capital · May 22, 2026
Conversion Agents Launches with $30M Funding Targeting Eloqua and Legacy MAPs
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Neil Tewari and James Jiao at Conversion AI launched Conversion Agents on May 19, 2026, with $30M in funding from Abstract Ventures, True Ventures, and HOF Capital. The AI agent layer enables plain-English instructions for tasks like segment building, nurture QA, and lead routing on a native data model connected to Salesforce, Snowflake, BigQuery, and product events. It features Chat Companion for on-demand requests and Recurring Agents for scheduled workflows, delivering 44% reduction in MOps execution time and 1,800+ hours saved per team annually. Conversion Agents positions itself as a rebuild of marketing automation parity with Marketo, HubSpot, Pardot, and Eloqua but with native agents. Neil Tewari founded Conversion AI four years ago specifically to compete against Eloqua.