About Adarga
Adarga is a company based in London (United Kingdom) founded in 2016 by Robert Bassett Cross. It operates as a AI-as-a-Service, and Managed Services. Adarga has raised $26.25 million across 2 funding rounds from investors including BOKA and Allectus Capital. The company has 95 employees as of January 31, 2022. Adarga offers products and services including Adarga Vantage and Intelligence-as-a-Service. Adarga operates in a competitive market with competitors including Elastic, Primer, Radius, Cohere and data.ai, among others.
- Headquarter London, United Kingdom
- Employees 95 as on 31 Jan, 2022
- Founders Robert Bassett Cross
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Sectors
TechnologyAerospace, Defense & Maritime
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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 Adarga Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.25 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
May 18, 2023
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Investors
BOKA
& 1 more
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Employee Count
95
as on Jan 31, 2022
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Products & Services of Adarga
Adarga offers a comprehensive portfolio of products and services, including Adarga Vantage and Intelligence-as-a-Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool used for research and analysis enhancement.
Service provided for intelligence extraction and data analysis.
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Funding Insights of Adarga
Adarga has successfully raised a total of $26.25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in May 2023. 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 2
- Last Round Series B — $20.0M
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First Round
First Round
(22 Jul 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series B - Adarga | Valuation | Boka |
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| Jul, 2019 | Amount | Series A - Adarga | Valuation | Allectus Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Adarga
Adarga has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include BOKA and Allectus Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early to late stage tech investments in Australia are targeted.
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Founded Year | Domain | Location | |
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Strategic investments are made by BOKA in dual-use technologies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adarga
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Adarga
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adarga Comparisons
Competitors of Adarga
Adarga 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 Elastic, Primer, Radius, Cohere and data.ai, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
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AI based text summarization and contextualization software tool
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Predictive marketing and sales platform
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Text data analytics platform powered by AI for enterprises.
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Market data is analyzed by AI to generate consumer insights.
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| domain | founded_year | HQ Location |
Cloud-based social media monitoring and analytics are offered for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adarga
Frequently Asked Questions about Adarga
When was Adarga founded?
Adarga was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Adarga located?
Adarga is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Adarga?
Robert Bassett Cross is the current CEO of Adarga. They have also founded this company.
Is Adarga a funded company?
Adarga is a funded company, having raised a total of $26.25M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.25M, raised on Jul 22, 2019.
How many employees does Adarga have?
As of Jan 31, 2022, the latest employee count at Adarga is 95.
What does Adarga do?
Adarga is focused on delivering AI-powered tools and services for intelligence analysis. The company operates in defense, national security, and commercial sectors, offering solutions like Adarga Vantage to process high-volume data. Information from in-house and open sources is distilled to provide actionable insights. Continuous monitoring and advanced summarization are utilized to support decision-making. Clients include government agencies and private corporations globally.
What products or services does Adarga offer?
Adarga offers Adarga Vantage and Intelligence-as-a-Service.
Who are Adarga's investors?
Adarga has 2 investors. Key investors include BOKA, and Allectus Capital.
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