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
  • 14/05/2025
  • 16:26
Maxon Computers

Maxon Introduces New Real-Time Rendering and Cinematic Previews Solution for Architects

Maxon gives first preview of new solution with partner Vectorworks at AIA Conference on Architecture & Design 2025 BAD HOMBURG, GERMANY / ACCESS Newswire / May 14, 2025 / Maxon, maker of powerful, approachable software solutions for creators working in 2D and 3D design, motion graphics, visual effects, gaming and more, is further optimizing its cinematic rendering technology for architectural visualization (ArchViz). For decades, Maxon's technology has empowered top artists to achieve the impossible in both the real world and imaginary-from architecture, construction and product design, to mind-bending visual effects, animation and 3D sculpting. Now, that same level of excellence…

  • Business Company News, Information Technology
  • 14/05/2025
  • 15:05
ASUS Australia

ASUS Announces Availability of ZenWiFi BD4 Outdoor Worry-free WiFi 7 for any outdoor environment

ASUS today announced availability of the ZenWiFi BD4 Outdoor, a powerful and durable router which extends seamless WiFi 7 connectivity to any outdoor environment.…

  • Contains:
  • Business Company News, Local Government
  • 14/05/2025
  • 13:07
Committee for Melbourne

More needs to be done for business in Melbourne budget

The Committee for Melbourne commends the plan to reduce Council’s debt from $212 million in 2025–26 to $61 million by 2028–29 and support targeted investments in public safety, cleanliness and community infrastructure – all essential to ensuring Melbourne remains a globally competitive and liveable city for residents, businesses and visitors. However, this budget fails to address the pressing concerns of the business community, including fulfilling election commitments.  While investments in safety – such as expanded CCTV and lighting – is also welcome and consistent with the Committee’s ongoing advocacy for a safer, more inclusive city, broader concerns around accessibility, amenity and…

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.