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Cyber Security
Independent · Digital
Thehackingpost
CybersecurityAI-assisted

Startup Of The Week: Elyos AI

ElyosAI is a London-based AI startup developing AI agents for the trades and field services sector. Trade businesses often face significant administrative challenges, potentially impacting revenue and customer retention while engaged in fieldwork. …

ElyosAI is a London-based AI startup developing AI agents for the trades and field services sector. Trade businesses often face significant administrative challenges, potentially impacting revenue and customer retention while engaged in fieldwork. Elyos AI provides AI agents to support customer service, sales, scheduling, and more, allowing tradespeople to focus more on fieldwork and less on administrative tasks.

Established in 2023 through Y Combinator , Elyos AI enhances operational efficiency for trade and field services businesses using artificial intelligence agents.

The company develops AI agents that function as an in-house team, ensuring seamless business operations while employees are on field assignments. These agents manage calls, book jobs, follow up on quotes, and send reminders, integrating easily with existing systems to support business scalability without administrative constraints.

Elyos AI has secured $16 million in funding, including a $13 million (£9.7m) Series A investment led by Blackbird Ventures.

Elyos AI distinguishes itself by focusing on the trades and field services industry. Unlike generic AI assistants, Elyos agents are specifically trained to meet the needs of these sectors. They handle calls, manage scheduling, send reminders, and assist with documentation autonomously.

ElyosAI is a London-based AI startup developing AI agents for the trades and field services sector.
Danielle Frost · Thehackingpost

The agents are designed for easy integration with existing tools, eliminating the need to alter processes or migrate software, ensuring immediate usability.

Market Potential for AI in Field Services

The demand for AI in the trades and field services industry is expanding. This sector, including professions such as plumbing and engineering, often struggles with administrative burdens that detract from field productivity.

In the UK, the field service market is valued at approximately $232 million, with projections to reach $1 billion by 2034. By handling administrative tasks, AI supports more efficient field operations.

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Elyos AI provides industry-specific solutions, leading to a 30% reduction in administrative costs and high customer satisfaction, with over 96% of interactions rated positively. More than 80% of leads are converted to jobs, reflecting the tailored approach's effectiveness.

For more information about Elyos AI's range of agents, visit elyos.ai .

Based on reporting by techround.co.uk.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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