Allyke

Boston, United States Founded: 2015 • Age: 11 yrs Acquired By Slyce
High-speed visual search is integrated into e-commerce platforms.
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About Allyke

Allyke is a company based in Boston (United States) founded in 2015 by Neal Checka was acquired by Slyce in February 2019.. Allyke has raised $2.63 million across 3 funding rounds from investors including Slyce. Allyke operates in a competitive market with competitors including Syte, ViSenze, JustVisual, nyris and CamFind, among others.

  • Headquarter Boston, United States
  • Founders Neal Checka
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.63 M (USD)

    in 3 rounds

  • Latest Funding Round
    $150 K (USD), Seed

    Mar 15, 2017

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Slyce

    (Feb 06, 2019)

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Funding Insights of Allyke

Allyke has successfully raised a total of $2.63M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in March 2017. 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 Rounds 3
  • Last Round Seed — $150,000
  • First Round

    (02 Dec 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2017 Amount Seed - Allyke Valuation

investors

Apr, 2016 Amount Seed - Allyke Valuation

investors

Dec, 2015 Amount Seed - Allyke Valuation

investors

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 Allyke

Allyke has secured backing from 1 investor. Prominent investors backing the company include Slyce. 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.

All
Investor Description Founded Year Domain Location
Visual search technology is integrated into mobile shopping platforms.
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 Allyke

Investments
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 - Allyke

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Allyke Comparisons

Employees
+
Add Comparison
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Competitors of Allyke

Allyke 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 Syte, ViSenze, JustVisual, nyris and CamFind, 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
Visual search platform for e-commerce is provided using image recognition.
domain founded_year HQ Location
AI-based visual search and recognition tools are provided for e-tailers.
domain founded_year HQ Location
Provides advanced visual search and image recognition API solutions for businesses.
domain founded_year HQ Location
AI-based software for object and image recognition is provided.
domain founded_year HQ Location
Provider of an image recognition-based mobile visual search engine
domain founded_year HQ Location
Visual recognition technology for MRO parts identification is offered.
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 Allyke

Frequently Asked Questions about Allyke

When was Allyke founded?

Allyke was founded in 2015.

Where is Allyke located?

Allyke is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Allyke a funded company?

Allyke is a funded company, having raised a total of $2.63M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.18M, raised on Dec 02, 2015.

What does Allyke do?

Founded in 2015 in Boston, United States, Allyke operates in the visual search sector for e-retail. High-speed visual search is combined with decision science to support instant result displays in online stores. Capabilities include photo uploads, URL searches, and image hovers by shoppers, yielding exact and similar product matches. Development is led by MIT scientists, with Neal Checka serving as co-founder and CTO.

Who are the top competitors of Allyke?

Allyke's top competitors include nyris, Syte and ViSenze.

Who are Allyke's investors?

Allyke has 1 investor. Key investors include Slyce.

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