About Faros AI
Faros AI is a company based in United States founded in 2019 by Vitaly Gordon, Shubha Nabar, and Matthew Tovbin.. Faros AI has raised $36 million across 4 funding rounds from investors including European Union, SignalFire and Operator Collective. The company has 23 employees as of December 31, 2022. Faros AI offers products and services including Faros AI Platform and Engineering Productivity Handbook. Faros AI operates in a competitive market with competitors including JFrog, Sonatype, Progress, CollabNet and Digital.ai, among others.
- Headquarter United States
- Employees 23 as on 31 Dec, 2022
- Founders Vitaly Gordon, Shubha Nabar, Matthew Tovbin
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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 Faros Ai, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series A
Jun 27, 2023
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Investors
European Union
& 8 more
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Employee Count
23
as on Dec 31, 2022
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Products & Services of Faros AI
Faros AI offers a comprehensive portfolio of products and services, including Faros AI Platform and Engineering Productivity Handbook. 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.
Tool for engineering metrics and productivity analysis.
Guide on measuring and improving engineering productivity.
Unlock access to complete
Funding Insights of Faros AI
Faros AI has successfully raised a total of $36M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in June 2023. 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 4
- Last Round Series A — $20.0M
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First Round
First Round
(01 Jan 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Faros AI | Valuation | Lobby Capital | |
| Jan, 2023 | Amount | Grant - Faros AI | Valuation |
investors |
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| Mar, 2022 | Amount | Seed - Faros AI | Valuation | SignalFire , Global Founders 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 Faros AI
Faros AI has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Union, SignalFire and Operator Collective. 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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Seed and early-stage startups are funded by SignalFire.
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Founded Year | Domain | Location | |
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B2B startups are developed by Operator Collective studio.
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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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 Faros AI
| 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 - Faros AI
| 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 |
Faros Ai Comparisons
Competitors of Faros AI
Faros AI 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 JFrog, Sonatype, Progress, CollabNet and Digital.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 suite of devops solutions
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| domain | founded_year | HQ Location |
Cloud based application management platform for developers
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| domain | founded_year | HQ Location |
IDE-based software is provided for application development and management.
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| domain | founded_year | HQ Location |
Enterprise application lifecycle management and version control are provided.
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| domain | founded_year | HQ Location |
AI-based application lifecycle management software is provided.
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| domain | founded_year | HQ Location |
Automated business process testing and discovery software is provided globally.
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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 Faros Ai
Frequently Asked Questions about Faros AI
When was Faros AI founded?
Faros AI was founded in 2019.
Where is Faros AI located?
Faros AI is headquartered in United States.
Who is the current CEO of Faros AI?
Vitaly Gordon is the current CEO of Faros AI. They have also founded this company.
Is Faros AI a funded company?
Faros AI is a funded company, having raised a total of $36M across 4 funding rounds to date. The company's 1st funding round was a Seed of $16M, raised on Jan 01, 2017.
How many employees does Faros AI have?
As of Dec 31, 2022, the latest employee count at Faros AI is 23.
What does Faros AI do?
Faros AI was founded in 2019 in the United States within the software analytics sector. AI-driven application lifecycle analytics software is delivered, with automatic connections established to CICD pipelines, source control, and ticketing systems. Data is examined through preconfigured dashboards to detect metrics like deployment frequency and change failure rates. Customized dashboards, charts, automation workflows, and reports are generated to facilitate resource allocation and performance adjustments based on empirical data.
Who are the top competitors of Faros AI?
What products or services does Faros AI offer?
Faros AI offers Faros AI Platform and Engineering Productivity Handbook.
Who are Faros AI's investors?
Faros AI has 9 investors. Key investors include European Union, SignalFire, Operator Collective, Salesforce Ventures, and Lobby Capital.