About Hotify
Hotify is a company based in Bengaluru (India) founded in 2015 was acquired by Sonasoft in January 2019. Hotify has raised $303.44 thousand across 2 funding rounds from investors including Venture Catalysts, Mahavir Sharma and Sonasoft. Hotify operates in a competitive market with competitors including Scandit, Chooch, Silo.AI, YITU and CrowdAI, among others.
- Headquarter Bengaluru, India
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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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Annual Revenue
$134.98 K (USD)-42as on Mar 31, 2024
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Net Profit
$8.12 K (USD)-45as on Mar 31, 2024
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EBITDA
$15.58 K (USD)-40as on Mar 31, 2024
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Total Equity Funding
$303.44 K (USD)
in 2 rounds
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Latest Funding Round
$153.44 K (USD), Seed
Mar 01, 2018
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Investors
Venture Catalysts
& 2 more
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Employee Count
Not available
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Acquired by
Sonasoft
(Jan 31, 2019)
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Funding Insights of Hotify
Hotify has successfully raised a total of $303.44K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $153.44 thousand completed in March 2018. 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 Hotify
Hotify has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Venture Catalysts, Mahavir Sharma and Sonasoft.
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Mahavir Sharma |
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Offers email and data security solutions for businesses.
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Investor details for Hotify
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Investments & Acquisitions by Hotify
Investment portfolio details for Hotify
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Financial Statements - Hotify
Detailed financials for Hotify
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Hotify Comparisons
Peer comparison for Hotify
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Competitors of Hotify
Hotify 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 Scandit, Chooch, Silo.AI, YITU and CrowdAI, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of SDK for smart data capture from barcodes, files, and IDs
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Generative computer vision solutions are offered for video stream analysis.
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Provider of customized AI-powered solutions
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AI-based decision intelligence platforms are provided for multiple sectors.
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Provider of image annotation solutions for autonomous vehicle, drones & satellite images
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Provider of solutions to train machine learning models
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Detailed competitors of Hotify
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Hotify
Complete news archive for Hotify
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Frequently Asked Questions about Hotify
Hotify was founded in 2015.
Hotify is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Hotify is a funded company, having raised a total of $303.44K across 2 funding rounds to date.
Annual revenue of Hotify is $134.98K as on Mar 31, 2024.
Hotify was founded in 2015 in Bengaluru, India, where AI and machine learning consulting services are delivered. Offerings include strategy and advisory, feature engineering, solution architecture, partner selection, and project management. Global businesses are supported in AI adoption and internalization. Expertise is applied in real-time data analysis, natural language understanding, deep neural networks, workflow automation, computer vision, and forecasting. Industries served encompass banking, e-commerce, marketing, transportation, insurance, and healthcare.
Hotify's top competitors include Scandit, Chooch and Robovision.
Hotify has 3 investors. Key investors include Venture Catalysts, Mahavir Sharma, and Sonasoft.