Black Ore

Austin, United States Founded: 2012 • Age: 14 yrs
Products and services are developed using AI for professionals.

About Black Ore

Black Ore is a Technology company based in Austin (United States) founded in 2012 by Eyal Shinar. Products and services are developed using AI for professionals. Black Ore has raised $60 million across 1 funding round from investors including Khosla Ventures, Andreessen Horowitz and Oak HC/FT. Its chief executive, as recorded, is Eyal Shinar. Black Ore offers products and services including Tax Autopilot Platform. Its focus areas include High Tech, Chatbots, Industry Agnostic and Customer Support. Its legal entity is BLACK ORE TECHNOLOGIES INC. Its competitors include Twilio, Morningstar and Freshworks; 3 of its 3 listed competitors have raised funding.

Company details

Black Ore was founded in 2012 and is headquartered in Austin, United States. Artificial intelligence is leveraged by the company to develop products and services that alter consumer interactions in professional settings. Operations focus on technology solutions for working professionals, with the domain blackore.ai maintained. Eyal Shinar is positioned as co-founder and CEO.

  • Headquarters Austin, United States
  • Founders Eyal Shinar
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website blackore.ai
  • Social LinkedIn X
  • Legal Name Black Ore Technologies Inc.
Key Metrics
  • Total Equity Funding
    $60M (USD)

    in 1 rounds

  • Latest Funding Round
    $60M (USD), Seed

    Nov 2023

  • Investors

Products & Services of Black Ore

Black Ore offers a comprehensive portfolio of products and services, including Tax Autopilot Platform.

Tax Autopilot Platform
Tax Preparation Software

Automates 1040 tax prep for CPAs to save time and ensure accuracy.

Funding Insights of Black Ore

Black Ore has successfully raised a total of $60M through 1 strategic funding round. The most recent funding activity was a Seed round of $60 million completed in November 2023. 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 $60M
  • Total Rounds 1
  • Last Round Seed β€” $60M
  • First Round $60M

    (Nov 2023)

  • Investors Count 13

All 1 funding rounds of Black Ore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2023$60MSeed–a16z, Oak HC/FT
Valuation history

13 investors in total: 9 institutional and 4 angel.

Investors in Black Ore

Black Ore has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Khosla Ventures, Andreessen Horowitz and Oak HC/FT.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
a16z.com
Investments are made in early-stage healthtech and fintech startups.
oakhcft.comStamford, United States
Investment and transformation services for entrepreneurs in technology and finance sectors.
generalcatalyst.com
Venture capital investments in technology and defense sectors.
foundersfund.com
Early-stage startups are funded by this venture capital firm.
2004khoslaventures.comMenlo Park, United States
Trust Ventures is focused on funding startups solving societal issues.
2019trustventures.comAustin, United States
Early-stage healthcare investments are managed by LionBird venture capital firm.
lionbird.comTel Aviv, Israel
Investments are directed toward early-stage consumer-tech startups.
scifi.vcSan Francisco, United States
Early-stage investments are provided to transformative technology companies.
svangel.comSan Francisco, United States

Max Levchin

Co-founder of PayPal, Affirm CEO, prominent tech investor
unknown_4ac450e4292a4edfa
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Investor details for Black Ore

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People of Black Ore

1 people are tracked at Black Ore (1 in leadership).

NameRoleGroup
Eyal Shinar
Co-Founder & CEOLeadership
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Complete people profiles for Black Ore

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Timeline of Black Ore

2 dated milestones of Black Ore across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Black Ore is founded.
  2. Funding First funding round of $60.0M.

Competitors of Black Ore

Black Ore has 3 listed competitors in our database, 3 of them funded. They include Twilio, Morningstar and Freshworks.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
twilio.com2008San Francisco, United States$239.77M231
Cloud-based omnichannel communication and customer engagement platform is utilized.
morningstar.com1984Chicago, United States$91M9,161
Financial data and investment advisory tools are offered online.
freshworks.com2010San Mateo, United States$400.05M4,400
Cloud-based business process management suite solutions are delivered.
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Detailed competitors of Black Ore

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Verified entity values are shown only after access is granted.

Web traffic of Black Ore

The website of Black Ore (blackore.ai) receives about 5.2K visits a month.

  • Monthly visits
    5.2K

    ▼ 1.1% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
taxgpt.com
100%
97.3K#494,524View details
cpapracticeadvisor.com
58%
#249,029View details
kruzeconsulting.com
58%
#641,561View details

Top companies in Chatbots

3 companies that operate in the same segment as Black Ore (Chatbots) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based omnichannel communication and customer engagement platform is utilized.
2008San Francisco, California, United StatesUSD 239.77 MUSD 5.07 B5,540
Cloud-based business process management suite solutions are delivered.
2010San Mateo, California, United StatesUSD 400.05 MUSD 838.81 M4,500
AI-based conversational solutions are provided for user interactions and learning.
2021Menlo Park, California, United StatesUSD 193 M325
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Related news about Black Ore

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Frequently Asked Questions about Black Ore

Black Ore was founded in 2012 and raised its 1st funding round 11 years after it was founded.

Black Ore is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Eyal Shinar is the CEO of Black Ore, as recorded in our data. They have also founded this company.

Black Ore is a funded company, having raised a total of $60M across 1 funding round to date. The company's 1st funding round was a Seed of $60M, raised on Nov 2023.

Black Ore was founded in 2012 and is headquartered in Austin, United States. Artificial intelligence is leveraged by the company to develop products and services that alter consumer interactions in professional settings. Operations focus on technology solutions for working professionals, with the domain blackore.ai maintained. Eyal Shinar is positioned as co-founder and CEO.

Black Ore's top competitors include Twilio, Morningstar and Freshworks.

Black Ore offers Tax Autopilot Platform.

Black Ore has 13 investors. Key investors include Khosla Ventures, Andreessen Horowitz, Oak HC/FT, General Catalyst, and Founders Fund.

Black Ore operates through Black Ore Technologies Inc..

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