Abe AI

New York, United States Founded: 2016 • Age: 10 yrs Acquired By Yodlee
Customer service is delivered via AI chatbot for financial institutions.

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.

  • Headquarters New York, United States
  • Stage Acquired
  • Sectors
    Technology
    Financial Services
  • Email
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  • Website abe.ai
  • Social LinkedIn X Facebook
  • Acquired by Yodlee (Jan 2019)
  • Legal Name Yodlee, Inc.
Key Metrics
  • Total Equity Funding
    $550K (USD)

    in 2 rounds

  • Investors
    Yodlee

    & 1 more

  • Acquired by
    Yodlee

    (Jan 2019)

Products & Services of Abe AI

Abe AI offers a comprehensive portfolio of products and services, including Data Aggregation, Conversational AI, and Account Verification.

Data Aggregation
API Service

Aggregates financial data for institutions to enable accurate analysis and integration.

Conversational AI
AI Platform

Provides AI-driven tools for natural language banking interactions and financial guidance.

Account Verification
Verification Service

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2017Seed–Techstars
–
May 2016$550,000Seed––
–
Valuation history

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
Cloud-based data aggregation and analytics for financial institutions are offered.
1999yodlee.comRedwood City, United States
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Investor details for Abe AI

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People of Abe AI

579 people are tracked at Abe AI (242 in leadership, 337 in team).

NameRoleGroup
Don Frerichs
Sr. VP Investment ManagementLeadership
Tyler Vonhummel
HNW Programs DirectorLeadership
Heather Davidson
Head Of HR Technology & AnalyticsLeadership
Rachel Rose
Marketing Director, Demand GenerationLeadership
Denise V.
Cleint Service DirectorLeadership
Shelly O’Brien
Chief Legal Officer, General Counsel, and Corporate SecretaryLeadership
Philip Gray
Director, Key AccountsLeadership
Arvind Prashad
Director Of Application Engineering SupportLeadership
Sandeep Sisodia
Head Of Ump-trading EngineeringLeadership
Bob Riggs
Regional Director, Advisor Sales & Wealth Consulting At Envestnet, IncLeadership
Donna N Peeples
Chief Relationship OfficerLeadership
Stephanie Bream
Head Of Trading ServicesLeadership
Josh Warren
Chief Financial OfficerLeadership
Brooks Friederich
Principal Director, Investment Solutions StrategyLeadership
Anand Jayaram
Vice PresidentLeadership
Avinash Ramadas
Director US Head - Envestnet Retirement Tech ServicesLeadership
Praveen Manikantan
Head Of Business System Analysis GroupLeadership
Manish Shrestha
Senior Director, Solutions ArchitectureLeadership
Eric Jones
Senior Vice President, Corporate CommunicationsLeadership
David Hawal
Principal Director, Investment Research - Equity & Fixed IncomeLeadership

559 more people are available in the full profile.

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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.

  1. Founded Abe AI is founded.
  2. Funding First funding round of $550K.
  3. Funding Latest funding round, Seed,.
  4. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
eltropy.com2014Milpitas, United States$25M113
Reputation management software is provided for solar industry sales.
homebot.ai2015Denver, United States$4M106
Lead generation is enabled via chatbots for real estate agents.
glia.com2012New York, United States$152M130
Cloud-based omnichannel platform is provided for financial customer service.
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Detailed competitors of Abe AI

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Verified entity values are shown only after access is granted.

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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based omnichannel communication and customer engagement platform is utilized.
2008San Francisco, California, United StatesUSD 239.77 MUSD 5.07 B5,540
AI powered customer experience management software
2001Pleasanton, California, United StatesUSD 344.39 MUSD 477.22 M5,437
Cloud-based omnichannel customer experience and contact center solutions are delivered.
1990Daly City, California, United StatesUSD 3.01 B651
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Related news about 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's top competitors include Glia, Eltropy and Homebot.

Abe AI offers Data Aggregation, Conversational AI, and Account Verification.

Abe AI has 2 investors. Key investors include Yodlee, and Techstars.

Abe AI operates through Yodlee, Inc..

Yes. Abe AI was acquired by Yodlee in January 2019.

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