About Algorithmia
Algorithmia is a Technology company based in Seattle (United States) founded in 2012, and was acquired by DataRobot in July 2021. A marketplace for machine learning algorithms is operated by Algorithmia. Algorithmia has raised $38.83 million across 6 funding rounds from investors including DataRobot, Norwest Venture Partners and Madrona. Algorithmia offers products and services including AI Platform, Enterprise AI Suite, Agentic AI Apps, Generative AI, and Predictive AI. Its focus areas include Enterprise Infrastructure, Application Development Tools, Code Development and Low Code Development Platforms. Its legal entity is DataRobot, Inc. Its competitors include Yurts, Predibase and VectorShift; 3 of its 3 listed competitors have raised funding.
Company details
Algorithmia is a market place for Machine Learning algorithms. Most of these algorithms listed in algorithmia help developers integrate Natural Language Processing, Image Classification, Face Detection into their applications. Algorithmia also hosts some of these algorithms on their platform. The pricing is determined in Algorithmia credits. The number of credits charged depends on the number of API calls cost per call the mount of compute time. Each user on the market place begins with 10,000 credits on the platform and can access any of the algorithms listed on the site
- Headquarters Seattle, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website algorithmia.com
- Social LinkedIn X Facebook
- Acquired by DataRobot (Jul 2021)
- Legal Name Datarobot, Inc
Products & Services of Algorithmia
Algorithmia offers a comprehensive portfolio of products and services, including AI Platform, Enterprise AI Suite, Agentic AI Apps, Generative AI, and Predictive AI.
Platform for building and deploying AI models at scale.
Suite for governing and observing AI applications securely.
Apps that integrate AI into core business processes.
Tools for creating and managing generative AI solutions.
Solutions for predictive modeling and forecasting.
Funding Insights of Algorithmia
Algorithmia has successfully raised a total of $38.83M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in May 2019. 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 $38.83M
- Total Rounds 6
- Last Round Series B — $25M
- First Round $95,000
(Jul 2014)
- Investors Count 12
All 6 funding rounds of Algorithmia with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2019 | $25M | Series B | – | Norwest Venture Partners | |
| Oct 2018 | Series A | – | Microsoft Accelerator | – | |
| Jun 2017 | $11.15M | Series A | – | Madrona Venture Group, Work-Bench | |
| Jul 2016 | Series A | – | In-Q-Tel | – | |
| Aug 2014 | $2.58M | Seed | – | Madrona Venture Group | |
| Jul 2014 | $95,000 | Seed | – | – | – |
13 investors in total: 10 institutional and 3 angel.
Investors in Algorithmia
Algorithmia has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include DataRobot, Norwest Venture Partners and Madrona.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors. | 1961 | nvp.com | Menlo Park, United States | |
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | madrona.com | |||
Venture capital arm of Alphabet Inc. investing in AI | gradient.com | Mountain View, United States | ||
Early-stage US tech startups are invested in by Work-Bench. | work-bench.com | New York, United States | ||
Early- to growth-stage startups are targeted for venture capital investments. | oup.vc | Bala Cynwyd, United States | ||
Venture capital firm focused on technology, fintech, e-commerce, mobility platforms, and multiple sectors | capital.rakuten.com | Setagaya City, Japan | ||
Enterprise startups are accelerated through Microsoft's global mentoring program. | microsoftaccelerator.com | Paris, France | ||
Venture capital firm | iqt.org | Washington, Dc, United States | ||
VC firm making investment in early stage tech companies globally | deepforkcapital.com | Menlo Park, United States | ||
Provider of an AI and cloud based data science platform | 2012 | datarobot.com | Boston, United States |
Investor details for Algorithmia
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Algorithmia
129 people are tracked at Algorithmia (44 in leadership, 6 in board & advisors, 79 in team).
