Character.ai

Menlo Park, United States Founded: 2021 • Age: 5 yrs
AI-based conversational solutions are provided for user interactions and learning.
Annual revenue - Latest available
Total funding $193.0M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About Character.ai

Character.ai is a company based in Menlo Park (United States) founded in 2021. Character.ai has raised $193 million across 2 funding rounds from investors including Andreessen Horowitz, Nat Friedman and Elad Gil. Character.ai operates in a competitive market with competitors including Krutrim, Voiceitt, Replika, Mindtrip and Fin, among others.

  • Headquarter Menlo Park, United States
  • Stage Unicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $193 M (USD)

    in 2 rounds

  • Latest Funding Round
    $150 M (USD), Series A

    Mar 23, 2023

  • Investors
  • Employee Count
    Employee Count
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People of Character.ai

Headcount 200-500
Employee Profiles 13
Employee Profiles
People
Zhengming Wang
Member Of Technical Staff
People
Nicole Bugay
Recruiter
People
Karandeep Anand
CEO
People
Jerry Ruoti
Head of Trust and Safety

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Funding Insights of Character.ai

Character.ai has successfully raised a total of $193M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $150 million completed in March 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
  • Total Rounds 2
  • Last Round Series A — $150.0M
  • First Round

    (01 Dec 2021)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Series A - Character.ai Valuation a16z
Dec, 2021 Amount Seed - Character.ai Valuation

investors

Investors in Character.ai

Character.ai has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Andreessen Horowitz, Nat Friedman and Elad Gil.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Founded Year Domain Location
Early-stage investments are provided to transformative technology companies.
Founded Year Domain Location
Early-stage companies are invested in by A.Capital Ventures.
Founded Year Domain Location

Investments & Acquisitions by Character.ai

Investments

Financial Statements - Character.ai

Character.Ai Comparisons

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Competitors of Character.ai

Character.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 Krutrim, Voiceitt, Replika, Mindtrip and Fin., among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI tools and infrastructure are developed for generative applications.
domain founded_year HQ Location
Virtual assistant tool for speech disabilities is developed and offered.
domain founded_year HQ Location
An AI companion is developed for emotional support and conversation.
domain founded_year HQ Location
Trips are discovered, planned, and booked through an AI-powered platform.
domain founded_year HQ Location
Provider of a virtual assistant for assisting users in everyday tasks

Latest news on Character.Ai

Frequently Asked Questions about Character.ai

Character.ai was founded in 2021.

Character.ai is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.

Karandeep Anand is the current CEO of Character.ai.

Character.ai is a funded company, having raised a total of $193M across 2 funding rounds to date. The company's 1st funding round was a Seed of $43M, raised on Dec 01, 2021.

Character.ai was founded in 2021 and is headquartered in Menlo Park, United States. Operations focus on the AI sector, where neural language models and dialog agents are developed using proprietary technology. Tools are offered for imagination, brainstorming, language learning, and related applications. Users are enabled to engage with conversational AI for diverse purposes.

Character.ai's top competitors include Krutrim, Mindtrip and Replika.

Character.ai has 5 investors. Key investors include Andreessen Horowitz, Nat Friedman, Elad Gil, SV Angel, and A.Capital.

The valuation of Character.ai is $1B as of Mar 2023.

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