About Capacity
Capacity is a company based in Minneapolis (United States) founded in 2015 was acquired by Capacity in October 2024. It operates as a SaaS (Software-as-a-Service) and Managed Services. Capacity has raised $5.5 million across 2 funding rounds from investors including Capacity, Naples Technology Ventures and Rev1 Ventures. The company has 21 employees. Capacity offers products and services including Answer Engine, Intelligent Virtual Agents, Agent Assist, and Campaigns and Workflows. Capacity operates in a competitive market with competitors including Clickup, Glean, Scribe, Happeo and Bloomfire, among others.
Products & Services of Capacity
Capacity offers a comprehensive portfolio of products and services, including Answer Engine, Intelligent Virtual Agents, Agent Assist, and Campaigns and Workflows.
AI-powered answers are delivered instantly from organizational data.
Virtual agents are powered by AI for customer interactions.
Real-time AI suggestions are provided to support agents.
Tasks are automated to streamline operations and efficiency.
Funding Insights of Capacity
Capacity has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in January 2022. 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 $5.5M
- Total Rounds 2
- Last Round Series A — $2.5M
- First Round $3M
(May 2021)
- Investors Count 3
All 2 funding rounds of Capacity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $2.5M | Series A | – | Naples Technology Ventures, Rev1 Ventures | – |
| May 2021 | $3M | Series A | – | Dallas Venture Capital | – |
4 investors in total: 4 institutional.
Investors in Capacity
Capacity has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Capacity, Naples Technology Ventures and Rev1 Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage technology companies are supported through venture capital investments. | – | naplestechnologyventures.com | Naples, United States | |
Startup Studio building companies in the US & Europe and Angel Network for Ohio based companies | – | rev1ventures.com | Columbus, United States | |
Venture capital fund and startup accelerator focused on technology sectors | – | dallasvc.com | Irving, United States | |
AI-based data integration and knowledge management solutions are offered. | 2017 | capacity.com | St. Louis, United States |
Investor details for Capacity
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People of Capacity
5 people are tracked at Capacity (1 in leadership, 4 in team); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
Chris Kumsher | Chief Financial Officer | Leadership |
Peter Iacopelli | Technical PM/Senior BSA | Team |
Greg Smith | Advisor/investor | Team |
Gray Moon | Enterprise Project Manager | Team |
Sunil Kumar Das | Technical Project Manager | Team |
Complete people profiles for Capacity
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Timeline of Capacity
4 dated milestones of Capacity across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Capacity is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series A, of $2.5M.
- Exit Acquired by Capacity.
Competitors of Capacity
Capacity 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 Clickup, Glean, Scribe, Happeo and Bloomfire, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clickup.com | 2016 | Palo Alto, United States | $535.25M | – | Cloud based project management platform | |
| glean.com | 2019 | Palo Alto, United States | $765.3M | 258 | Cloud-based platform for enterprise search | |
| scribehow.com | 2019 | San Francisco, United States | $53M | 26 | Step-by-step guides for sales demos and customer training are auto-generated. | |
| happeo.com | 2016 | Helsinki, Finland | $48.68M | – | Enterprise social networking platform | |
| bloomfire.com | 2010 | Austin, United States | $32.85M | 27 | Cloud-based platform for knowledge management and team collaboration is provided. | |
| getguru.com | 2013 | Philadelphia, United States | $68.05M | 154 | Knowledge is captured and shared through expert-created cards. | |
| hebbia.com | 2020 | New York, United States | $161.1M | – | Generative AI agents for knowledge work | |
| guidde.com | 2020 | Belmont, United States | $30.6M | – | Cloud-based video tools for knowledge sharing and management are provided. | |
| lucy.ng | 2015 | Lagos, Nigeria | – | – | Bulk gifts are purchased online from various categories in Nigeria. |
Detailed competitors of Capacity
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Latest news on Capacity
Complete news archive for Capacity
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Similar companies to Capacity
10 companies that operate in the same segment as Capacity (Enterprise Software & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 2,810 | |
Cloud-based big data warehouse for enterprise data management is provided. | 2012 | Bozeman, Montana, United States | USD 1.56 B | USD 3.63 B | 7,830 | |
Cloud based project management platform | 2016 | Palo Alto, California, United States | USD 535.25 M | – | – | |
Enterprise data security software is provided for digital asset protection. | 2008 | Milpitas, California, United States | USD 51.78 M | USD 14.56 M | 223 | |
Cloud based data streaming analytics and governance platform | 2014 | Mountain View, California, United States | USD 456 M | USD 963.64 M | 3,060 | |
AI powered digital experience and customer data management platform | 2007 | Boston, Massachusetts, United States | USD 173.5 M | USD 14.84 M | 341 | |
Platform that offers data governance and file sharing solutions | 2006 | Mountain View, California, United States | USD 136.5 M | USD 8.93 M | 222 | |
Cloud-based video solutions for media, entertainment, and education are provided. | 2006 | New York, New York, United States | USD 145.1 M | – | 580 | |
Data management platform for integration, quality, and governance is provided. | 2005 | Redwood City, California, United States | USD 102 M | USD 5.4 M | 64 | |
Cloud-based platform for enterprise search | 2019 | Palo Alto, California, United States | USD 765.3 M | – | – |
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Frequently Asked Questions about Capacity
Capacity was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Capacity is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Capacity is a funded company, having raised a total of $5.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on May 2021.
Capacity has 21 employees.
Capacity is engaged in delivering AI-driven solutions for enterprise search and knowledge management. The company is focused on automating customer support and team operations through its Answer Engine, Intelligent Virtual Agents, and Agent Assist tools. Various sectors such as banking, healthcare, education, and software are served by Capacity. Solutions are designed to reduce handle time, increase deflections, and boost conversions with seamless integrations and enterprise-grade security. Operations are streamlined through automated workflows and conversational AI technologies.
Capacity offers Answer Engine, Intelligent Virtual Agents, Agent Assist, and Campaigns and Workflows.
Capacity has 4 investors. Key investors include Capacity, Naples Technology Ventures, Rev1 Ventures, and Dallas Venture Capital.
Capacity operates through Equals 3, Inc.
Yes. Capacity was acquired by Capacity in October 2024.