| Name | Role | Group |
|---|---|---|
Manish Harsh | Sr Vice President -gtm, Agentic AI And Accelerated Platforms | Leadership |
Jeremy Bloom | Senior Director, People Operations | Leadership |
Nelson P. Sousa | Director, Senior Human Resources Business Partner | Leadership |
Venky Veeraraghavan | Chief Product Officer | Leadership |
Jay Schuren | Chief Revenue Officer (cro) | Leadership |
Ramyanshu Datta | Vice President Of Product Management, AI | Leadership |
Brian Brown | Chief Financial And Legal Officer | Leadership |
Chad Cisco | Chief Customer Officer | Leadership |
Sumit Bhansali | Vp, Sales Strategy, Ops And Enablement | Leadership |
Debanjan Saha | CEO | Leadership |
Lisa Richardson-Aguilar | Vice President Product Marketing, And Industry Ctos | Leadership |
Thomas Hill | Director, Revenue Accounting | Leadership |
Jen Davies | Director Of Technical Content | Leadership |
Michael Downey | Director, Total Rewards | Leadership |
Andy Lofgreen | Area Vice President, Data Science Practice | Leadership |
Robert Frye | Tax Director | Leadership |
Dustin Boehlke | Sr Director Of Product - Growth | Leadership |
Kunie Takizawa | Executive Vice President, Marketing And People At Datarobot Japan | Leadership |
Mathias Andersson | Senior Director, Strategy & Operations, OCEO | Leadership |
Jeremy Pernicek | Director Of Data Science | Leadership |
109 more people are available in the full profile.
Complete people profiles for Algorithmia
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Algorithmia
4 dated milestones of Algorithmia across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Algorithmia is founded.
- Funding First funding round of $95K.
- Funding Latest funding round, Series B, of $25.0M.
- Exit Acquired by DataRobot.
Competitors of Algorithmia
Algorithmia has 3 listed competitors in our database, 3 of them funded. They include Yurts, Predibase and VectorShift.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yurts.ai | 2022 | San Francisco, United States | $58.36M | Developer of AI-based multiple task management platforms | ||
| predibase.com | 2020 | San Francisco, United States | $12.2M | Provider of a low-code and cloud-based AI application development platform | ||
| vectorshift.ai | 2023 | San Francisco, United States | $3.5M | No-code platform for building and deploying custom generative AI workflows |
Detailed competitors of Algorithmia
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Algorithmia
Websites that share an audience with Algorithmia (algorithmia.com).
Websites whose visitors overlap most with Algorithmia. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dailybooth.com | 100% | View details | |||
search.nifty.com | search.nifty.com | 100% | – | ||
| tineye.com | 100% | 680.7K | #9,721 | View details | |
| similarsitesearch.com | 100% | #552,631 | View details |
Top companies in Application Development Tools
3 companies that operate in the same segment as Algorithmia (Application Development Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI tools and assistants to augment human capabilities | 2022 | San Francisco, California, United States | USD 3.38 B | 1,423 | ||
Cloud based version control and source code management platform | 2008 | San Francisco, California, United States | USD 351 M | 6,946 | ||
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | 205 |
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Related news about Algorithmia
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Frequently Asked Questions about Algorithmia
Algorithmia was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Algorithmia is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Algorithmia is a funded company, having raised a total of $38.83M across 6 funding rounds to date. The company's 1st funding round was a Seed of $95K, raised on Jul 2014.
Algorithmia is a market place for Machine Learning algorithms. Most of these algorithms listed in algorithmia help developers integrate Natural Language Processing, Image Classification, Face Detection into their applications. Algorithmia also hosts some of these algorithms on their platform. The pricing is determined in Algorithmia credits. The number of credits charged depends on the number of API calls cost per call the mount of compute time. Each user on the market place begins with 10,000 credits on the platform and can access any of the algorithms listed on the site.
Algorithmia's top competitors include Predibase, Yurts and VectorShift.
Algorithmia offers AI Platform, Enterprise AI Suite, Agentic AI Apps, Generative AI, and Predictive AI.
Algorithmia has 13 investors. Key investors include DataRobot, Norwest Venture Partners, Madrona, Gradient Ventures, and Work-Bench.
Algorithmia operates through Datarobot, Inc.
Yes. Algorithmia was acquired by DataRobot in July 2021.