About EthonAI
EthonAI is a company based in Switzerland founded in 2021 by Torbjorn Netland and Julian Senoner. It operates as a AI-as-a-Service and SaaS (Software-as-a-Service). EthonAI has raised $23.43 million across 2 funding rounds from investors including Index Ventures, General Catalyst and Earlybird. EthonAI offers products and services including Industrial AI Platform, Analyst Module, Operator Module, and Inspector Module. EthonAI operates in a competitive market with competitors including EXL, Artefact, Quantiphi, Tech Mahindra and Orioninc, among others.
- Headquarter Switzerland
- Founders Torbjorn Netland, Julian Senoner
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Sectors
Industrial Goods & Manufacturing
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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 Ethonai Ag
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.43 M (USD)
in 2 rounds
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Latest Funding Round
$16.43 M (USD), Series A
May 30, 2024
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Investors
Index Ventures
& 5 more
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Employee Count
Not available
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Products & Services of EthonAI
EthonAI offers a comprehensive portfolio of products and services, including Industrial AI Platform, Analyst Module, Operator Module, and Inspector Module.
Platform for optimizing manufacturing with AI-driven workflows.
Module for identifying waste via autonomous analysis.
Module for real-time production line orchestration.
Module for detecting visual defects in manufacturing.
People of EthonAI
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Funding Insights of EthonAI
EthonAI has successfully raised a total of $23.43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16.43 million completed in May 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.
Investors in EthonAI
EthonAI has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Index Ventures, General Catalyst and Earlybird.
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Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
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Investor details for EthonAI
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Investments & Acquisitions by EthonAI
Investment portfolio details for EthonAI
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Financial Statements - EthonAI
Detailed financials for EthonAI
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Ethonai Comparisons
Peer comparison for EthonAI
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Competitors of EthonAI
EthonAI 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 EXL, Artefact, Quantiphi, Tech Mahindra and Orioninc, among others.
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Provider of AI, data analytics, application development and IT security services
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Cloud management, business consulting, and IT outsourcing services are provided.
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Detailed competitors of EthonAI
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Latest news on Ethonai
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Frequently Asked Questions about EthonAI
EthonAI was founded in 2021 and raised its 1st funding round 2 years after it was founded.
EthonAI is headquartered in Switzerland.
Julian Senoner is the current CEO of EthonAI. They have also founded this company.
EthonAI is a funded company, having raised a total of $23.43M across 2 funding rounds to date.
EthonAI is established as a provider of an Industrial AI Platform, utilized by leading manufacturers to enhance operational excellence. The platform is integrated with factory data sources, combining scalable infrastructure with proprietary AI models. Solutions are offered for cost optimization, quality improvement, and speed enhancement in manufacturing sectors. Autonomous agents are employed for insight generation, while closed-loop control ensures process stability. Resilience against labor shortages is built through innovative workflows on the shop floor.
EthonAI's top competitors include EXL, Tech Mahindra and Quantiphi.
EthonAI offers Industrial AI Platform, Analyst Module, Operator Module, and Inspector Module.
EthonAI has 6 investors. Key investors include Index Ventures, General Catalyst, Earlybird, Founderful, and La Famiglia.