Two Rivers Community Development Centre is dedicated to helping First Nation businesses and Indigenous entrepreneurs grow and flourish. Strong businesses build strong communities, and Indigenous entrepreneurs are increasing at a rate of over 3 times the rest of all Canadians.
“We are pleased to announce that Two Rivers has recently awarded $50,000 in COVID-19 Business Recovery funding to an Indigenous Artificial Intelligence company in the Greater Toronto Area.” Said David Vince, CEO of Two Rivers. “It was exciting to see Kama.AI, working in such a high-tech area as AI, show up in our list of applicants. Their patented technology is impressive for any company let alone an Indigenous one. We are very happy to have provided this funding ”
Kama.AIs “Designed Emotional Intelligence”® or EI platform, is built on a knowledge base of real-world relationships and combined with a patented (human) value-rating technology that allows the ‘EI’ to understand and think more like humans do. Its technology is now patented in four jurisdictions including Canada and the United States.
Kama.AI’s CEO was delighted to be approved for the Business Recovery Funding. “Even though the market for AI platforms remains strong, despite the effects of COVID-19, launching a new commercial Emotional Intelligence platform, exactly when a global pandemic started, created challenges in both the customer and the investment markets. Since March 2020, we were incredibly pleased to see continued interest from our own shareholder group to participate in a new equity funding. However, the Business Recovery Financing program, with its combined debt and grant portions, was ideal for us to secure additional working capital in such a turbulent market situation.”
Kama.AI began offering commercial service in May 2020 with its first customer, Canadian software vendor, SmartDesk CRM. In August it launched service with Canada’s largest rural internet service provider Xplornet Communications Inc. The company’s newest customer, while not yet launched, is a key player in the Indigenous recreational business ecosystem. Kevin Eshkawkogan CEO of Indigenous Tourism Ontario said “it is always great to do business with members from our own communities. Like many others in the industry, ITO and its member organizations, are going through digital transformations to adapt to changing times. We have already experimented and piloted virtual reality mini tours of the region. Kama.AI allows us to explore giving our own website and our member’s websites and services virtual voices tied to our traditional values of culture, tradition, wisdom and the environment. We are excited to have signed on as one of Kama’s latest customers.”
Kama.AI’s Designed Emotional Intelligence® platform, Kama-DEI, is a natural language conversational intelligence that lets brands and organizations educate and support their clients with personalized service guided by consumer values like “culture”, “style”, “health” or “companionship”. End user clients can access Kama-DEI through any medium including chatbots, FB Messenger, Alexa or mobile phone apps. The result is anytime access to automated, personalized product and service information while live CSRs focus on the value-added conversations.
With the launch of Kama-as-a-Service (KaaS) in the summer of 2020, the company’s contextual understanding and conversational intelligence can now be added to virtually any chatbot with any backend RPA or AI solution.
V2.jpg)
