electroNeek

New York, United States Founded: 2017 • Age: 9 yrs
Platform for robotic process automation
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About electroNeek

electroNeek is a company based in New York (United States) founded in 2017 by Sergey Yudovskiy.. electroNeek has raised $23.13 million across 4 funding rounds from investors including PwC, JointJourney and Circusitlogic. electroNeek offers products and services including Workflow Builder, Document Processing, and RPA and Integrations. electroNeek operates in a competitive market with competitors including Appian, Newgen, Naviant, Rewst and Nintex, among others.

  • Headquarter New York, United States
  • Founders Sergey Yudovskiy
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Electroneek Robotics, Inc.
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $23.13 M (USD)

    in 4 rounds

  • Latest Funding Round
    $20 M (USD), Series A

    Jun 01, 2021

  • Investors
    PwC

    & 15 more

  • Employee Count
    Employee Count
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Products & Services of electroNeek

electroNeek offers a comprehensive portfolio of products and services, including Workflow Builder, Document Processing, and RPA and Integrations. 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

Platform for creating and managing business workflows.

Tool to extract and validate data from documents.

System for scheduling and orchestrating bots across applications.

People of electroNeek
Headcount 50-200
Employee Profiles 7
Employee Profiles
People
Sergey Yudovskiy
CEO & Co-Founder
People
Elina Iudovskaia
Chief of Staff
People
Alex Astafyev
CBDO
People
Dmitry Karpov
Chief Innovation Officer

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Funding Insights of electroNeek

electroNeek has successfully raised a total of $23.13M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in June 2021. 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 4
  • Last Round Series A — $20.0M
  • First Round

    (13 Jun 2019)

  • Investors Count 16
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Series A - electroNeek Valuation Baring Vostok
Jun, 2020 Amount Seed - electroNeek Valuation Y Combinator
Apr, 2020 Amount Seed - electroNeek Valuation 645 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 electroNeek

electroNeek has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include PwC, JointJourney and Circusitlogic. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on big data, fintech, and bio tech companies
Founded Year Domain Location
Multiple sectors are invested in by Circusitlogic's venture capital fund.
Founded Year Domain Location
A venture capital firm focused on tech startup 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 electroNeek

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 - electroNeek

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

Electroneek Comparisons

Employees
+
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Competitors of electroNeek

electroNeek 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 Appian, Newgen, Naviant, Rewst and Nintex, 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 low-code platform enables application development and automation.
domain founded_year HQ Location
Cloud-based content service platforms are provided for enterprise automation.
domain founded_year HQ Location
Cloud-based ECM and workflow automation are delivered for enterprises.
domain founded_year HQ Location
Provider of robotic process automation solution for enterprises
domain founded_year HQ Location
AI-interfaced software is utilized for process management and workflow automation.
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 Electroneek

Frequently Asked Questions about electroNeek

When was electroNeek founded?

electroNeek was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is electroNeek located?

electroNeek is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of electroNeek?

Sergey Yudovskiy is the current CEO of electroNeek. They have also founded this company.

Is electroNeek a funded company?

electroNeek is a funded company, having raised a total of $23.13M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Jun 13, 2019.

What does electroNeek do?

ElectroNeek was founded in 2017 in New York, United States, within the robotic process automation sector. A platform is offered by the company to handle automation of browser interactions, desktop applications, and email processes. Operations focus on task efficiency through software solutions. Three pricing models are provided, structured around monthly usage levels, to support various business needs in the automation industry.

Who are the top competitors of electroNeek?

electroNeek's top competitors include Appian, Newgen and Rewst.

What products or services does electroNeek offer?

electroNeek offers Workflow Builder, Document Processing, and RPA and Integrations.

Who are electroNeek's investors?

electroNeek has 16 investors. Key investors include PwC, JointJourney, Circusitlogic, YellowRockets.vc, and Dragon Capital.

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