About Crowdbotics
Crowdbotics is a company based in Berkeley (United States) founded in 2016 by Anand Kulkarni. It operates as a SaaS (Software-as-a-Service). Crowdbotics has raised $62 million across 5 funding rounds from investors including Pac-West Telecomm, Cooley and NEA. Crowdbotics offers products and services including CoreStory. Crowdbotics operates in a competitive market with competitors including Appian, Bubble, OutSystems, AppSheet and Builder, among others.
- Headquarter Berkeley, United States
- Founders Anand Kulkarni
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Crowdbotics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$62 M (USD)
in 5 rounds
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Latest Funding Round
$40 M (USD), Series B
Jan 25, 2023
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Investors
Pac-West Telecomm
& 8 more
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Employee Count
Employee Count
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Products & Services of Crowdbotics
Crowdbotics offers a comprehensive portfolio of products and services, including CoreStory. 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.
AI platform for legacy code modernization and maintenance.
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Funding Insights of Crowdbotics
Crowdbotics has successfully raised a total of $62M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in January 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 Funding
- Total Rounds 5
- Last Round Series B — $40.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series B - Crowdbotics | Valuation | New Enterprise Associates | |
| Jan, 2022 | Amount | Series A - Crowdbotics | Valuation | Jackson Square Ventures | |
| Apr, 2021 | Amount | Series A - Crowdbotics | Valuation | Jackson Square Ventures |
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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 Crowdbotics
Crowdbotics has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Pac-West Telecomm, Cooley and NEA. 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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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in early-stage startups in the US
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Founded Year | Domain | Location | |
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Seed and early-stage tech investments in the US are made.
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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 Crowdbotics
| 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 - Crowdbotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Crowdbotics Comparisons
Competitors of Crowdbotics
Crowdbotics 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 Appian, Bubble, OutSystems, AppSheet and Builder, 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 |
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| domain | founded_year | HQ Location |
Cloud-based low-code platform enables application development and automation.
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| domain | founded_year | HQ Location |
Cloud-based no-code platform for web application development is utilized.
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| domain | founded_year | HQ Location |
Low-code platform enables application development and deployment without coding.
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| domain | founded_year | HQ Location |
Mobile apps are built automatically from spreadsheets without coding.
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| domain | founded_year | HQ Location |
AI-powered low-code platform for application development is provided.
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| domain | founded_year | HQ Location |
Mobile device management and enterprise integration platforms are offered.
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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 Crowdbotics
Frequently Asked Questions about Crowdbotics
When was Crowdbotics founded?
Crowdbotics was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Crowdbotics located?
Crowdbotics is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Who is the current CEO of Crowdbotics?
Anand Kulkarni is the current CEO of Crowdbotics. They have also founded this company.
Is Crowdbotics a funded company?
Crowdbotics is a funded company, having raised a total of $62M across 5 funding rounds to date. The company's 1st funding round was a Series A of $22M, raised on Jun 01, 2018.
What does Crowdbotics do?
Crowdbotics, now rebranded as CoreStory, is engaged in transforming the software development lifecycle through AI-powered solutions. The company specializes in modernizing and maintaining large legacy codebases by providing insights across developer, architect, and business layers. Its platform is designed to analyze code at multiple levels of abstraction, ensuring accuracy and efficiency. Services are integrated into existing systems like technical documentation platforms and CICD pipelines. The focus is on sectors involving legacy application transformation and application maintenance, empowering IT teams to reduce failures and increase speed in modernization projects.
Who are the top competitors of Crowdbotics?
Crowdbotics's top competitors include Appian, Bubble and OutSystems.
What products or services does Crowdbotics offer?
Crowdbotics offers CoreStory.
Who are Crowdbotics's investors?
Crowdbotics has 9 investors. Key investors include Pac-West Telecomm, Cooley, NEA, Harrison Metal, and Jackson Square Ventures.
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