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Conversational agents (CA), ie software that interacts with its users through natural language, are becoming increasingly prevalent in everyday life as technological advances continue to significantly drive their capabilities. CA exhibit the potential to support and collaborate with humans in a multitude of tasks and can be used for innovation and automation across a variety of business functions, such as customer service or marketing and sales. Parallel to the increasing popularity in practice, IS researchers have engaged in studying a variety of aspects related to CA in the last few years, applying different research methods and producing different types of theories. In this paper, we review 36 studies to assess the status quo of CA research in IS, identify gaps regarding both the studied aspects as well as applied methods and theoretical approaches, and propose directions for future work in this research area.