Yalo (company)
Yalo is an artificial intelligence platform specializing in emerging markets. Its headquarters were formerly in San Francisco with offices in Mexico City, Mumbai, Shanghai, Bogotá, and São Paulo. It subsequently relocated to Mexico City.
Overview
Yalo enables companies to interact with their customers in conversational commerce on messaging apps including WhatsApp, Facebook Messenger, and WeChat.Customers include Walmart, Nike, Volkswagen, Aeroméxico, appliance and electronics retailer Elektra, Mexico's largest department store, Coppel, and Mexico's largest theme resort Xcaret.
The company was founded in Mexico by CEO Javier Mata and was formerly based in San Francisco, but subsequently moved to Mexico. As at 2021 its board of directors includes Mark Fernandes and Rashmi Gopinath.
In February 2018, the company announced the opening of its office in Shanghai, China, in alliance with venture capitalist Michael Kuan's company Strategic Impact Group.
In May 2021, Yalo raised $50 million in new funding led by B Capital, for a total of $75 million in total funding.
Platforms / Apps
Facebook Messenger
Yalochat introduced a variety of services on Facebook Messenger in 2016, shortly after Facebook launched its chatbot platform.In April 2017, it announced that its chatbot with Aeroméxico had added an artificial intelligence component to the Facebook Messenger bot.