About Abe AI
Abe AI is a Technology company based in New York (United States) founded in 2016, and was acquired by Yodlee in January 2019. Customer service is delivered via AI chatbot for financial institutions. It operates in the Technology and Financial Services sectors. Abe AI has raised $550 thousand across 2 funding rounds from investors including Yodlee and Techstars. Abe AI offers products and services including Data Aggregation, Conversational AI, and Account Verification. Its focus areas include FinTech, Banking Tech, Banking Channels and Conversational. Its legal entity is Yodlee, Inc. Its competitors include Eltropy, Homebot and Glia; 3 of its 3 listed competitors have raised funding.
Company details
Abe AI was founded in 2016 and is headquartered in New York, United States. The platform operates in the fintech sector, where an AI-enabled chatbot is employed by financial institutions to process customer transaction data. Data is cleansed, categorized, classified, and analyzed to initiate customer conversations. Account management and goal-based savings are supported through these interactions, aiding banks in customer engagement.
Products & Services of Abe AI
Abe AI offers a comprehensive portfolio of products and services, including Data Aggregation, Conversational AI, and Account Verification.
Aggregates financial data for institutions to enable accurate analysis and integration.
Provides AI-driven tools for natural language banking interactions and financial guidance.
Offers secure methods to verify and connect user accounts with reduced risk.
Funding Insights of Abe AI
Abe AI has successfully raised a total of $550K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $550,000
- Total Rounds 2
- First Round $550,000
(May 2016)
- Investors Count 1
All 2 funding rounds of Abe AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2017 | Seed | β | Techstars | β | |
| May 2016 | $550,000 | Seed | β | β | β |
2 investors in total: 2 institutional.
Investors in Abe AI
Abe AI has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Yodlee and Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Cloud-based data aggregation and analytics for financial institutions are offered. | 1999 | yodlee.com | Redwood City, United States |
Investor details for Abe AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Abe AI
579 people are tracked at Abe AI (242 in leadership, 337 in team).
| Name | Role | Group |
|---|---|---|
Don Frerichs | Sr. VP Investment Management | Leadership |
Tyler Vonhummel | HNW Programs Director | Leadership |
Heather Davidson | Head Of HR Technology & Analytics | Leadership |
Rachel Rose | Marketing Director, Demand Generation | Leadership |
Denise V. | Cleint Service Director | Leadership |
Shelly O’Brien | Chief Legal Officer, General Counsel, and Corporate Secretary | Leadership |
Philip Gray | Director, Key Accounts | Leadership |
Arvind Prashad | Director Of Application Engineering Support | Leadership |
Sandeep Sisodia | Head Of Ump-trading Engineering | Leadership |
Bob Riggs | Regional Director, Advisor Sales & Wealth Consulting At Envestnet, Inc | Leadership |
Donna N Peeples | Chief Relationship Officer | Leadership |
Stephanie Bream | Head Of Trading Services | Leadership |
Josh Warren | Chief Financial Officer | Leadership |
Brooks Friederich | Principal Director, Investment Solutions Strategy | Leadership |
Anand Jayaram | Vice President | Leadership |
Avinash Ramadas | Director US Head - Envestnet Retirement Tech Services | Leadership |
Praveen Manikantan | Head Of Business System Analysis Group | Leadership |
Manish Shrestha | Senior Director, Solutions Architecture | Leadership |
Eric Jones | Senior Vice President, Corporate Communications | Leadership |
David Hawal | Principal Director, Investment Research - Equity & Fixed Income | Leadership |
559 more people are available in the full profile.
Complete people profiles for Abe AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Abe AI
4 dated milestones of Abe AI across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Abe AI is founded.
- Funding First funding round of $550K.
- Funding Latest funding round, Seed,.
- Exit Acquired by Yodlee.
Competitors of Abe AI
Abe AI has 3 listed competitors in our database, 3 of them funded. They include Eltropy, Homebot and Glia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eltropy.com | 2014 | Milpitas, United States | $25M | 113 | Reputation management software is provided for solar industry sales. | |
| homebot.ai | 2015 | Denver, United States | $4M | 106 | Lead generation is enabled via chatbots for real estate agents. | |
| glia.com | 2012 | New York, United States | $152M | 130 | Cloud-based omnichannel platform is provided for financial customer service. |
Detailed competitors of Abe AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Customer Experience & Support Software
3 companies that operate in the same segment as Abe AI (Customer Experience & Support Software) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
AI powered customer experience management software | 2001 | Pleasanton, California, United States | USD 344.39 M | USD 477.22 M | 5,437 | |
Cloud-based omnichannel customer experience and contact center solutions are delivered. | 1990 | Daly City, California, United States | USD 3.01 B | 651 |
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Related news about Abe Ai
Complete news archive for Abe AI
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Frequently Asked Questions about Abe AI
Abe AI was founded in 2016.
Abe AI is headquartered in New York, United States. It is registered at New York, New York, United States.
Abe AI is a funded company, having raised a total of $550K across 2 funding rounds to date. The company's 1st funding round was a Seed of $550K, raised on May 2016.
Abe AI was founded in 2016 and is headquartered in New York, United States. The platform operates in the fintech sector, where an AI-enabled chatbot is employed by financial institutions to process customer transaction data. Data is cleansed, categorized, classified, and analyzed to initiate customer conversations. Account management and goal-based savings are supported through these interactions, aiding banks in customer engagement.
Abe AI offers Data Aggregation, Conversational AI, and Account Verification.
Abe AI operates through Yodlee, Inc..
Yes. Abe AI was acquired by Yodlee in January 2019.

