About Dev Rev
Dev Rev is a company based in Palo Alto (United States) founded in 2020 by Manoj Agarwal and Dheeraj Pandey.. Dev Rev has raised $157.93 million across 3 funding rounds from investors including Khosla Ventures, Mayfield and Param Hansa Values. The company has 150 employees as of March 28, 2024. Dev Rev offers products and services including Conversational Search, Conversational Customer Experience, Conversational Customer Support, Conversational Product Development, and Airdrop Technology. Dev Rev operates in a competitive market with competitors including Twilio, Salesforce, HubSpot, Genesys and Freshworks, among others.
- Headquarter Palo Alto, United States
- Employees 150 as on 28 Mar, 2024
- Founders Manoj Agarwal, Dheeraj Pandey
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Devrev Cloud India Private Limited
- Date of Incorporation 03 Dec, 2020
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$5.72 M (USD)184.14as on Mar 31, 2023
-
Net Profit
$545.66 K (USD)167.44as on Mar 31, 2023
-
EBITDA
$869.86 K (USD)170.05as on Mar 31, 2023
-
Total Equity Funding
$157.93 M (USD)
in 3 rounds
-
Latest Funding Round
$100.83 M (USD), Series A
Jul 10, 2024
-
Investors
Khosla Ventures
& 3 more
-
Employee Count
150
as on Mar 28, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Dev Rev
Dev Rev offers a comprehensive portfolio of products and services, including Conversational Search, Conversational Customer Experience, Conversational Customer Support, Conversational Product Development, and Airdrop Technology. 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.
Tool for accessing and retrieving siloed company information effectively.
SDK for building AI-powered self-service user experiences.
App to enhance support teams with AI capabilities.
App for accelerating product shipping and reducing waste.
System for ingesting and unifying siloed data sources.
Unlock access to complete
Funding Insights of Dev Rev
Dev Rev has successfully raised a total of $157.93M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $100.83 million completed in July 2024. 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 3
- Last Round Series A — $100.8M
-
First Round
First Round
(14 Jul 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Dev Rev | Valuation | Khosla Ventures | |
| Aug, 2022 | Amount | Series A - Dev Rev | Valuation |
investors |
|
| Jul, 2021 | Amount | Seed - Dev Rev | Valuation | Mayfield , Khosla Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dev Rev
Dev Rev has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Khosla Ventures, Mayfield and Param Hansa Values. 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 |
|---|---|---|---|---|
|
Early-stage startups are funded by this venture capital firm.
|
Founded Year | Domain | Location | |
|
Mayfield is focused on AI innovation and venture capital investments.
|
Founded Year | Domain | Location | |
|
Healthcare and technology companies are targeted for venture capital investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Dev Rev
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Dev Rev
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dev Rev Comparisons
Competitors of Dev Rev
Dev Rev 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 Twilio, Salesforce, HubSpot, Genesys and Freshworks, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based omnichannel communication and customer engagement platform is utilized.
|
|
| domain | founded_year | HQ Location |
Cloud-based CRM and collaboration solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Provider of AI-powered customer relationship management software
|
|
| domain | founded_year | HQ Location |
Cloud-based omnichannel customer experience and contact center solutions are delivered.
|
|
| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
|
|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Dev Rev
Frequently Asked Questions about Dev Rev
When was Dev Rev founded?
Dev Rev was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Dev Rev located?
Dev Rev is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Dev Rev?
Dheeraj Pandey is the current CEO of Dev Rev. They have also founded this company.
Is Dev Rev a funded company?
Dev Rev is a funded company, having raised a total of $157.93M across 3 funding rounds to date. The company's 1st funding round was a Seed of $50M, raised on Jul 14, 2021.
How many employees does Dev Rev have?
As of Mar 28, 2024, the latest employee count at Dev Rev is 150.
What is the annual revenue of Dev Rev?
Annual revenue of Dev Rev is $5.72M as on Mar 31, 2023.
What does Dev Rev do?
Provider of conversational AI solutions for managing business operations. It offers an AI-powered tool for search, customer experience, and support managing efficiency and productivity for enterprises. The solutions integrate with existing tools, providing real-time insights and automated workflows. The platform assist businesses access and utilize data with features such as product development and customer satisfaction management. Its offerings are tailored to support various teams, including startups, support, product, and CIO teams.
Who are the top competitors of Dev Rev?
Dev Rev's top competitors include HubSpot, Twilio and Salesforce.
What products or services does Dev Rev offer?
Dev Rev offers Conversational Search, Conversational Customer Experience, Conversational Customer Support, Conversational Product Development, and Airdrop Technology.
Who are Dev Rev's investors?
Dev Rev has 4 investors. Key investors include Khosla Ventures, Mayfield, Param Hansa Values, and Dheeraj Pandeys Family Office.