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StepStone Group and PayPal Ventures led a $30m Series C round in Rasa.

Synopsis

StepStone Group, a global private markets investment firm, and PayPal Ventures, a corporate venture arm of PayPal, led a $30m Series C round in Rasa, an AI software solutions provider, with participation from Andreessen Horowitz, Accel, and Basis Set Ventures. “This investment accelerates our lead in the market, and fuels our drive to redefine what is possible for businesses using generative AI-powered chat and voice platforms at scale. With our technology, we’re well-positioned to transform how businesses interact with their customers, making every conversation impactful and personal. We will use the funding to advance our technological leadership and strengthen our market presence,” Melissa Gordon, Rasa CEO.

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