About Hala
Hala is a company based in Tallinn (Estonia) founded in 2017 by Mykyta Bazhenov and Andrii Rudchuk.. Hala has raised $23.88 thousand across 2 funding rounds from investors including Startup Wise Guys and Gorilla Capital. The company has 2 employees as of March 31, 2021. Hala offers products and services including White Label Conversational AI, Microsoft Dynamics Assistant, QuickBooks Digital Assistant, IBM Watson Web Chat, and SAP Virtual Assistant. Hala operates in a competitive market with competitors including Gupshup, ValueFirst, Ada, Avaamo and Silo.AI, among others.
- Headquarter Tallinn, Estonia
- Employees 2 as on 31 Mar, 2021
- Founders Mykyta Bazhenov, Andrii Rudchuk
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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
*********
- Legal Name Hala Digital Oü
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Annual Revenue
$5.76 K (USD)-6as on Dec 31, 2023
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Net Profit
$1.87 K (USD)282as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$23.88 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Startup Wise Guys
& 1 more
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Employee Count
2
as on Mar 31, 2021
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Products & Services of Hala
Hala offers a comprehensive portfolio of products and services, including White Label Conversational AI, Microsoft Dynamics Assistant, QuickBooks Digital Assistant, IBM Watson Web Chat, and SAP Virtual Assistant. 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.
All-in-one platform for custom AI interfaces and integrations.
Automates procurement and tasks in Microsoft Dynamics software.
Integrates with QuickBooks to simplify financial task automation.
Provides enterprise-grade chat for IBM Watson interactions.
Reduces support costs by automating SAP-related tasks.
Funding Insights of Hala
Hala has successfully raised a total of $23.88K across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(18 Sep 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Seed - Hala | Valuation |
investors |
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| Sep, 2017 | Amount | Seed - Hala | Valuation | Startup Wise Guys |
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| 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 Hala
Hala has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Startup Wise Guys and Gorilla 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 investments are made in Nordic and Baltic startups.
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Founded Year | Domain | Location | |
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Venture capital and startup accelerator focused on B2B and SaaS companies
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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 Hala
| 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 - Hala
| 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 |
Hala Comparisons
Competitors of Hala
Hala 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 Gupshup, ValueFirst, Ada, Avaamo and Silo.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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tools for customer engagement across multiple channels are provided.
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| domain | founded_year | HQ Location |
AI conversations are enabled for enterprises across multiple channels.
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| domain | founded_year | HQ Location |
AI chatbots for customer experience automation are provided.
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| domain | founded_year | HQ Location |
Conversational AI platform for enterprises is provided by Avaamo.
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| domain | founded_year | HQ Location |
Provider of customized AI-powered solutions
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| domain | founded_year | HQ Location |
Outbound calling software is offered by LeadDesk for sales automation.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Hala
When was Hala founded?
Hala was founded in 2017.
Where is Hala located?
Hala is headquartered in Tallinn, Estonia.
Who is the current CEO of Hala?
Andrii Rudchuk is the current CEO of Hala. They have also founded this company.
Is Hala a funded company?
Hala is a funded company, having raised a total of $23.88K across 2 funding rounds to date. The company's 1st funding round was a Seed of $23.88K, raised on Sep 18, 2017.
How many employees does Hala have?
As of Mar 31, 2021, the latest employee count at Hala is 2.
What is the annual revenue of Hala?
Annual revenue of Hala is $5.76K as on Dec 31, 2023.
What does Hala do?
Hala was founded in 2017 in Tallinn, Estonia, as a provider of a decentralized AI platform for enterprise use. Natural language processing, syntax analysis, machine learning, visual recognition, speech-to-text, text-to-speech, and sentiment analysis are utilized to enable interactions via text, voice, or image. Integration with third-party systems such as ERP, CRM, HCM, and SCM is supported. Applications span banking, travel, retail, healthcare, and IT sectors.
What products or services does Hala offer?
Hala offers White Label Conversational AI, Microsoft Dynamics Assistant, QuickBooks Digital Assistant, IBM Watson Web Chat, and SAP Virtual Assistant.
Who are Hala's investors?
Hala has 2 investors. Key investors include Startup Wise Guys, and Gorilla Capital.