About Ada
Ada is a company based in Toronto (Canada) founded in 2016 by David Hariri. Ada has raised $190.17 million across 7 funding rounds from investors including Bessemer Venture Partners, Accel and FirstMark. Ada operates in a competitive market with competitors including Dialpad, Freshworks, Twilio, Sprinklr and Observe.AI, among others.
- Headquarter Toronto, Canada
- Founders David Hariri
- Stage Unicorn
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Ada Support Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$190.17 M (USD)
in 7 rounds
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Latest Funding Round
$1.75 M (USD), Grant
Mar 04, 2025
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Investors
Bessemer Venture Partners
& 11 more
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Employee Count
Not available
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People of Ada
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Software Development Team
38 people
Leadership Team
10 people
Product Management Team
9 people
Senior Team
6 people
Sales and Marketing
5 people
Creative and Marketing Team
4 people
Finance and Accounting
4 people
Staff Team
3 people
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Funding Insights of Ada
Ada has successfully raised a total of $190.17M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $1.75 million completed in March 2025. 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.
Investors in Ada
Ada has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Accel and FirstMark.
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Investments are made in pre-seed tech startups by Ramen Ventures.
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Spark Capital is engaged in venture capital investments.
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Venture and private equity investments are managed with global diversification.
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Investor details for Ada
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Investments & Acquisitions by Ada
Investment portfolio details for Ada
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Financial Statements - Ada
Detailed financials for Ada
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Ada Comparisons
Peer comparison for Ada
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Competitors of Ada
Ada 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 Dialpad, Freshworks, Twilio, Sprinklr and Observe.AI, among others.
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Cloud-based unified communication solutions including voice and video are provided.
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Cloud-based business process management suite solutions are delivered.
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Cloud-based omnichannel communication and customer engagement platform is utilized.
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Cloud-based customer experience management software is provided for brands.
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AI-powered conversation intelligence and automation are provided for contact centers.
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Tools for customer engagement across multiple channels are provided.
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Detailed competitors of Ada
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Latest news on Ada
Complete news archive for Ada
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Frequently Asked Questions about Ada
Ada was founded in 2016.
Ada is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Ada is a funded company, having raised a total of $190.17M across 7 funding rounds to date.
Ada was founded in 2016 in Toronto, Canada, and operates as a provider of AI-driven chatbots in the customer service sector. A no-code, cloud-based platform is offered to automate customer engagement, incorporating analytics, API integration, authentication, and conditional logic features. Applications span industries such as travel, e-commerce, fintech, telecom, retail, banking, and insurance.
Ada's top competitors include Twilio, Freshworks and Dialpad.
Ada has 12 investors. Key investors include Bessemer Venture Partners, Accel, FirstMark, Ramen Ventures, and Spark Capital.
The valuation of Ada is $1.2B as of May 2021.