Shelf

Knowledge management solutions using Generative AI

New York City, New York, United States

About Shelf

Shelf.io specializes in optimizing organizational knowledge through its knowledge management products. The technology uses Generative AI to evaluate content quality from various sources, ensuring that agents, chatbots, and customers receive accurate and consistent answers. This addresses the common issue of outdated or incorrect business content, which can be as high as 60%. By keeping information current, Shelf.io helps organizations improve their response accuracy, leading to significant returns on investment, such as $780,000 in the first year of use. The products also integrate with chatbots and self-service portals, allowing customers to resolve inquiries independently, resulting in a 40% increase in deflection rate. Shelf.io's goal is to enhance agent productivity and customer self-service by leveraging AI, customer data, and automation.

New York City, New YorkHeadquarters
2017Year Founded
$59MTotal Funding
SERIES_BCompany Stage
Enterprise Software, AI & Machine LearningIndustries
201-500Employees

Benefits

Unlimited Paid Time Off
Company Equity
Stock Options
Comprehensive health and wellness packages

Risks

Emerging AI-driven platforms may erode Shelf's market share.
Data privacy concerns in the EU could impact Shelf's client trust.
Economic downturns may reduce IT spending, affecting Shelf's revenue growth.

Differentiation

Shelf's MerlinAI delivers answers directly through daily-used tools, enhancing productivity.
Shelf.io's Generative AI ensures accurate, consistent answers, optimizing organizational knowledge.
Shelf integrates with chatbots and self-service portals, increasing customer inquiry deflection by 40%.

Upsides

Shelf achieved a $780,000 ROI for clients in the first year of use.
Shelf's expansion to Frankfurt supports European clients with enhanced data management.
The 4x ARR growth led to a successful $52.5M Series B funding round.

Funding

Total raised$59.04 M
Latest valuation$262.50 M
StageSERIES_B
$52
$262.50 M
SERIES A
8/31/2020
$6
$30.00 M
EARLY VC
6/30/2017
$2
$11.00 M