On the TechTO stage ×3
Mike Murchison of Ada presents How do you know your software is valuable?
Watch on YouTube ↗TechTO x TMX Presents: Three Comma Club ft. Ada
Listen to the episode ↗Ada Support and Version One Ventures
Watch on YouTube ↗First seen on the TechTO stage in 2017. Every talk is searchable — ask the archive about Mike ↗
In their words
I actually believe in B2B software that great software gets people promoted.
software isn't inherently valuable — instead what you'll believe is that software is a multiplier of value that is created in the physical world
we actually answered thousands of customer support tickets a month manually before we wrote one line of code
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Quick answers
What is Mike Murchison known for?
Co-founding Ada in 2016 and building it into an AI customer service platform serving 350+ businesses, which Ada says automates up to 83% of customer conversations.
How did Ada start?
Murchison and co-founder David Hariri convinced seven customer service teams to let them work as support agents for roughly a year before building anything. The question behind it: why do businesses talk to their customers less the bigger they get?
How much has Ada raised?
More than $200M. Its last priced round was a $130M Series C in May 2021 at a $1.2B valuation, led by Spark Capital.


