Avaamo

Los Altos, United States Founded: 2014 • Age: 12 yrs
Conversational AI platform for enterprises is provided by Avaamo.

About Avaamo

Avaamo is a Technology company based in Los Altos (United States) founded in 2014 by Sriram Chakravarthy and Ram Menon. Conversational AI platform for enterprises is provided by Avaamo. Avaamo has raised $22.57 million across 5 funding rounds from investors including Ericsson, Wipro and WI Harper Group. The company has 111 employees. Its chief executive, as recorded, is Ram Menon. Its Indian entity Avaamo Technologies Private Limited reported revenue of ₹26.44 Cr. Avaamo offers products and services including Contact Center AI, Healthcare Agents, and Workplace Agents. Its focus areas include Enterprise Applications, Customer Service Software, Customer Self Service and Conversational AI Platforms. Its competitors include Twilio, Freshworks and Dialpad; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Los Altos, United States
  • Employees 111
  • Founders Sriram Chakravarthy, Ram Menon
  • Sectors
    Technology
  • Email
    ••••••••
  • Website avaamo.ai
  • Social LinkedIn X YouTube
  • Legal Name Avaamo Technologies Private Limited
  • Date of Incorporation 25 Jun, 2014
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹26.44 Cr

    FY 2023 · +20% YoY

  • Indian entity net profit
    ₹3.05 Cr

    FY 2023 · 12% margin

  • Indian entity EBITDA
    ₹4.57 Cr

    FY 2023 · 17% margin

  • Total Equity Funding
    $22.57M (USD)

    in 5 rounds

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

    Aug 2021

  • Investors
    Ericsson

    & 10 more

  • Employee Count
    111

Products & Services of Avaamo

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

Contact Center AI
AI Platform

Automates inbound and outbound calls for enterprises.

Healthcare Agents
AI Agents

Facilitates patient engagement and query resolution.

Workplace Agents
AI Tools

Supports employee interactions and task automation.

Apps and channels of Avaamo

its YouTube channel Avaamo has 361 subscribers and 30 videos.

Avaamo
YouTube 361 subscribers 30 videos Autos & Vehicles
Open channel

Videos from Avaamo

The most watched videos on Avaamo's YouTube channel, Avaamo (361 subscribers). Click a video to play it here.

How to Build Effective Conversational AI Applications (1)
5.1K views
How to Build Effective Conversational AI Applications (2)
1.4K views
Introducing "AvaamoHR" - a ready-to-deploy virtual assistant for HR
852 views
Avaamo Agent Builder
720 views

More on Avaamo.

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.

  • Total Funding $22.57M
  • Total Rounds 5
  • Last Round Debt – Conventional — $7M
  • First Round $49,000

    (Jun 2014)

  • Investors Count 11

All 5 funding rounds of Avaamo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2021$7MDebt – Conventional––
May 2018$14.2MSeries A–Intel Capital
Mar 2018$2.02MSeed–Wipro
–
Oct 2014$6.3MSeed–WI Harper Group
Jun 2014$49,000Seed–Clear Ventures
–
Valuation history

11 investors in total: 11 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm backed by Mahindra group
mahindrapartners.comMumbai, India
VC firm that does investment in early stage companies in the US & China
1993wiharper.comSan Francisco, United States
Investment in technology startups focusing on compute, AI, and related innovations.
intelcapital.com
US focused venture capital firm
rembrandtvc.comMenlo Park, United States
Seed & early stage sector-agnostic VC firm funding companies in the US
ovofund.comPalo Alto, United States
Investments in tech startups are managed by Streamlined Ventures.
streamlined.vcPalo Alto, United States
Venture capital investments are provided to innovative founders.
112capital.comSan Francisco, United States
Tech focused early stage VC firm investing in the US, Europe, Asia
clear.venturesPalo Alto, United States
Large-scale business loans are facilitated via an online platform.
liquiditygroup.comTel Aviv, Israel
Telecom equipment and software solutions are provided for networks.
1876ericsson.comStockholm, Sweden
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Investor details for Avaamo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Avaamo Technologies Private Limited (Avaamo)

Avaamo Technologies Private Limited is the primary company behind Avaamo. The board of Avaamo Technologies Private Limited currently have 4 directors; the longest-serving is Ranganath Venkata Mamidipudi, appointed in 2014. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ranganath Venkata Mamidipudi
DIN 00200486
Director09 Sep 201412 yrs 1 moAvaamo Technologies Private Limited
Rammohan Gopal Menon
DIN 06952004
Director09 Sep 201412 yrs 1 moAvaamo Technologies Private Limited
Salvador Ignacio La Rosa
DIN 08390725
Director21 Mar 20197 yrs 7 moAvaamo Technologies Private Limited
Mallavarapu Venkata Anil Kumar
DIN 00200106
Alternate Director31 Mar 20224 yrs 7 moAvaamo Technologies Private Limited

People of Avaamo

54 people are tracked at Avaamo (15 in leadership, 39 in team); the tracked headcount is 111.

