As the generative AI craze rages on, Ramp acquires customer support startup Cohere.io

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Finance automation company Ramp has acquired Cohere.io, a startup that built an AI-powered customer support tool, the companies told TechCrunch exclusively.
Founded in 2020, New York-based Cohere.io (not to be confused with Cohere, another AI startup that recently raised capital) raised $3.1 million in a seed funding round led by Initialized Capital, later tacking on another $400,000 in funding. Other backers include Y Combinator, BoxGroup, Soma Capital, Shrug Capital and Chapter One. Angel investors include Plaid CEO and co-founder Zach Perr

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