Capacity

Minneapolis, United States Founded: 2015 • Age: 11 yrs Acquired By Capacity
Capacity is recognized for providing AI-powered enterprise search software.
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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 as of December 31, 2022. 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.

  • Headquarter Minneapolis, United States
  • Employees 21 as on 31 Dec, 2022
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Equals 3, Inc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.5 M (USD), Series A

    Jan 18, 2022

  • Investors
    Capacity

    & 3 more

  • Employee Count
    21

    as on Dec 31, 2022

  • Acquired by
    Capacity

    (Oct 17, 2024)

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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. 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.

Primary

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.

People of Capacity
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Greg Smith
Advisor/investor
People
Gray Moon
Enterprise Project Manager
People
Sunil Kumar Das
Technical Project Manager
People
Chris Kumsher
Chief Financial Officer

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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
  • Total Rounds 2
  • Last Round Series A — $2.5M
  • First Round

    (27 May 2021)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Series A - Capacity Valuation Naples Technology Ventures , Rev1 Ventures
May, 2021 Amount Series A - Capacity Valuation Dallas Venture Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage technology companies are supported through venture capital investments.
Founded Year Domain Location
Startup Studio building companies in the US & Europe and Angel Network for Ohio based companies
Founded Year Domain Location
Venture capital fund and startup accelerator focused on technology sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Capacity

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Capacity

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Capacity Comparisons

Employees
+
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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. 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
Cloud based project management platform
domain founded_year HQ Location
Cloud-based platform for enterprise search
domain founded_year HQ Location
Step-by-step guides for sales demos and customer training are auto-generated.
domain founded_year HQ Location
Enterprise social networking platform
domain founded_year HQ Location
Cloud-based platform for knowledge management and team collaboration is provided.
domain founded_year HQ Location
Knowledge is captured and shared through expert-created cards.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Capacity

Frequently Asked Questions about Capacity

When was Capacity founded?

Capacity was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Where is Capacity located?

Capacity is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Is Capacity a funded company?

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 27, 2021.

How many employees does Capacity have?

As of Dec 31, 2022, the latest employee count at Capacity is 21.

What does Capacity do?

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.

Who are the top competitors of Capacity?

Capacity's top competitors include Clickup, Glean and Hebbia.

What products or services does Capacity offer?

Capacity offers Answer Engine, Intelligent Virtual Agents, Agent Assist, and Campaigns and Workflows.

Who are Capacity's investors?

Capacity has 4 investors. Key investors include Capacity, Naples Technology Ventures, Rev1 Ventures, and Dallas Venture Capital.

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