Doly

Canada Founded: 2022 • Age: 4 yrs
Provider of AI-based social robots for children
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About Doly

Doly is a company based in Canada founded in 2022 by Levent Erenler.. Doly has raised $84.28 thousand across 1 funding round. Doly offers products and services including Doly Robot. Doly operates in a competitive market with competitors including Embodied, AkaStudy, EMYS, LOVOT and Unibotix Innovations, among others.

  • Headquarter Canada
  • Founders Levent Erenler
  • Sectors
    Technology
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Limitbit Technology Inc.
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $84.28 K (USD)

    in 1 rounds

  • Latest Funding Round
    $84.28 K (USD), Seed

    Feb 14, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Doly

Doly offers a comprehensive portfolio of products and services, including Doly Robot. 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.

Primary

Desktop robot for interactive learning, entertainment, and customization features.

Funding Insights of Doly

Doly has successfully raised a total of $84.28K through 1 strategic funding round. The most recent funding activity was a Seed round of $84.28 thousand completed in February 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 Rounds 1
  • Last Round Seed — $84,280
  • First Round

    (14 Feb 2024)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Seed - Doly Valuation

investors

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

Investments & Acquisitions by Doly

Investments
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 - Doly

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Doly Comparisons

Employees
+
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Competitors of Doly

Doly 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 Embodied, AkaStudy, EMYS, LOVOT and Unibotix Innovations, 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
AI learning robots for children are developed and provided.
domain founded_year HQ Location
AI engine that enhances communication capabilities in robots.
domain founded_year HQ Location
An educational robot is utilized for children's foreign language learning.
domain founded_year HQ Location
Delivers social robots designed to connect with children.
domain founded_year HQ Location
Develops innovative robotics learning kits for educational and institutional use.
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 Doly

Frequently Asked Questions about Doly

When was Doly founded?

Doly was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Doly located?

Doly is headquartered in Canada.

Is Doly a funded company?

Doly is a funded company, having raised a total of $84.28K across 1 funding round to date. The company's 1st funding round was a Seed of $84.28K, raised on Feb 14, 2024.

What does Doly do?

Doly was founded in 2022 in Canada as a provider of AI-based social robots targeted at children. The companys primary product, also named Doly, serves as a companion that fosters emotional connections with users while facilitating learning in coding. Operations focus on integrating artificial intelligence with robotics in the educational technology sector, with activities centered in North America.

Who are the top competitors of Doly?

Doly's top competitors include Embodied, EMYS and AkaStudy.

What products or services does Doly offer?

Doly offers Doly Robot.

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