About Ava
Ava is a company based in Berkeley (United States) founded in 2014. It operates as a AI-as-a-Service, and Subscription Services. Ava has raised $16.18 million across 5 funding rounds from investors including Khosla Ventures, Partech Partners and Lerer Hippeau. The company has 20 employees as of December 31, 2022. Ava offers products and services including AI Live Captions, Scribe Captions, Scribe Transcripts, and ASL Interpretation. Ava operates in a competitive market with competitors including Voiceitt, Sorenson, hearX Group, Hand Talk and RogerVoice, among others.
- Headquarter Berkeley, United States
- Employees 20 as on 31 Dec, 2022
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Transcense, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.18 M (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Series A
May 06, 2022
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Investors
Khosla Ventures
& 15 more
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Employee Count
20
as on Dec 31, 2022
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Products & Services of Ava
Ava offers a comprehensive portfolio of products and services, including AI Live Captions, Scribe Captions, Scribe Transcripts, and ASL Interpretation. 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.
Live captions are provided for deaf individuals.
ADA-compliant captions are offered with high accuracy.
Professional transcripts are created for digital media.
Instant sign language services are made available.
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Funding Insights of Ava
Ava has successfully raised a total of $16.18M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in May 2022. 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 5
- Last Round Series A — $10.0M
- First Round First Round
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - Ava | Valuation | Khosla Ventures | |
| Dec, 2020 | Amount | Seed - Ava | Valuation | Initialized Capital , Khosla Ventures | |
| Nov, 2016 | Amount | Seed - Ava | Valuation | SV Angel , Crosslink Capital |
| 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 Ava
Ava has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Khosla Ventures, Partech Partners and Lerer Hippeau. 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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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Seed and early-stage technology investments are managed by the firm.
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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
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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 Ava
| 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 - Ava
| 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 |
Ava Comparisons
Competitors of Ava
Ava 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 Voiceitt, Sorenson, hearX Group, Hand Talk and RogerVoice, 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 |
Virtual assistant tool for speech disabilities is developed and offered.
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| domain | founded_year | HQ Location |
Communication services for deaf and hard-of-hearing individuals are provided.
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| domain | founded_year | HQ Location |
Provider of AI & cloud-based smart hearing test and self-screening solutions
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| domain | founded_year | HQ Location |
Provider of software for virtual sign-language interpreter
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| domain | founded_year | HQ Location |
Call assistance for individuals suffering from speech and hearing impairment
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Ava
Frequently Asked Questions about Ava
When was Ava founded?
Ava was founded in 2014.
Where is Ava located?
Ava is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Is Ava a funded company?
Ava is a funded company, having raised a total of $16.18M across 5 funding rounds to date.
How many employees does Ava have?
As of Dec 31, 2022, the latest employee count at Ava is 20.
What does Ava do?
Ava is dedicated to breaking communication barriers for deaf and hard-of-hearing individuals. Accessibility solutions are provided through AI-driven live captions, ADA-compliant scribe captions, professional transcripts, and instant ASL interpretation. Services are tailored for various sectors including education, healthcare, office environments, retail, and live events. Innovative features like speaker identification, text-to-speech, and video call integration are offered to enhance user experience. The mission is to ensure total accessibility in both personal and professional settings by delivering adaptable and inclusive tools.
Who are the top competitors of Ava?
Ava's top competitors include Sorenson, hearX Group and Hand Talk.
What products or services does Ava offer?
Ava offers AI Live Captions, Scribe Captions, Scribe Transcripts, and ASL Interpretation.
Who are Ava's investors?
Ava has 16 investors. Key investors include Khosla Ventures, Partech Partners, Lerer Hippeau, FJ Labs, and Initialized Capital.
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