Avaamo

Los Altos, United States Founded: 2014 • Age: 12 yrs
Conversational AI platform for enterprises is provided by Avaamo.
Annual revenue $3.2M Latest available
Total funding $22.6M 5 rounds
Employees 111 Tracked headcount
Investors 11 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Avaamo

Avaamo is a company based in Los Altos (United States) founded in 2014 by Sriram Chakravarthy and Ram Menon. Avaamo has raised $22.57 million across 5 funding rounds from investors including Ericsson, Wipro and WI Harper Group. The company has 111 employees as of April 08, 2024. Avaamo offers products and services including Contact Center AI, Healthcare Agents, and Workplace Agents. Avaamo operates in a competitive market with competitors including Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, among others.

  • Headquarter Los Altos, United States
  • Employees 111 as on 08 Apr, 2024
  • Founders Sriram Chakravarthy, Ram Menon
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Avaamo Technologies Private Limited
  • Date of Incorporation 25 Jun, 2014
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.18 M (USD)
    20.06
    as on Mar 31, 2023
  • Net Profit
    $367.1 K (USD)
    3.18
    as on Mar 31, 2023
  • EBITDA
    $549.46 K (USD)
    3.94
    as on Mar 31, 2023
  • Total Equity Funding
    $22.57 M (USD)

    in 5 rounds

  • Latest Funding Round
    $7 M (USD), Debt – Conventional

    Aug 02, 2021

  • Investors
    Ericsson

    & 10 more

  • Employee Count
    111

    as on Apr 08, 2024

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Products & Services of Avaamo

Avaamo offers a comprehensive portfolio of products and services, including Contact Center AI, Healthcare Agents, and Workplace Agents.

Product name locked
Category locked
Primary

Automates inbound and outbound calls for enterprises.

Product name locked
Category locked
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Facilitates patient engagement and query resolution.

Product name locked
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Supports employee interactions and task automation.

People of Avaamo

Headcount 50-200
Employee Profiles 54
Employee Profiles
People
Komal Jhanwar
Senior Finance Executive
People
Sriram Chakravarthy
Co-Founder & CTO
People
Madhav Vodnala
VP, Engineering
People
Sal Larosa
CFO

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Funding Insights of Avaamo

Avaamo has successfully raised a total of $22.57M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $7 million completed in August 2021. 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 Avaamo

Avaamo has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Ericsson, Wipro and WI Harper Group.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm backed by Mahindra group
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VC firm that does investment in early stage companies in the US & China
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Investment in technology startups focusing on compute, AI, and related innovations.
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Investor details for Avaamo

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Investments & Acquisitions by Avaamo

Investments
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Investment portfolio details for Avaamo

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Financial Statements - Avaamo

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Detailed financials for Avaamo

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Avaamo Comparisons

Avaamo Primary company
Description
Conversational AI platform for enterprises is provided by Av...
Location
Los Altos, United States
Founded Year
2014
Annual Revenue
$3.18 M (USD)
Net Profit
$367.1 K (USD)
EBITDA
$549.46 K (USD)
Employees
111
As of 2024
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Peer comparison for Avaamo

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Competitors of Avaamo

Avaamo 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 Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based omnichannel communication and customer engagement platform is utilized.
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Cloud-based business process management suite solutions are delivered.
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Cloud-based unified communication solutions including voice and video are provided.
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Cloud-based customer experience management software is provided for brands.
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Tools for customer engagement across multiple channels are provided.
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Conversational AI platform is provided for digital customer experiences.
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Detailed competitors of Avaamo

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Latest news on Avaamo

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Complete news archive for Avaamo

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Frequently Asked Questions about Avaamo

Avaamo was founded in 2014.

Avaamo is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.

Ram Menon is the current CEO of Avaamo. They have also founded this company.

Avaamo is a funded company, having raised a total of $22.57M across 5 funding rounds to date.

As of Apr 08, 2024, the latest employee count at Avaamo is 111.

Annual revenue of Avaamo is $3.18M as on Mar 31, 2023.

Avaamo was founded in 2014 and is based in Los Altos, United States. A platform for conversational AI is offered to enterprises, supporting the design and deployment of omnichannel intelligent assistants. Applications span sectors such as banking, insurance, telecommunications, retail, manufacturing, and healthcare. Multi-turn responses to complex, domain-specific customer queries are automated using training data.

Avaamo's top competitors include Twilio, Freshworks and Dialpad.

Avaamo offers Contact Center AI, Healthcare Agents, and Workplace Agents.

Avaamo has 11 investors. Key investors include Ericsson, Wipro, WI Harper Group, Liquidity, and Mahindra Partners.

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