NameRoleGroup
Sriram Chakravarthy
Co-Founder & CTOLeadership
Ram Menon
Co-Founder & CEOLeadership
Madhav Vodnala
VP, EngineeringLeadership
Sal Larosa
CFOLeadership
Brady Sebok
Director, Head Of Agent Assist EnterpriseLeadership
Ca Amit Agarwal
Director Of Finance And AccountingLeadership
Vipul Lonkar
Senior Director Of Engineering - IVALeadership
Jalendra Bhanarkar
Director Of EngineeringLeadership
Rathnavel Kandaswamy
Vice President, Business Development & StrategyLeadership
Sindhu Chenjeri
Head Of Applied AI Engg OperationsLeadership
Vignesh Shanbhag
Director Of Solution EngineeringLeadership
Pooja Pai
Head Of DeliveryLeadership
Dheeraj Samala
Head Of Applied AI EngineeringLeadership
Kunal Contractor
Head Of The Americas & EuropeLeadership
Robert Smith
Chief EvangelistLeadership
Komal Jhanwar
Senior Finance ExecutiveTeam
Chaitanya Kulkarni (चैतन्य कुलकर्णी)
Machine Learning EngineerTeam
Subhash Paruchuri
Devops EngineerTeam
Kiran B.s
ManagerTeam
Aamir Hussain
Lead Conversational AI EngineerTeam

34 more people are available in the full profile.

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Complete people profiles for Avaamo

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Avaamo

Figures of Avaamo Technologies Private Limited, the primary company behind Avaamo, for FY 2023. Revenue was ₹26.44 Cr (+20% year on year). Net profit was ₹3.05 Cr (12% margin). EBITDA was ₹4.57 Cr (17% margin). Revenue has grown at a compounded annual rate of +23% over three years and +34% over five years.

  • ₹26.44 CrRevenue · FY 2023 · +20% YoY
  • ₹3.05 CrNet profit · 12% margin
  • ₹4.57 CrEBITDA · 17% margin
  • ₹1 LakhPaid-up capital
  • 111Employees (provident fund records)
  • +23%Revenue CAGR, 3 years
  • +34%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Avaamo Technologies Private Limited are on its company page.

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Detailed financial statements for Avaamo

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Avaamo

3 dated milestones of Avaamo across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Avaamo is founded.
  2. Funding First funding round of $49K.
  3. Funding Latest funding round, Debt – Conventional, of $7.0M.

Competitors of Avaamo

Avaamo has 3 listed competitors in our database, 3 of them funded. They include Twilio, Freshworks and Dialpad.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
twilio.com2008San Francisco, United States$239.77M231
Cloud-based omnichannel communication and customer engagement platform is utilized.
freshworks.com2010San Mateo, United States$400.05M4,400
Cloud-based business process management suite solutions are delivered.
dialpad.com2011San Ramon, United States$475.91M119
Cloud-based unified communication solutions including voice and video are provided.
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Detailed competitors of Avaamo

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Avaamo

The website of Avaamo (avaamo.ai) receives about 8.2K visits a month.

  • Monthly visits
    8.2K

    ▲ 8.6% vs previous month

Similar websites

Websites whose visitors overlap most with Avaamo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
pramati.com
100%
View details
cumulations.com
97%
11.5K#1,986,054View details
tavant.com
96%
19.2K#1,178,623View details
torryharris.com
torryharris.com
90%
#1,214,834–
sagesoftware.co.in
sagesoftware.co.in
88%
#847,237–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 39 similar websites and full traffic analytics for Avaamo

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 39 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in AI Core Platforms & Infrastructure

3 companies that operate in the same segment as Avaamo (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 58.07 B11,115
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B42,000
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 136.81 B6,146
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Related news about 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 CEO of Avaamo, as recorded in our data. They have also founded this company.

Avaamo is a funded company, having raised a total of $22.57M across 5 funding rounds to date. The company's 1st funding round was a Seed of $49K, raised on Jun 2014.

Avaamo has 111 employees.

The primary company behind Avaamo, Avaamo Technologies Private Limited, reported revenue of ₹26.44 Cr for FY 2023, up 20% year on year.

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.

Avaamo operates through Avaamo Technologies Private Limited.

The legal entities of Avaamo currently have 4 directors, including Mallavarapu Venkata Anil Kumar, Salvador Ignacio La Rosa, Ranganath Venkata Mamidipudi and others.

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