About Automat
Automat is a company based in Montreal (Canada) founded in 2015 by Henri Bouvier, Erdem Ozcan, and Andy Mauro was acquired by Salesfloor in June 2021.. Automat has raised $8.3 million across 3 funding rounds from investors including Slack, USAA and Brandtech Group. The company has 10 employees as of December 31, 2024. Automat offers products and services including Maestro AI, Virtual Shopping, and Clienteling. Automat operates in a competitive market with competitors including Gupshup, LivePerson, Drift, [24]7.ai and Qualified, among others.
- Headquarter Montreal, Canada
- Employees 10 as on 31 Dec, 2024
- Founders Henri Bouvier, Erdem Ozcan, Andy Mauro
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.3 M (USD)
in 3 rounds
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Latest Funding Round
$8.3 M (USD), Series A
Jun 08, 2017
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Investors
Slack
& 9 more
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Employee Count
10
as on Dec 31, 2024
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Acquired by
Salesfloor
(Jun 01, 2021)
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Products & Services of Automat
Automat offers a comprehensive portfolio of products and services, including Maestro AI, Virtual Shopping, and Clienteling. 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.
Enables autonomous retail conversations and personalized shopping experiences
Facilitates visual product discovery and browsing for customers
Provides tools for retail client interactions and sales support
Funding Insights of Automat
Automat has successfully raised a total of $8.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8.3 million completed in June 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 Funding
- Total Rounds 3
- Last Round Series A — $8.3M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series A - Automat | Valuation | Brandtech Group | |
| Jul, 2016 | Amount | Seed - Automat | Valuation |
investors |
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| Dec, 2015 | Amount | Seed - Automat | Valuation |
investors |
| 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 Automat
Automat has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Slack, USAA and Brandtech Group. 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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Comcast Ventures is focused on investing in technology startups.
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Founded Year | Domain | Location | |
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A venture capital fund focused on technology-driven entrepreneurs is operated.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Relay 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 Automat
| 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 - Automat
| 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 |
Automat Comparisons
Competitors of Automat
Automat 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 Gupshup, LivePerson, Drift, [24]7.ai and Qualified, 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 |
Tools for customer engagement across multiple channels are provided.
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| domain | founded_year | HQ Location |
Conversational AI platform is provided for digital customer experiences.
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| domain | founded_year | HQ Location |
Solutions for energy trading and tracking are provided by Drift.
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| domain | founded_year | HQ Location |
AI-powered platforms and services for customer experience management are provided.
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| domain | founded_year | HQ Location |
AI-driven marketing solutions are provided for pipeline generation.
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| domain | founded_year | HQ Location |
Lead generation is enabled via chatbots for real estate agents.
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![[24]7.ai logo](https://img.thecompanycheck.com/b/247_logo.webp){kind=logo}
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Automat
Frequently Asked Questions about Automat
When was Automat founded?
Automat was founded in 2015.
Where is Automat located?
Automat is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of Automat?
Andy Mauro is the current CEO of Automat. They have also founded this company.
Is Automat a funded company?
Automat is a funded company, having raised a total of $8.3M across 3 funding rounds to date.
How many employees does Automat have?
As of Dec 31, 2024, the latest employee count at Automat is 10.
What does Automat do?
Automat was founded in 2015 in Montreal, Canada, as an AI-based platform focused on sales automation within the retail sector. Solutions are offered to manage sales funnels through conversational bots built using design tools, language processing, and human-in-the-loop machine learning. Bots can be created to represent businesses, events, or portfolios, supporting operational efficiency in customer interactions.
Who are the top competitors of Automat?
Automat's top competitors include LivePerson, Gupshup and Qualified.
What products or services does Automat offer?
Automat offers Maestro AI, Virtual Shopping, and Clienteling.
Who are Automat's investors?
Automat has 10 investors. Key investors include Slack, USAA, Brandtech Group, Salesfloor, and Comcast Ventures.