Zoom.ai wins $100,000 grand prize at OpenText Enterprise World Pitch Contest

Toronto-based Zoom.ai, which has developed an automated virtual assistant that helps users offload menial administrative tasks, has won a grand prize of $100,000 CAD at the OpenText Enterprise World Pitch Contest.

Zoom.ai won the cash prize for Best Technology Pitch after the company pitched to a joint C-level and venture capitalist panel on Thursday.

“The pitch was a unified team effort that brought together our latest learnings from our enterprise customers.”

In addition to the cash prize, Zoom.ai is receiving a one-year free entrance into the OpenText Global Partner Program, which invites companies and service providers to enroll in a specialized program — such as the referral program or technology program — where they are provided with training and product knowledge to help them achieve set business targets.

Zoom.ai said the extra influx of cash — following its recent $2.1 million seed round will extend the company’s runway by about two months, giving them “more buffer room” to achieve the necessary metrics to receive Series A funding.

“Having a huge established enterprise software vendor like OpenText award us this prize is a great validation of our vision to enhance every employee’s experience in the modern enterprise,” said Roy Pereira, founder and CEO of Zoom.ai. “The pitch was a unified team effort that brought together our latest learnings from our enterprise customers. We’re grateful that our artificial intelligence solution is getting so much attention.”

Photo via Twitter

Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.