About Awayr AI
Awayr AI is a company based in Boston (United States) founded in 2018 by Adam Beal and Ben D Sawyer.. Awayr AI has raised $150 thousand across 2 funding rounds from investors including Gener8tor and Marl Accelerator. The company has 1 employees as of December 31, 2021. Awayr AI operates in a competitive market with competitors including Smart Eye, RightWare, Preh, Phasya and Gestigon, among others.
- Headquarter Boston, United States
- Employees 1 as on 31 Dec, 2021
- Founders Adam Beal, Ben D Sawyer
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Awayr, 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
$150 K (USD)
in 2 rounds
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Latest Funding Round
$100 K (USD), Seed
Jun 24, 2021
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Investors
Gener8tor
& 1 more
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Employee Count
1
as on Dec 31, 2021
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Funding Insights of Awayr AI
Awayr AI has successfully raised a total of $150K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in June 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 Total Funding
- Total Rounds 2
- Last Round Seed — $100,000
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First Round
First Round
(14 Aug 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - Awayr AI | Valuation |
investors |
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| Aug, 2020 | Amount | Seed - Awayr AI | 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 Awayr AI
Awayr AI has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Gener8tor and Marl Accelerator. 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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Startups are accelerated via a 12-week program with funding support.
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Founded Year | Domain | Location | |
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Deep tech startups in mobility and robotics are accelerated.
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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 Awayr AI
| 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 - Awayr AI
| 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 |
Awayr Ai Comparisons
Competitors of Awayr AI
Awayr AI 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 Smart Eye, RightWare, Preh, Phasya and Gestigon, 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 |
AI-powered driver monitoring systems are developed for vehicles.
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| domain | founded_year | HQ Location |
3D graphical user interface solutions for automotive are developed.
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| domain | founded_year | HQ Location |
Automotive electronics and automation solutions are manufactured for vehicles.
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| domain | founded_year | HQ Location |
Provider of eye tracking solutions for detecting cognitive and physiological states
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| domain | founded_year | HQ Location |
Middleware for gesture recognition and skeleton mapping is developed.
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| domain | founded_year | HQ Location |
AI-based facial and eye analytics solutions for drivers are provided.
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| 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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Frequently Asked Questions about Awayr AI
When was Awayr AI founded?
Awayr AI was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Awayr AI located?
Awayr AI is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Awayr AI?
Adam Beal is the current CEO of Awayr AI. They have also founded this company.
Is Awayr AI a funded company?
Awayr AI is a funded company, having raised a total of $150K across 2 funding rounds to date. The company's 1st funding round was a Seed of $50K, raised on Aug 14, 2020.
How many employees does Awayr AI have?
As of Dec 31, 2021, the latest employee count at Awayr AI is 1.
What does Awayr AI do?
Awayr AI was founded in 2018 and is headquartered in Boston, United States. The company operates in the automotive sector, focusing on AI-driven eye-tracking technologies for human-machine interfaces. AI software is offered to analyze designs, generate automatic feedback, and support iterations by designers. These tools are applied in human safety and usability testing through eye-tracking methods.
Who are the top competitors of Awayr AI?
Who are Awayr AI's investors?
Awayr AI has 2 investors. Key investors include Gener8tor, and Marl Accelerator.