About Ably
Ably is a company based in London (United Kingdom) founded in 2016 by Paddy Byers and Matthew O'Riordan. Ably has raised $78 million across 3 funding rounds from investors including Dawn Capital, Insight Partners and Molten Ventures. Ably operates in a competitive market with competitors including Dyte, LiveKit, Video SDK, SuprSend and Mesibo, among others.
- Headquarter London, United Kingdom
- Founders Paddy Byers, Matthew O'Riordan
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Ably Realtime Ltd
- Date of Incorporation 29 Jun, 2009
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$78 M (USD)
in 3 rounds
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Latest Funding Round
$70 M (USD), Series B
Jun 30, 2021
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Investors
Dawn Capital
& 5 more
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Employee Count
Employee Count
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Funding Insights of Ably
Ably has successfully raised a total of $78M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $70 million completed in June 2021. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $70.0M
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First Round
First Round
(04 Jun 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - Ably | Valuation | Insight Partners , Dawn Capital | |
| Apr, 2020 | Amount | Series A - Ably | Valuation | MMC Ventures | |
| Jun, 2019 | Amount | Seed - Ably | Valuation | Forward Partners |
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Investors in Ably
Ably has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Dawn Capital, Insight Partners and Molten Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Dawn Capital is focused on investing in European software startups.
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Founded Year | Domain | Location | |
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Venture capital is provided by Molten Ventures to tech leaders.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ably
Financial Statements - Ably
Ably Comparisons
Competitors of Ably
Ably operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dyte, LiveKit, Video SDK, SuprSend and Mesibo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based white-label video conferencing APIs are offered for app integration.
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| domain | founded_year | HQ Location |
LiveKit is recognized as a provider of real-time communication solutions.
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| domain | founded_year | HQ Location |
Video communication solutions are delivered via a SaaS platform.
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| domain | founded_year | HQ Location |
Real-time communication APIs are provided for multi-channel notifications.
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| domain | founded_year | HQ Location |
API and SDK for messaging and calling
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Frequently Asked Questions about Ably
Ably was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Ably is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Matthew O'Riordan is the current CEO of Ably. They have also founded this company.
Ably is a funded company, having raised a total of $78M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jun 04, 2019.
Ably was founded in 2016 in London, United Kingdom. Communication APIs are offered to enable realtime experiences within applications. Core services encompass publish-and-subscribe messaging, push notifications, and multi-protocol support. Integrations with various platforms are facilitated. Operations focus on the technology sector, specifically realtime data synchronization and messaging solutions for developers.
Ably has 6 investors. Key investors include Dawn Capital, Insight Partners, Molten Ventures, MMC Ventures, and Triple Point Ventures.