About Eloquent Labs
Eloquent Labs is a company based in Redwood City (United States) founded in 2016 was acquired by Square in May 2019.. Eloquent Labs has raised $1.5 million across 1 funding round from investors including Square, Khosla Ventures and XSeed Capital. The company has 10 employees as of December 31, 2022. Eloquent Labs operates in a competitive market with competitors including Dialpad, Freshworks, Twilio, Sprinklr and Observe.AI, among others.
- Headquarter Redwood City, United States
- Employees 10 as on 31 Dec, 2022
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Sectors
TechnologyRetail
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Phone
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Website
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Social
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- Legal Name Eloquent Labs Incorporated
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Funding Insights of Eloquent Labs
Eloquent Labs has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in January 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 Funding
- Total Rounds 1
- Last Round Seed — $1.5M
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First Round
First Round
(19 Jan 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2017 | Amount | Seed - Eloquent Labs | Valuation | Khosla Ventures , XSeed Capital |
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| 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Eloquent Labs
Eloquent Labs has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Square, Khosla Ventures and XSeed Capital. 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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Early-stage startups are funded by this venture capital firm.
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Early stage venture capital firm investing in US
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Enterprise startups are accelerated via a 6-month program.
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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 Eloquent 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 - Eloquent 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 |
Eloquent Labs Comparisons
Competitors of Eloquent Labs
Eloquent 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 Dialpad, Freshworks, Twilio, Sprinklr and Observe.AI, 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 |
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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Cloud-based business process management suite solutions are delivered.
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| 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 customer experience management software is provided for brands.
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| domain | founded_year | HQ Location |
AI-powered conversation intelligence and automation are provided for contact centers.
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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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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Eloquent Labs
When was Eloquent Labs founded?
Eloquent Labs was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Eloquent Labs located?
Eloquent Labs is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Eloquent Labs a funded company?
Eloquent Labs is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Jan 19, 2017.
How many employees does Eloquent Labs have?
As of Dec 31, 2022, the latest employee count at Eloquent Labs is 10.
What does Eloquent Labs do?
Eloquent Labs was founded in 2016 in Redwood City, United States, within the AI sector for customer support. An AI-powered chatbot named Elle is created by the company, integrating crowdsourced labor for human-in-the-loop validation. Responses to customer queries are generated by AI and ratified manually before delivery. Primary focus is placed on small and medium enterprises in online sales, with applicability extended to database-driven systems like enterprise knowledge access interfaces.
Who are the top competitors of Eloquent Labs?
Eloquent Labs's top competitors include Twilio, Freshworks and Dialpad.
Who are Eloquent Labs's investors?
Eloquent Labs has 4 investors. Key investors include Square, Khosla Ventures, XSeed Capital, and Alchemist Accelerator.
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