About algo.ai
algo.ai is a company based in San Francisco (United States) founded in 2015 by Evon Onusic and Aaron Rama was acquired by Meltwater in August 2017.. algo.ai has raised $35 million across 3 funding rounds from investors including Meltwater, Plymouth Growth and Vistara Growth. algo.ai offers products and services including Demand Planning, Demand Forecasting, Inventory Optimization, Sales and Operations Planning, and Price Planning. algo.ai operates in a competitive market with competitors including Anaplan, o9 Solutions, Kinaxis, Serus Corporation and Quintiq, among others.
- Headquarter San Francisco, United States
- Founders Evon Onusic, Aaron Rama
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Algomus, Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of algo.ai
algo.ai offers a comprehensive portfolio of products and services, including Demand Planning, Demand Forecasting, Inventory Optimization, Sales and Operations Planning, and Price Planning. 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.
Software for anticipating and aligning supply with customer demand.
Tools to predict trends using historical and real-time data.
System for allocating inventory to minimize stockouts and risks.
Platform for balancing supply, demand, and financial targets.
Tools for evaluating pricing impacts on revenue and margins.
Unlock access to complete
Unlock access to complete
Funding Insights of algo.ai
algo.ai has successfully raised a total of $35M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in January 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 B — $20.0M
-
First Round
First Round
(18 Feb 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series B - algo.ai | Valuation | Vistara Growth |
|
| Jul, 2021 | Amount | Series A - algo.ai | Valuation | Plymouth Growth |
|
| Feb, 2020 | Amount | Series A - algo.ai | Valuation | Integrity Growth Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in algo.ai
algo.ai has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Meltwater, Plymouth Growth and Vistara Growth. 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 |
|---|---|---|---|---|
|
Debt and equity solutions are provided to mid-to-late-stage technology companies.
|
Founded Year | Domain | Location | |
|
Growth stage tech & offline focused VC firm funding companies in the US
|
Founded Year | Domain | Location | |
|
Limited information is provided about Integrity Growth Partners.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by algo.ai
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - algo.ai
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Algo.Ai Comparisons
Competitors of algo.ai
algo.ai 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 Anaplan, o9 Solutions, Kinaxis, Serus Corporation and Quintiq, 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 |
Operational planning and forecasting solutions are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Provider of AI and cloud-based operational planning and analytics solutions for the supply chain
|
|
| domain | founded_year | HQ Location |
Cloud and AI-driven supply chain planning solutions are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based visibility solutions for supply chain and manufacturing are provided.
|
|
| domain | founded_year | HQ Location |
Supply chain planning software is offered for multiple industries.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Algo.Ai
Frequently Asked Questions about algo.ai
When was algo.ai founded?
algo.ai was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is algo.ai located?
algo.ai is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is algo.ai a funded company?
algo.ai is a funded company, having raised a total of $35M across 3 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Feb 18, 2020.
What does algo.ai do?
AI-powered data analytics platform that collects and processes data based on news searches. It allowed companies to monitor their media coverage. Its patented Velocity of Information engine analyzes rising trends from different real time data points across the web. It enables its customers to identify anomalies and also predict trends in topics relevant to them. It offered its solution as an API to enterprises. It also offered a news app for consumers to read automatically curated news items about specific topics, allowing Algo to generate insights about popular search terms.
Who are the top competitors of algo.ai?
algo.ai's top competitors include Anaplan, o9 Solutions and Kinaxis.
What products or services does algo.ai offer?
algo.ai offers Demand Planning, Demand Forecasting, Inventory Optimization, Sales and Operations Planning, and Price Planning.
Who are algo.ai's investors?
algo.ai has 5 investors. Key investors include Meltwater, Plymouth Growth, Vistara Growth, Integrity Growth Partners, and The K Fund.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.