According to Tech Crunch, the e-commerce giant confirmed that Angel.ai co-founder and CEO Navid Hadzaad has joined the company. “I can confirm that Navid started at Amazon, and that his first day was yesterday. We don’t have anything further to share at this time,” the spokesperson for Amazon said.
A quick check on LinkedIn confirms Hadzaad’s new job title: “Head of New Bot Products at Amazon”. I also understand that several other Angel.ai employees are joining or have offers from Amazon and that the company is also acquiring some or all of Angel.ai’s technology and data.
That said, this doesn’t look like much of a return for investors, if any, with Angel.ai having raised $8 million in Series A funding in July 2015. The round was led by General Catalyst Partners, with participation from Lakestar, Rocket Internet’s Global Founders Capital, Slow Ventures, BoxGroup, Ashton Kutcher and Guy Oseary’s Sound Ventures, and Cherry Ventures.
Angel.ai formally known as GoButler , first launched as a virtual assistant that lets user’s request anything on-demand, but had since gone through several pivots, settling on offering natural language processing technology to third-parties.
Looking closely at these acquisitions, Amazon’s focus is on conversational commerce and of course using their Angel.ai to push this further.