Humanising Digital Interactions: Our Investment in Anam

Humanising Digital Interactions: Our Investment in Anam

We're excited to announce our lead investment in Anam's £1.75 million pre-seed round, alongside our great friends at Torch Capital and Anamacara, as well as portfolio founder Mati Staniszewski of Elevenlabs and Zeena Qureshi of Sonantic. 

The Anam Story

Founded by Caoimhe Murphy (CEO) and Ben Carr (CTO) in 2024, the duo met while working at UK Unicorn Synthesia. Today, Anam is developing cutting-edge infrastructure to create and deploy 'digital humans'. These AI-powered humans can engage in natural, real-time conversations, providing a more personalised and engaging experience than traditional chatbots or other automated systems. Anam's digital humans can understand context, express emotions, and respond with human-like nuance - all built on the ‘brain’ or custom-context of each customer - enabling companies to scale their human-to-human surface area and deliver cost-effective and human-centric experiences to all users. 

Addressing the Human Touch in AI Interactions

As AI and automation increasingly permeate business processes, there's a growing disconnect between businesses and their customers - and a flurry of chatbots and automated systems have plagued user's experiences. We believe the chatbot approach lacks the human touch required by modern Western consumers. Anam is tackling this challenge head-on, offering the API infrastructure to enable any business to integrate this technology at source. 
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The Product Today

As of today you can try and buy the Anam product, head over to their website to give it a go yourself: https://anam.ai. The team have had their engine achieve a latency of 1.2 seconds on average which can be deployed by devs rapidly via their API - see API documentation here. 

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Why We're Excited

At Concept Ventures, we spend most of our time searching for teams addressing large, complex challenges, with a clear vision for commercial success. Anam ticks all these boxes for us:

1. Exceptional Founding Team: Caoimhe Murphy brings strong commercial acumen and a track record of fast execution, having already secured 10 early design partners. Ben has done a terrific job in attracting key hires, assembling a world-class research team in a matter of months. 
2. Massive Market Opportunity: The digital avatar and conversational AI market is experiencing rapid growth, with companies across the US and Europe seeing tremendous enterprise adoption.. Anam's real-time, low-latency approach opens up even more use cases. 
3. Innovative Product Approach: Anam's architecture leverages existing infrastructure players for example ElevenLabs and OpenAI, positioning them to benefit from ongoing improvements in these foundational technologies as model performance improves.
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Looking Ahead

We're excited to support Anam's growth as they join our portfolio of cutting-edge AI and deep tech investments. As Anam continues to develop its technology and expand its partnerships, we believe their solution can reshape how businesses engage with customers, leading to more meaningful interactions and improved customer satisfaction.

We look forward to working closely with Caoimhe, Ben, and the entire Anam team as they build the future of digital human interactions. Onwards!

Stay tuned for more updates on Anam's progress, and you can chat to one of their humans at the website below: 

• Website: https://anam.ai/
• LinkedIn: https://www.linkedin.com/company/anam-ai/

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