Skip to content
Business Company News, Information Technology

Australia’s Axify.ai Successfully Raises $1M in Capital to Fuel Growth and Innovation

Axify.AI 2 mins read

Sydney, Australia – October 9, 2024 – Axify.ai, a cutting edge Australian AI startup, has successfully completed its first capital raise, securing $1M in funding. Founded in 2023 by visionary Bianca Brady, Axify.ai is revolutionising the hospitality, service, and health industries with its market-leading AI booking assistant, Axi.

Proven Market Success

While many AI agents remain in the conceptual stage, Axify.ai's Axi is already making an impact. This advanced conversational AI is used by hospitality groups to manage calls and complete bookings with over 99% accuracy. By freeing up valuable staff time and eliminating missed calls, Axi significantly enhances revenue capture and operational efficiency.

Customer Success Story

Marcello Colosimo, CEO of Momento Hospitality Group, says, “Axi is a fantastic solution to a common problem in our industry. We used to have a reservation team and still missed a significant number of calls. At Sarino, one of our venues, we were missing 55 calls a week. Since we implemented  Axi, we haven’t missed a single one and this has definitely increased trade. All callers have the option to speak to a staff member, but this is happening less and less. Axi frees up our staff to provide all-important service in venue.”

Visionary Leadership

Axify.ai is driven by Bianca Brady, an MIT Data Science graduate and career hospitality professional. Her expertise and innovative approach are generating interest in the hospitality sector and beyond, both in Australia and the US.

AI for the Real World

Axify.ai's mission is to make AI accessible and practical for millions, from small businesses to large enterprises. By fine-tuning large language models for hospitality-specific contexts, Axi is more than just an answering machine - it's a true agent in handling customer inquiries, closing bookings, and more. Axi can support businesses across various industries, including accommodation, beauty salons, allied health, and professional services.

Simple Integration

Axify integrates seamlessly with any operational system, booking system, or calendar. Business owners don’t need to learn new systems; simply add a weblink to digital channels and redirect the phone. Axi will handle all customer inquiries, lead nurturing, and bookings directly in the operator’s  booking system or calendar.

Strong Market Potential

With the recent capital raise, Axify.ai is well positioned to expand its market presence. The technology is already making waves, and the team looks forward to future expansion in the US and APAC regions.


Key Facts:

Australian AI company in-market with AI booking assistant

Founded by Bianca Brady, an MIT Data Science graduate

First round capital raise of $1m achieved

Service business customers reporting boosts to revenue and profit


About us:

Axify is an AI-driven assistant specializing in service bookings, designed to streamline operations and improve customer engagement for service businesses.


Contact details:

Susan Redden Makatoa

[email protected]

0403 870 383

Media

More from this category

  • Information Technology
  • 12/12/2025
  • 08:11
Datavault AI Inc.

Datavault AI Inc. (NASDAQ: DVLT) Announces a Distribution Date of Dec. 24, 2025, for the Dream Bowl Meme Coin Tokens to All Eligible Record Equity Holders of Datavault AI and Holders of Common Stock of Scilex Holding Company

PHILADELPHIA, Dec. 11, 2025 (GLOBE NEWSWIRE) -- via IBN-- Datavault AI Inc. (NASDAQ: DVLT) (“Datavault AI” or the “Company”), a leader in data monetization, credentialing, and digital engagement technologies, today announced that its board of directors (the “Datavault Board”) has set Dec. 24, 2025, as the distribution date for the Dream Bowl 2026 Meme Coin token (the “Meme Coin”) to all eligible record equityholders of Datavault AI. Dec. 24, 2025, will also be the distribution date for Datavault AI’s voluntary distribution of Meme Coins to record holders of common stock of Scilex Holding Company (NASDAQ: SCLX), which is being made…

  • Information Technology
  • 12/12/2025
  • 05:26
Denodo Technologies Inc. ("Denodo")

Denodo Named a Leader in the 2025 Gartner® Magic Quadrant(TM) for Data Integration Tools for Six Consecutive Years

Denodo believes this recognition is due to the strength of its AI capabilities and the loyalty of its diverse customer basePALO ALTO, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Denodo, a leader in data management, today announced that Gartner® has positioned the Company as a Leader for the sixth consecutive year in its 2025 Magic Quadrant for Data Integration Tools. “Data integration tools remain a fundamental architectural component as organizations increasingly seek improved capabilities to support their operational, analytical and AI use cases,” states Gartner. “This research helps data and analytics leaders make their decisions by analyzing 20 vendors in…

  • Information Technology
  • 11/12/2025
  • 21:11
Patton Electronics Co.

Patton Honored with Gold-Level Innovators Award

Cabling Installation & Maintenance has recognized Patton’s CopperLink® CL-SFP Ethernet Extender as among the structured cabling industry's most innovative cabling and communications technology products for 2025.CopperLink®... Going the Distance!“I would like to congratulate Patton on their gold-level honoree status.”Patrick McLaughlinChief EditorCabling Installation & MaintenanceGAITHERSBURG, Md., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Patton—world-renowned US manufacturer of networking and communications technology—announced today that its CopperLink® CL-SFP “world’s smallest” Ethernet Extender has won the 2025 Innovators Award from Cabling Installation & Maintenance Magazine.The CL-SFP Ethernet Extender is celebrated among the most innovative products introduced in the year 2025.Judges. An esteemed and experienced panel of…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.