John Kim is the Co-Founder and CEO of Sendbird (YC W16), a B2B startup providing a messaging solution for enterprises. The platform currently serves millions of monthly active users and helps businesses build 1-on-1 messaging and group chat quickly on their applications. Sendbird has raised over $120M to-date, backed by Y Combinator, Shasta Ventures, August Capital, ICONIQ Capital, Tiger Global Management, and FundersClub. John also serves as a General Partner at Valon Capital, a venture capital firm focusing on B2B/SaaS/AI, deep tech, fintech, and health care.
Sendbird releases business messaging feature set for customers such as Walgreens to manage cross-channel communications and notifications.
With Gen Z migrating to new social media, companies should focus on building communities in-app rather than depending on other platforms.
Sendbird released an AI-powered chatbot last month to go with its messaging platform that can ingest a company's customer service, sales and marketing data. The company is large language model-agnostic and is more interested in providing customers with the capability of using LLMs as opposed to building its own, said cofounder and CEO John S. Kim.
"We're not bringing the brains to you -- we have partnered with all the brains," Kim said. "We're providing all the other tools for you to fully operationalize AI in production."
Sendbird’s solution involves an in-app messaging capability designed to improve the impersonal experience of email and text messaging and control the identity risks associated with communication via legacy SMS platforms. The issue that Kim and his co-founders identified was that the vast majority of businesses, such as PicPay, could not spend resources to build a custom frictionless, modern experience in messaging applications.
“We want to help the 99.9% of businesses around the world who don’t have the technology or user experience expertise in messaging,” Kim explained. “We help our customers harness the power of modern messaging capabilities and embed it into their own platforms so they can retain their users and engage with them in the context of what their business is about.”