to virtually any chatbot with any backend RPA or AI solution. <\/span><\/p>\n

Contact Information: <\/h3>\n<\/p>\n

Sierra Riley
sierra@kama.ai <\/p>\n

\n
\"iCrowdNewswire\"<\/a> <\/div>\n

<\/p>\n

Keywords:<\/strong>    Artificial Intelligence, AI, CRM, Marketing, Emotional Intelligence, Business<\/span><\/p>\n

<\/p>\n

The post Indigenous AI Company Provided COVID-19 Funding<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

iCrowdNewswire   Feb 25, 2021  8:00 AM ET TORONTO – February 8, 2021 – Two Rivers Community Development Centre, an organization dedicated to helping First Nation businesses and Indigenous entrepreneurs grow and flourish, today confirmed funding to Kama.AI, a Toronto-based Indigenous tech firm whose emotional intelligence platform is carving out a unique niche in the fast-growing AI […]<\/p>\n

The post Indigenous AI Company Provided COVID-19 Funding<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n

Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-105959","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"\nIndigenous AI Company Provided COVID-19 Funding - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2021\/02\/25\/indigenous-ai-company-provided-covid-19-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indigenous AI Company Provided COVID-19 Funding - Business\" \/>\n<meta property=\"og:description\" content=\"iCrowdNewswire   Feb 25, 2021  8:00 AM ET TORONTO – February 8, 2021 – Two Rivers Community Development Centre, an organization dedicated to helping First Nation businesses and Indigenous entrepreneurs grow and flourish, today confirmed funding to Kama.AI, a Toronto-based Indigenous tech firm whose emotional intelligence platform is carving out a unique niche in the fast-growing AI […] The post Indigenous AI Company Provided COVID-19 Funding appeared first on Financial Market Brief. 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