Clinc

Ann Arbor, United States Founded: 2015 • Age: 11 yrs
AI lab for open source research

About Clinc

Clinc is a Technology company based in Ann Arbor (United States) founded in 2015 by Lingjia Tang. AI lab for open source research. Clinc has raised $59.5 million across 6 funding rounds from investors including eLab Ventures, Insight Partners and Drive Capital. Clinc offers products and services including Conversational AI Platform and Virtual Assistant. Its focus areas include High Tech, Native AI Infrastructure, Natural Language Processing and NLP Platforms. Its competitors include Avaamo, Hyro and Figure Eight; 3 of its 3 listed competitors have raised funding.

Company details

Clinc was founded in 2015 in Ann Arbor, Michigan, United States, as an AI research lab. Focus is placed on open-source initiatives, with the Lucida platform offered for building intelligent assistants. Voice and vision-based systems are enabled for developers and the community, supporting applications in non-profit education and accessibility for the disabled. Operations center on machine learning tools to advance societal benefits.

Key Metrics
  • Total Equity Funding
    $59.5M (USD)

    in 6 rounds

  • Latest Funding Round
    $52M (USD), Series B

    May 2019

  • Investors

Products & Services of Clinc

Clinc offers a comprehensive portfolio of products and services, including Conversational AI Platform and Virtual Assistant.

Conversational AI Platform
AI Software

Platform for natural language processing in banking customer interactions.

Virtual Assistant
Chatbot Service

Tool for automated banking queries and transactions via natural dialogue.

Funding Insights of Clinc

Clinc has successfully raised a total of $59.5M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $52 million completed in May 2019. 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 $59.5M
  • Total Rounds 6
  • Last Round Series B β€” $52M
  • First Round $225,000

    (Jul 2016)

  • Investors Count 7

All 6 funding rounds of Clinc with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2019$52MSeries B–Insight Partners
Sep 2017$750,000Grant––
Feb 2017$6.3MSeries A–Drive Capital
Aug 2016$225,000Grant––
Aug 2016$1.2MSeed–eLab Ventures
Jul 2016$225,000Grant––
Valuation history

7 investors in total: 6 institutional and 1 angel.

Investors in Clinc

Clinc has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include eLab Ventures, Insight Partners and Drive Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment firm scaling software and technology companies from early to late stages.
insightpartners.com
Venture capital firm focused on pre-seed and seed stage investments
drivecapital.comColumbus, United States
Early-stage venture capital is invested in Midwest technology startups.
hydeparkvp.comChicago, United States
Investments are directed toward innovative technology startups by DFJ Growth.
dfjgrowth.comMenlo Park, United States
Early-stage VC firm investing in the US
2012elabvc.comAnn Arbor, United States
A government-backed foundation providing seed-stage investments to support small businesses.
1950nsf.govArlington, United States

Stuart Porter

Angel investor in Indian startups, focused on tech and innovation.
unknown_0532fdac38d8462b9
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Investor details for Clinc

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People of Clinc

19 people are tracked at Clinc (7 in leadership, 3 in board & advisors, 9 in team).

NameRoleGroup
Lingjia Tang
Co-FounderLeadership
Himi Khan
Head of Business DevelopmentLeadership
Jon Newhard
CEOLeadership
Jamal El-Mokadem
VP, EngineeringLeadership
Steven Poling
Director of Customer SuccessLeadership
Steven Poling Jr. (石伯霖)
Vice President Of Customer SuccessLeadership
Steve Liebman
Executive Vice President Of SalesLeadership
Drew Harmon
AdvisorBoard & advisors
Mark Kvamme
AdvisorBoard & advisors
Jeff Lieberman
AdvisorBoard & advisors
Jade Kim
Software EngineerTeam
Cody Cannon
Staff Software EngineerTeam
Antonio Mika
Senior Site Reliability and Infrastructure EngineerTeam
Rajan Mehta
Senior Software Engineer - Core AITeam
Cody Force
Engineering ManagerTeam
Larry Wells
Client Integrations EngineerTeam
Fujiao Liu
Team Lead of The Beijing OfficeTeam
Paul Cardoos
Senior AI Software EngineerTeam
Adam Hallal
Software EngineerTeam
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Timeline of Clinc

3 dated milestones of Clinc across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Clinc is founded.
  2. Funding First funding round of $225K.
  3. Funding Latest funding round, Series B, of $52.0M.

Competitors of Clinc

Clinc has 3 listed competitors in our database, 3 of them funded. They include Avaamo, Hyro and Figure Eight.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
avaamo.ai2014Los Altos, United States$22.57M118
Conversational AI platform for enterprises is provided by Avaamo.
hyro.ai2014New York, United States$114.6M
An AI-based conversational platform is provided for healthcare task automation.
figure-eight.com2007San Francisco, United States$56.9M228
Offers AI training data, annotation, and services for enterprise AI development.
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Detailed competitors of Clinc

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Web traffic of Clinc

The website of Clinc (clinc.com) receives about 3.8K visits a month.

  • Monthly visits
    3.8K

    ▲ 13.5% vs previous month

Top companies in AI Core Platforms & Infrastructure

3 companies that operate in the same segment as Clinc (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B5,915
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 180.07 B11,115
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 132.31 B6,146
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Related news about Clinc

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Complete news archive for Clinc

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Frequently Asked Questions about Clinc

Clinc was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Clinc is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.

Clinc is a funded company, having raised a total of $59.5M across 6 funding rounds to date. The company's 1st funding round was a Grant of $225K, raised on Jul 2016.

Clinc was founded in 2015 in Ann Arbor, Michigan, United States, as an AI research lab. Focus is placed on open-source initiatives, with the Lucida platform offered for building intelligent assistants. Voice and vision-based systems are enabled for developers and the community, supporting applications in non-profit education and accessibility for the disabled. Operations center on machine learning tools to advance societal benefits.

Clinc's top competitors include Hyro, Avaamo and Figure Eight.

Clinc offers Conversational AI Platform and Virtual Assistant.

Clinc has 7 investors. Key investors include eLab Ventures, Insight Partners, Drive Capital, Hyde Park Venture Partners, and DFJ Growth.

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