Dessa

Toronto, Canada Founded: 2015 • Age: 11 yrs Acquired By Square
Custom solutions based on deep learning are provided by Dessa.
Annual revenue - Latest available
Total funding $9.0M 2 rounds
Employees 18 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Dessa

Dessa is a company based in Toronto (Canada) founded in 2015 by Stephen Piron, Ragavan Thurairatnam, Vincent F Wong, and Eric Kin-Ho Lee was acquired by Square in February 2020. Dessa has raised $9 million across 2 funding rounds from investors including Square. The company has 18 employees as of December 31, 2024. Dessa operates in a competitive market with competitors including Element AI, TAZI, Razor Labs, AIATOR and Aptus.AI, among others.

  • Headquarter Toronto, Canada
  • Employees 18 as on 31 Dec, 2024
  • Founders Stephen Piron, Ragavan Thurairatnam, Vincent F Wong, Eric Kin-Ho Lee
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $9 M (USD)

    in 2 rounds

  • Latest Funding Round
    $9 M (USD), Series A

    Sep 13, 2017

  • Investors
  • Employee Count
    18

    as on Dec 31, 2024

  • Acquired by
    Square

    (Feb 07, 2020)

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Funding Insights of Dessa

Dessa has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in September 2017. 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 — $9.0M
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2017 Amount Series A - Dessa Valuation

investors

Sep, 2017 Amount Series A - Dessa Valuation

investors

Investors in Dessa

Dessa has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Square.

All
Institutional
Investor Description Founded Year Domain Location
POS solutions are provided for retail businesses.
Founded Year Domain Location

Investments & Acquisitions by Dessa

Investments

Financial Statements - Dessa

Dessa Comparisons

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Competitors of Dessa

Dessa 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 Element AI, TAZI, Razor Labs, AIATOR and Aptus.AI, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Custom AI development solutions are provided for enterprises.
domain founded_year HQ Location
Machine learning services are provided to enterprises by TAZI.
domain founded_year HQ Location
Provider of custom services using artificial intelligence and deep learning technologies
domain founded_year HQ Location
Custom AI solutions are provided using proprietary neural network framework.
domain founded_year HQ Location
AI and deep learning solutions for data analysis are provided.

Latest news on Dessa

Frequently Asked Questions about Dessa

Dessa was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Dessa is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Stephen Piron is the current CEO of Dessa. They have also founded this company.

Dessa is a funded company, having raised a total of $9M across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Dessa is 18.

Dessa was established in 2015 in Toronto, Canada, by co-founders Stephen Piron, Ragavan Thurairatnam, Vincent F Wong, and Eric Kin-Ho Lee. Deep learning-based custom solutions are offered within the artificial intelligence sector. Operations focus on tailored implementations for clients across industries. Services encompass development and deployment of AI technologies, with a base in North American geography. Leadership is shared between Piron and Lee as co-CEOs.

Dessa's top competitors include Element AI, AIATOR and Razor Labs.

Dessa has 1 investor. Key investors include Square.

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