About Affect Lab
Affect Lab is a company based in Bengaluru (India) by Ranjan Kumar, Lava Kumar, and Bharat Shekhawat. It operates as a SaaS and B2B. Affect Lab has raised $9.84 million across 5 funding rounds from investors including Bharat Fund, Parampara Capital and Alpha Wave Global. The company has 153 employees as of March 31, 2023. Affect Lab offers products and services including Affect Insights, Affect UX, and Affect API. Affect Lab operates in a competitive market with competitors including Realeyes, Waylens, ABEJA, Awiros and Unleash live, among others.
- Headquarter Bengaluru, India
- Employees 153 as on 31 Mar, 2023
- Founders Ranjan Kumar, Lava Kumar, Bharat Shekhawat
- Stage Minicorn
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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 Entropik Technologies Private Limited
- Date of Incorporation 01 Feb, 2016
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$5.7 M (USD)189.05as on Mar 31, 2023
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Net Profit
-$3.27 M (USD)-53.7as on Mar 31, 2023
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EBITDA
-$2.7 M (USD)-38.09as on Mar 31, 2023
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Total Equity Funding
$9.84 M (USD)
in 5 rounds
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Latest Funding Round
$663.92 K (USD), Series B
Dec 23, 2022
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Investors
Bharat Fund
& 7 more
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Employee Count
153
as on Mar 31, 2023
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Products & Services of Affect Lab
Affect Lab offers a comprehensive portfolio of products and services, including Affect Insights, Affect UX, and Affect API.
Platform for tech-driven consumer behavior and emotional analysis
Tool to measure user attention and engagement in digital interfaces
APIs for facial coding and emotion recognition in applications
Funding Insights of Affect Lab
Affect Lab has successfully raised a total of $9.84M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $663.92 thousand completed in December 2022. 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 5
- Last Round Series B — $663,916
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First Round
First Round
(23 Mar 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2022 | Amount | Series B - Affect Lab | Valuation | Bharat Innovation Fund |
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| Aug, 2020 | Amount | Series A - Affect Lab | Valuation | Alpha Wave Global | |
| Aug, 2018 | Amount | Seed - Affect Lab | Valuation | Bharat Innovation Fund |
Investors in Affect Lab
Affect Lab has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bharat Fund, Parampara Capital and Alpha Wave Global.
| Investor | Description | Founded Year | Domain | Location |
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Funding for IP-driven deep-tech and digitization-led inclusive solutions.
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Founded Year | Domain | Location | |
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Venture capital firm focused on growth-stage companies
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Founded Year | Domain | Location | |
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Venture capital firm focused on healthcare, consumer, and multiple sectors
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Founded Year | Domain | Location |
Investments & Acquisitions by Affect Lab
Financial Statements - Affect Lab
Affect Lab Comparisons
Competitors of Affect Lab
Affect Lab 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 Realeyes, Waylens, ABEJA, Awiros and Unleash live, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-powered attention measurement and identity verification solutions are provided.
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| domain | founded_year | HQ Location |
AI and cloud-enabled video-security solutions are offered for fleet monitoring.
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| domain | founded_year | HQ Location |
AI platform is developed for data analysis and business transformation.
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| domain | founded_year | HQ Location |
Real-time video analytics solutions are provided via AI platform.
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| domain | founded_year | HQ Location |
AI based platform offering image and video analytics solutions
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| domain | founded_year | HQ Location |
AI video analytics are applied for content discovery and personalization.
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Latest news on Affect Lab
Frequently Asked Questions about Affect Lab
Affect Lab is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ranjan Kumar is the current CEO of Affect Lab. They have also founded this company.
Affect Lab is a funded company, having raised a total of $9.84M across 5 funding rounds to date. The company's 1st funding round was a Seed of $963.62K, raised on Mar 23, 2016.
As of Mar 31, 2023, the latest employee count at Affect Lab is 153.
Annual revenue of Affect Lab is $5.7M as on Mar 31, 2023.
Affect Lab is an Emotion AI platform that utilizes facial coding, eye tracking, and brainwave mapping to deliver consumer behavior insights. It helps brands optimize marketing strategies, test digital touchpoints, and enhance user experiences. Operating globally with a focus on technology compliance, it serves Fortune 500 companies across media, publishing, and consumer sectors. The platform enables quick, cost-efficient data gathering from a vast respondent panel for actionable decisions.
Affect Lab's top competitors include ABEJA, Unleash live and Waylens.
Affect Lab offers Affect Insights, Affect UX, and Affect API.
Affect Lab has 8 investors. Key investors include Bharat Fund, Parampara Capital, Alpha Wave Global, EIV Growth One, and Jitendra Gupta.
The valuation of Affect Lab is $49.25M as of Dec 2022.