Faraday

Burlington, United States Founded: 2012 • Age: 14 yrs
Consumer insights are delivered to enterprises through an AI platform.
Annual revenue - Latest available
Total funding $10.2M 6 rounds
Employees 53 Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Faraday

Faraday is a company based in Burlington (United States) founded in 2012 by Seamus Abshere. It operates as a AI-as-a-Service and SaaS (Software-as-a-Service). Faraday has raised $10.21 million across 6 funding rounds from investors including 3Degrees, DOE and Burt's Bees. The company has 53 employees as of December 31, 2021. Faraday offers products and services including Customer Behavior Predictions, Identity Graph, and Responsible AI. Faraday operates in a competitive market with competitors including Cint, Earnest Analytics, Suzy, Numerator and Ai Palette, among others.

  • Headquarter Burlington, United States
  • Employees 53 as on 31 Dec, 2021
  • Founders Seamus Abshere
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Faraday, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.21 M (USD)

    in 6 rounds

  • Latest Funding Round
    $4.1 M (USD), Series A

    Jul 19, 2021

  • Investors
    3Degrees

    & 6 more

  • Employee Count
    53

    as on Dec 31, 2021

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Products & Services of Faraday

Faraday offers a comprehensive portfolio of products and services, including Customer Behavior Predictions, Identity Graph, and Responsible AI.

Product name locked
Category locked
Primary

Customer behavior is predicted using advanced AI algorithms.

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Consumer identities are resolved for accurate data integration.

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Bias in AI models is detected and mitigated.

People of Faraday

Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Robbie Adler
Chief Strategy Officer & co-Founder
People
Andy Rossmeissl
CEO & co-Founder
People
Seamus Abshere
CTO & co-Founder
People
Brendan Whitney
Senior Data Scientist

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Funding Insights of Faraday

Faraday has successfully raised a total of $10.21M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $4.1 million completed in July 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.

Investors in Faraday

Faraday has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include 3Degrees, DOE and Burt's Bees.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on investing in impact startups
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Early-stage venture capital funding is provided by FreshTracks Capital.
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VC firm investing in seed & early stage companies in the US
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Investor details for Faraday

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Investments & Acquisitions by Faraday

Investments
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Investment portfolio details for Faraday

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Financial Statements - Faraday

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Detailed financials for Faraday

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Faraday Comparisons

Faraday Primary company
Description
Consumer insights are delivered to enterprises through an AI...
Location
Burlington, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
53
As of 2021
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Peer comparison for Faraday

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Faraday

Faraday 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 Cint, Earnest Analytics, Suzy, Numerator and Ai Palette, among others.

Company Name Domain Founded year HQ Location Description
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Market research platform linking buyers and suppliers of online samples.
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Consumer intelligence data is analyzed via an online research platform.
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Customer targeting and feedback management platform is utilized for insights.
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Consumer purchasing behavior is analyzed via market research and insights.
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AI-powered consumer insights for CPG product development are provided.
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Consumer insights are generated through AI-driven visual research tools.
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Detailed competitors of Faraday

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Latest news on Faraday

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Complete news archive for Faraday

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Frequently Asked Questions about Faraday

Faraday was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Faraday is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.

Faraday is a funded company, having raised a total of $10.21M across 6 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Faraday is 53.

Faraday is engaged in delivering AI-powered solutions for predicting customer behavior. Data science and engineering teams are supported with tools for data integration, automation, and machine learning through point-and-click interfaces or APIs. Sectors such as financial services, retail, e-commerce, and home services are served. Built-in consumer data with 1,500 attributes, bias management for safe ML, and key behavior predictions are offered. Deployment of predictions across various platforms is facilitated, ensuring compliance with regulations like SOC-2 and CCPA.

Faraday's top competitors include Earnest Analytics, Cint and Ai Palette.

Faraday offers Customer Behavior Predictions, Identity Graph, and Responsible AI.

Faraday has 7 investors. Key investors include 3Degrees, DOE, Burt's Bees, Intercap, and FreshTracks Capital.

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