Chat commerce platform ReplyYes raises .5M, has already sold M in vinyl records via text

ReplyYes just launched a second channel, Origin Bound, selling graphic novels via text message. A new Seattle company called ReplyYes, a Madrona Venture Labs spinoff specializing in technology for buying products via text message, is emerging from stealth mode today with the news that it has raised $2.5 million in funding and reached $1 million in sales in eight months through its first “conversational commerce” channel, focused on vinyl records.Dave Cotter The early momentum shows the potential of artificial intelligence chatbots, supplemented by human agents, to engage with consumers and adapt to their preferences over time, said ReplyYes CEO Dave Cotter, the Seattle startup veteran, SquareHub co-founder and former Amazon general manager who is leading the new company. It’s part of a growing trend toward text-based chatbots for e-commerce and customer support. Facebook this week announced a chatbot platform that lets businesses…


Link to Full Article: Chat commerce platform ReplyYes raises .5M, has already sold M in vinyl records via text