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HomeBusinessAssembled raised $51M in Series B led by New...

Assembled raised $51M in Series B led by New Enterprise Associates

Assembled, a management platform based on the system of customer support in the workforce, revealed its successful drive of raising $51 million. The raise happened due to a funding round organized by the New Empire Associates. In the round the Emergence Capital and Basis Set Ventures were present. assembled series new enterprise associates 71mwiggerstechcrunch.

The CEO of the company declared that the product development in this new phase would get funding from the new capital acquired. This will include scheduled optimization algorithms. It will also include HR software integrations. They will also launch an initiative, CX Scholar. This will put forward a share of the percentage of the revenue of Assembled. It will help to support the education of the workers.

The pandemic caused a burden so disproportionate on customer support institutions. They faced increased customer demands and the challenge of working from home. A Replicant survey saw a study that posed that most people find it more difficult to contact a person now than before the pandemic start.

This data is proven as true, as the average annual turnover rate for contact center agents in the US is now 30-45%. This report comes from The Quality and Training Connection.

Wang has not posed Assembled as a panacea. However, he says that the platform can help take some of the burdens off the shoulders of the overworked support workers. The company got established by Wang and his brother, John Wang. They previously worked at Stripe.

Assembled will forecast and prepare to receive a sea of customer calls, texts, and emails using various forecasting and planning techniques. Managers who use Assembled can use it to draft their schedules. They can let agents change those schedules. Also, they can view metrics, for instance, the level of the response time and service Assembled. They can also compare historical performance.

With the new CX program, Assembled wants to encourage the leaders who aspire to give new-age customer service. The tool will help them learn business fundamentals and skills that will help them advance their careers.

Assembled got to achieve significant success over the past few years. Their client pool includes over 180 businesses like Etsy, Taskrabbit, Stripe, Zoom, and Restaurant Brands International (parent company of Burger King). They all entered a partnership with Assembled.

Wang wants to create more products to stay ahead in the game. These new tailored products on security, IT support, and other services will expand in the Asia-Pacific region, which holds over 60% of Assembled’s clients.

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