About Algonox
Algonox is a company based in Piscataway (United States) founded in 2017 by Niraj Kothari, Varun Kancharla, Vijay Kumar Kundrapu, and Anil Guduru. Algonox has raised $1.79 million across 4 funding rounds from investors including Inspira Enterprise, Yenka Roopa and Karunakar Reddy Challa. The company has 61 employees as of April 08, 2024. Algonox operates in a competitive market with competitors including UiPath, Box, Talend, M-Files and Cleo, among others.
- Headquarter Piscataway, United States
- Employees 61 as on 08 Apr, 2024
- Founders Niraj Kothari, Varun Kancharla, Vijay Kumar Kundrapu, Anil Guduru
- 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 Algonox Technologies Private Limited
- Date of Incorporation 08 Sep, 2015
- Jurisdiction Rangareddy, Telangana, India
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Annual Revenue
$945.46 K (USD)-29.14as on Mar 31, 2023
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Net Profit
-$164.37 K (USD)-138.48as on Mar 31, 2023
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EBITDA
-$79.32 K (USD)-403.2as on Mar 31, 2023
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Total Equity Funding
$1.79 M (USD)
in 4 rounds
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Latest Funding Round
$106.02 K (USD), Seed
Jul 28, 2020
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Investors
Inspira Enterprise
& 23 more
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Employee Count
61
as on Apr 08, 2024
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People of Algonox
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Funding Insights of Algonox
Algonox has successfully raised a total of $1.79M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $106.02 thousand completed in July 2020. 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 Algonox
Algonox has secured backing from 24 investors, including angel and institutional investors. Prominent investors backing the company include Inspira Enterprise, Yenka Roopa and Karunakar Reddy Challa.
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Cybersecurity data analytics and AI consulting services are provided.
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Yenka Roopa |
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Karunakar Reddy Challa |
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Investor details for Algonox
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Investments & Acquisitions by Algonox
Investment portfolio details for Algonox
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Financial Statements - Algonox
Detailed financials for Algonox
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Algonox Comparisons
Peer comparison for Algonox
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Competitors of Algonox
Algonox 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 UiPath, Box, Talend, M-Files and Cleo, among others.
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Cloud-based robotic process automation software is developed and provided.
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AI-based platform for secure collaboration and content management is utilized.
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Data management platform for integration, quality, and governance is provided.
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Documents are managed and automated for enterprise knowledge work.
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Cleo is recognized for providing supply chain integration solutions.
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Provider of data integration, application modernization, and digital transformation solutions
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Detailed competitors of Algonox
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Latest news on Algonox
Complete news archive for Algonox
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Frequently Asked Questions about Algonox
Algonox was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Algonox is headquartered in Piscataway, United States. It is registered at Piscataway, New Jersey, United States.
Anil Guduru is the current CEO of Algonox. They have also founded this company.
Algonox is a funded company, having raised a total of $1.79M across 4 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Algonox is 61.
Annual revenue of Algonox is $945.46K as on Mar 31, 2023.
Algonox was founded in 2017 and is based in Piscataway, United States. A low-code enterprise AI platform is utilized to deliver ML-powered RPA solutions. Automation of processes is enabled across diverse data sources such as email, FTP servers, RDBMS, APIs, and RPA bots. Workflow tools are incorporated for document categorization, case prioritization, reminders management, data extraction, ingestion, scheduling, and oversight. Operations serve sectors including banking, finance, pharmaceuticals, and media.
Algonox has 24 investors. Key investors include Inspira Enterprise, Yenka Roopa, Karunakar Reddy Challa, Sudhireddy Suresh Reddy, and Sandeep Singh Thakur.
The valuation of Algonox is $5.07M as of Jul 2020.