About Bragi
Bragi is a company based in Munchen (Germany) founded in 2013.. Bragi has raised $22 million across 2 funding rounds from investors including European Union. The company has 62 employees as of December 31, 2020. Bragi offers products and services including AI Headphones, Audio Apps, and Bragi AI Platform. Bragi operates in a competitive market with competitors including Otter.ai, AssemblyAI, Tellme, YITU and WellSaid Labs, among others.
- Headquarter Munchen, Germany
- Employees 62 as on 31 Dec, 2020
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Sectors
Technology
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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 Bragi Gmbh
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-103.69 (USD)47as on Mar 31, 2023
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EBITDA
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Total Equity Funding
$22 M (USD)
in 2 rounds
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Latest Funding Round
$432.78 K (USD), Grant
Jul 01, 2021
- Investors
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Employee Count
62
as on Dec 31, 2020
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Products & Services of Bragi
Bragi offers a comprehensive portfolio of products and services, including AI Headphones, Audio Apps, and Bragi AI Platform. 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.
Headphones with AI features for voice control and noise reduction.
Apps for headphone control and personalized audio services.
Platform for integrating AI into audio products via multi-chip systems.
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Funding Insights of Bragi
Bragi has successfully raised a total of $22M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $432.78 thousand completed in July 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 Grant — $432,780
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First Round
First Round
(03 Nov 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Grant - Bragi | Valuation |
investors |
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| Nov, 2015 | Amount | Series A - Bragi | Valuation |
investors |
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| 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 Bragi
Bragi has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Bragi
| 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 - Bragi
| 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 |
Bragi Comparisons
Competitors of Bragi
Bragi 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 Otter.ai, AssemblyAI, Tellme, YITU and WellSaid Labs, 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-based voice transcription for meetings is provided via cloud software.
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| domain | founded_year | HQ Location |
Provider of speech to text solutions
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| domain | founded_year | HQ Location |
Voice recognition technology for phone-based information access is provided.
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| domain | founded_year | HQ Location |
AI-based decision intelligence platforms are provided for multiple sectors.
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| domain | founded_year | HQ Location |
AI platform for generating realistic voices in training, advertising, and video production.
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| domain | founded_year | HQ Location |
AI-driven transcription of audio and video files is provided.
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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 Bragi
Frequently Asked Questions about Bragi
When was Bragi founded?
Bragi was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Bragi located?
Bragi is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Bragi a funded company?
Bragi is a funded company, having raised a total of $22M across 2 funding rounds to date. The company's 1st funding round was a Series A of $22M, raised on Nov 03, 2015.
How many employees does Bragi have?
As of Dec 31, 2020, the latest employee count at Bragi is 62.
What does Bragi do?
Bragi was founded in 2013 in Munich, Germany, where operations in the audio technology sector are centered. Wireless headphones equipped with integrated sensors for performance tracking and real-time language translation are produced. Development focuses on enhancing user interaction through embedded software and hardware innovations. The companys domain, bragi.com, supports global distribution of these wearable audio devices.
What products or services does Bragi offer?
Bragi offers AI Headphones, Audio Apps, and Bragi AI Platform.
Who are Bragi's investors?
Bragi has 1 investor. Key investors include European Union.
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