About Daimon Labs
Daimon Labs is a Technology company based in New York (United States) founded in 2022 by Dhruv M and Ryan Benmalek. Provider of AI language learning and research services. Daimon Labs has raised $3 million across 2 funding rounds from investors including LDV Capital, Data Community Fund and Myelin. Its chief executive, as recorded, is Ryan Benmalek. Its focus areas include High Tech, Chatbots, Personal Assistants and General Assistants. Its legal entity is Daimon Labs Inc. Its competitors include Character.ai, Replika and Mindtrip; 3 of its 3 listed competitors have raised funding.
Company details
Daimon Labs was founded in 2022 and is headquartered in New York, United States. Operations focus on the AI sector, where language learning tools and research services are developed and offered. The company serves clients through its domain, daimon.chat, emphasizing practical applications in education and linguistic analysis. Co-founders include Dhruv M and Ryan Benmalek, who lead efforts in this niche field.
- Headquarters New York, United States
- Founders Dhruv M, Ryan Benmalek
- SectorsTechnology
- Email••••••••
- Website daimon.chat
- Social LinkedIn
- Legal Name Daimon Labs Inc.
- Total Equity Funding$3M (USD)
in 2 rounds
- Latest Funding Round$1.5M (USD), Seed
Mar 2023
- InvestorsLDV Capital
& 2 more
Funding Insights of Daimon Labs
Daimon Labs has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 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 $3M
- Total Rounds 2
- Last Round Seed — $1.5M
- First Round $1.5M
(Mar 2022)
- Investors Count 3
All 2 funding rounds of Daimon Labs 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 |
|---|---|---|---|---|---|
| Mar 2023 | $1.5M | Seed | – | LDV Capital | |
| Mar 2022 | $1.5M | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in Daimon Labs
Daimon Labs has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include LDV Capital, Data Community Fund and Myelin.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm | ldv.co | New York, United States | ||
| dcf1.vc | ||||
Venture capital investments are provided to innovative founders. | myelin.vc |
Investor details for Daimon Labs
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People of Daimon Labs
2 people are tracked at Daimon Labs (2 in leadership).
| Name | Role | Group |
|---|---|---|
Dhruv M | Co-Founder | Leadership |
Ryan Benmalek | Co-Founder & CEO | Leadership |
Complete people profiles for Daimon Labs
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Timeline of Daimon Labs
3 dated milestones of Daimon Labs across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Daimon Labs is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of Daimon Labs
Daimon Labs has 3 listed competitors in our database, 3 of them funded. They include Character.ai, Replika and Mindtrip.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| character.ai | 2021 | Menlo Park, United States | $193M | 95 | AI-based conversational solutions are provided for user interactions and learning. | |
| replika.com | 2015 | San Francisco, United States | $11.04M | 1 | An AI companion is developed for emotional support and conversation. | |
| mindtrip.ai | 2023 | Palo Alto, United States | $19M | Trips are discovered, planned, and booked through an AI-powered platform. |
Detailed competitors of Daimon Labs
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Top companies in Chatbots
3 companies that operate in the same segment as Daimon Labs (Chatbots) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
Cloud-based business process management suite solutions are delivered. | 2010 | San Mateo, California, United States | USD 400.05 M | USD 838.81 M | 4,500 | |
AI-based conversational solutions are provided for user interactions and learning. | 2021 | Menlo Park, California, United States | USD 193 M | 325 |
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Related news about Daimon Labs
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Frequently Asked Questions about Daimon Labs
Daimon Labs was founded in 2022.
Daimon Labs is headquartered in New York, United States. It is registered at New York, New York, United States.
Ryan Benmalek is the CEO of Daimon Labs, as recorded in our data. They have also founded this company.
Daimon Labs is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 2022.
Daimon Labs was founded in 2022 and is headquartered in New York, United States. Operations focus on the AI sector, where language learning tools and research services are developed and offered. The company serves clients through its domain, daimon.chat, emphasizing practical applications in education and linguistic analysis. Co-founders include Dhruv M and Ryan Benmalek, who lead efforts in this niche field.
Daimon Labs's top competitors include Character.ai, Mindtrip and Replika.
Daimon Labs has 3 investors. Key investors include LDV Capital, Data Community Fund, and Myelin.
Daimon Labs operates through Daimon Labs Inc..