FatBrain AI, the leader in powerful and easy-to-use AI solutions for the enterprise stars of tomorrow, signs new customers.
FatBrain offers a comprehensive suite of Artificial Intelligence (AI) solutions that work by plugging into existing software-as-a-service (SaaS) products like Quickbooks, Shopify, Salesforce, Slack and Hubspot, as well as hundreds of other applications.
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“Our products continue to gain market acceptance and are in high demand,” Peter B. Ritz, co-founder, CEO of FatBrain AI.”
The customers include those in the finance, insurance and digital innovation industries. The largest of these new customers, a bank, signed a $5 million deal with a $5 million extension for the second half of 2023, to improve lending to its SME customer base. FatBrain AI is currently working on finalizing a multi-year structure to provide continued services on an ongoing basis to this customer.
“Our products continue to gain market acceptance and are in high demand. We are on track to meet or exceed customer acquisition goals for the year and anticipate more than doubling our number of customers by years end. We are well positioned to take advantage of the huge growth in our industry,” commented Peter B. Ritz, co-founder and CEO of FatBrain AI.
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