About Akia
Akia is a company based in San Francisco (United States) founded in 2018 by Evan Chen.. Akia has raised $12 million across 3 funding rounds from investors including Altos Ventures Management and GSR Ventures. Akia offers products and services including Digital Check-In, Cashless Tipping, Pre-Arrival Upsells, Reputation Management, and Platform Messaging. Akia operates in a competitive market with competitors including Duve, DACK, Virdee, MyCheck and Voyat, among others.
- Headquarter San Francisco, United States
- Founders Evan Chen
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Akia
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series A
Sep 09, 2024
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Investors
Altos Ventures Management
& 1 more
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Employee Count
Employee Count
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Products & Services of Akia
Akia offers a comprehensive portfolio of products and services, including Digital Check-In, Cashless Tipping, Pre-Arrival Upsells, Reputation Management, and Platform Messaging. 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.
Streamlines hotel registration and reduces wait times.
Enables electronic tipping to motivate hotel staff.
Automates personalized upgrades for hotel guests.
Captures reviews and handles unhappy guests efficiently.
Automates guest interactions via messaging systems.
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Funding Insights of Akia
Akia has successfully raised a total of $12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in September 2024. 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 A — $5.0M
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First Round
First Round
(16 Jun 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Akia | Valuation |
investors |
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| Feb, 2023 | Amount | Series A - Akia | Valuation | Altos Ventures Management | |
| Jun, 2020 | Amount | Seed - Akia | Valuation | GSR Ventures |
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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 Akia
Akia has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Altos Ventures Management and GSR Ventures. 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-stage companies are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Investments in early-stage technology companies are made by GSR Ventures.
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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 Akia
| 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 - Akia
| 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 |
Akia Comparisons
Competitors of Akia
Akia 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 Duve, DACK, Virdee, MyCheck and Voyat, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hospitality guest experience platform with operational tools is provided.
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| domain | founded_year | HQ Location |
Offers guest experience management platform
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| domain | founded_year | HQ Location |
Offers SaaS-enabled solutions for end-to-end guest engagement
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| domain | founded_year | HQ Location |
Provider of digital solutions for the hospitality industry
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| domain | founded_year | HQ Location |
Guest engagement solutions are delivered via a specialized platform.
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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 Akia
Frequently Asked Questions about Akia
When was Akia founded?
Akia was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Akia located?
Akia is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Akia?
Evan Chen is the current CEO of Akia. They have also founded this company.
Is Akia a funded company?
Akia is a funded company, having raised a total of $12M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jun 16, 2020.
What does Akia do?
Akia was founded in 2018 and is based in San Francisco, United States. A guest messaging platform is offered within the hospitality technology sector. Text messaging tools are provided to support contactless communication, scheduled messaging, hotel reputation management, and automated replies. Operations focus on enhancing guest interactions through these services.
What products or services does Akia offer?
Akia offers Digital Check-In, Cashless Tipping, Pre-Arrival Upsells, Reputation Management, and Platform Messaging.
Who are Akia's investors?
Akia has 2 investors. Key investors include Altos Ventures Management, and GSR Ventures.
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