Announced
Completed
Synopsis
capital D, Keyhaven Capital and Morgan Stanley Expansion Capital, three investors, completed the acquisition of a 64% stake in Phrasee, an AI-powered SaaS platform. Financial terms were not disclosed. "We are empowering brands with the most advanced AI-generated brand language to optimize marketing performance and unify a brand's customer experience. Our technology delivers millions in incremental revenue, and we are proud to call some of the world's most recognized brands Phrasee customers," Parry Malm, Phrasee CEO.
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