About Gail
Gail is a company based in Miami (United States) founded in 2020 by Michael Vega-Sanz. It operates as a AI-as-a-Service, and Subscription Services. Gail has raised $53.5 million across 2 funding rounds from investors including NextEra Energy, Khosla Ventures and Plug and Play Tech Center. The company has 120 employees as of December 31, 2022. Gail offers products and services including Gail AI and GailGPT. Gail operates in a competitive market with competitors including ReSource Pro, Socotra, FintechOS, AutoFi and EIS Group, among others.
- Headquarter Miami, United States
- Employees 120 as on 31 Dec, 2022
- Founders Michael Vega-Sanz
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Sectors
Financial ServicesTransportation, Automotive & Logistics
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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 Nothing Technologies 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
$53.5 M (USD)
in 2 rounds
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Latest Funding Round
$35.5 M (USD), Series B
Jul 24, 2023
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Investors
NextEra Energy
& 11 more
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Employee Count
120
as on Dec 31, 2022
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Products & Services of Gail
Gail offers a comprehensive portfolio of products and services, including Gail AI and GailGPT. 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.
AI tool for financial services customer support.
AI expert system for financial team support.
Funding Insights of Gail
Gail has successfully raised a total of $53.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $35.5 million completed in July 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 2
- Last Round Series B — $35.5M
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First Round
First Round
(08 Jul 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series B - Gail | Valuation | NextView Ventures , Khosla Ventures | |
| Jul, 2021 | Amount | Series A - Gail | Valuation | Founders Fund , Khosla Ventures |
| 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 Gail
Gail has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include NextEra Energy, Khosla Ventures and Plug and Play Tech Center. 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-stage tech startups are invested in by NextView Ventures.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and defense sectors.
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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 Gail
| 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 - Gail
| 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 |
Gail Comparisons
Competitors of Gail
Gail 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 ReSource Pro, Socotra, FintechOS, AutoFi and EIS Group, 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 |
Insurance policy and claim management solutions for the insurance industry
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| domain | founded_year | HQ Location |
Cloud-based solutions for insurance policy management and underwriting are offered.
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| domain | founded_year | HQ Location |
AI-based software suite is provided for banking and insurance sectors.
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| domain | founded_year | HQ Location |
Cloud-based loan management is provided for automobile financing.
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| domain | founded_year | HQ Location |
Cloud-based policy management and underwriting solutions for insurance are provided.
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| domain | founded_year | HQ Location |
A platform for digital insurance distribution and management is provided.
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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 Gail
Frequently Asked Questions about Gail
When was Gail founded?
Gail was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Gail located?
Gail is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is Gail a funded company?
Gail is a funded company, having raised a total of $53.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $18M, raised on Jul 08, 2021.
How many employees does Gail have?
As of Dec 31, 2022, the latest employee count at Gail is 120.
What does Gail do?
Financial services AI solutions are developed and offered by Gail, focusing on insurance, banking, and finance sectors. Customer support, sales enhancement, and compliance are facilitated through conversational AI available 247 across multiple channels. Team productivity is improved with on-demand AI experts via GailGPT for policy reviews and insights. Growth opportunities are identified to prevent churn and drive revenue. Industry-specific intelligence is combined with customizable business data for rapid deployment and continuous improvement.
What products or services does Gail offer?
Gail offers Gail AI and GailGPT.
Who are Gail's investors?
Gail has 12 investors. Key investors include NextEra Energy, Khosla Ventures, Plug and Play Tech Center, NextView Ventures, and Founders Fund.