About Edify Labs
Edify Labs is a company based in Carmel (United States) founded in 2018 by Hemant Luthra, Ashwini Purohit, Cameron Weeks, and Bracken Fields was acquired by Avaya in May 2024.. Edify Labs has raised $26.89 million across 2 funding rounds from investors including Avaya, First Round Capital and Liquid 2 Ventures. Edify Labs operates in a competitive market with competitors including Twilio, Genesys, Freshworks, Dialpad and Sprinklr, among others.
- Headquarter Carmel, United States
- Founders Hemant Luthra, Ashwini Purohit, Cameron Weeks, Bracken Fields
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Edify Labs, Inc.
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Funding Insights of Edify Labs
Edify Labs has successfully raised a total of $26.89M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16.89 million completed in December 2022. 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 2
- Last Round Series A — $16.9M
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First Round
First Round
(01 Oct 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2022 | Amount | Series A - Edify Labs | Valuation |
investors |
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| Oct, 2019 | Amount | Seed - Edify Labs | Valuation | First Round Capital |
| 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 Edify Labs
Edify Labs has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Avaya, First Round Capital and Liquid 2 Ventures. 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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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage investment in multiple sectors
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Founded Year | Domain | Location | |
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Limited information is provided about Sealane Ventures' activities.
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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 Edify Labs
| 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 - Edify Labs
| 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 |
Edify Labs Comparisons
Competitors of Edify Labs
Edify Labs 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, Genesys, Freshworks, Dialpad and Sprinklr, 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.
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| domain | founded_year | HQ Location |
Cloud-based omnichannel customer experience and contact center solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Cloud-based customer experience management software is provided for brands.
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| domain | founded_year | HQ Location |
Tools for customer engagement across multiple channels are provided.
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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 Edify Labs
Frequently Asked Questions about Edify Labs
When was Edify Labs founded?
Edify Labs was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Edify Labs located?
Edify Labs is headquartered in Carmel, United States. It is registered at Carmel, California, United States.
Who is the current CEO of Edify Labs?
Cameron Weeks is the current CEO of Edify Labs. They have also founded this company.
Is Edify Labs a funded company?
Edify Labs is a funded company, having raised a total of $26.89M across 2 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Oct 01, 2019.
What does Edify Labs do?
Edify Labs was founded in 2018 and is based in Carmel, United States. Contact center solutions driven by AI and cloud technologies are offered, focusing on customer engagement through machine learning. Real-time communication is managed via API integrations with bots, and tools are provided to connect people, systems, and channels within organizations. Features such as IVR, RPA, and IVA are included in the services.
Who are the top competitors of Edify Labs?
Edify Labs's top competitors include Twilio, Genesys and Freshworks.
Who are Edify Labs's investors?
Edify Labs has 9 investors. Key investors include Avaya, First Round Capital, Liquid 2 Ventures, Sealane Ventures, and Bonfire Ventures.
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