Laura Mandaro / The Information:

Yelp acquires Hatch, which charges a monthly fee for AI-powered agents that can respond to customer inquiries and make appointments, for $300M  —  Recommendation app Yelp on Wednesday said it agreed to acquire AI agent startup Hatch for $300 million, or roughly 12 times the startup's annual recurring revenue.

Laura Mandaro / The Information:

Yelp acquires Hatch, which charges a monthly fee for AI-powered agents that can respond to customer inquiries and make appointments, for $300M  —  Recommendation app Yelp on Wednesday said it agreed to acquire AI agent startup Hatch for $300 million, or roughly 12 times the startup's annual recurring revenue.

Source: TechMeme
Source Link: http://www.techmeme.com/260122/p39#a260122p39