About Inflection AI
Inflection AI is a company based in Palo Alto (United States) founded in 2022 by Reid Hoffman was acquired by Microsoft in March 2024. It operates as a AI-as-a-Service. Inflection AI has raised $1.53 billion across 2 funding rounds from investors including Microsoft, Nvidia and CoreWeave. The company has 35 employees as of July 19, 2023. Inflection AI has completed 3 acquisitions, including BoostKpi, Boundaryless and Jelled.ai. Inflection AI offers products and services including Pi. Inflection AI operates in a competitive market with competitors including Character.ai, Hyro, Avaamo, Krutrim and Passage AI, among others.
- Headquarter Palo Alto, United States
- Employees 35 as on 19 Jul, 2023
- Founders Reid Hoffman
- Stage Unicorn
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Sectors
TechnologyBusiness Services
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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 Inflection Ai
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Products & Services of Inflection AI
Inflection AI offers a comprehensive portfolio of products and services, including Pi. 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.
Pi is offered as a personal AI assistant.
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Funding Insights of Inflection AI
Inflection AI has successfully raised a total of $1.53B across 2 strategic funding rounds. The most recent funding activity was a Series E round of $1.3 billion 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 2
- Last Round Series E — $1.3B
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First Round
First Round
(28 Apr 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Series E - Inflection AI | Valuation | NVIDIA , Microsoft | |
| Apr, 2022 | Amount | Series D - Inflection AI | Valuation |
investors |
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Inflection AI
Inflection AI has secured backing from 12 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Microsoft, Nvidia and CoreWeave. 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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Venture capital firm specializing in early-stage tech investments and founder support.
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Horizons Ventures is focused on investing in deep science and technology.
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Private equity investments are made in technology-enabled growth 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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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 Inflection AI
Inflection AI has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include BoostKpi, Boundaryless and Jelled.ai. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
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Professional communication is optimized by an AI platform for workplaces.
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2022 | ||||
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KPI optimization tools are provided for business performance.
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2020 | ||||
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Boundaryless is engaged in providing automation and analytics solutions.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Inflection AI
| 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 |
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Inflection Ai Comparisons
Competitors of Inflection AI
Inflection 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 Character.ai, Hyro, Avaamo, Krutrim and Passage 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 |
AI-based conversational solutions are provided for user interactions and learning.
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| domain | founded_year | HQ Location |
An AI-based conversational platform is provided for healthcare task automation.
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Conversational AI platform for enterprises is provided by Avaamo.
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| domain | founded_year | HQ Location |
AI tools and infrastructure are developed for generative applications.
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| domain | founded_year | HQ Location |
A no-code platform for enterprise chatbot development is offered.
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| domain | founded_year | HQ Location |
Cognigy is recognized for developing conversational AI solutions for customer service.
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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 Inflection Ai
Frequently Asked Questions about Inflection AI
When was Inflection AI founded?
Inflection AI was founded in 2022.
Where is Inflection AI located?
Inflection AI is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Inflection AI a funded company?
Inflection AI is a funded company, having raised a total of $1.53B across 2 funding rounds to date. The company's 1st funding round was a Series D of $225M, raised on Apr 28, 2022.
How many employees does Inflection AI have?
As of Jul 19, 2023, the latest employee count at Inflection AI is 35.
What does Inflection AI do?
Inflection AI is engaged in developing emotionally intelligent AI technologies. Solutions are provided for both individuals and brands with a human-centered approach. The primary offering, Pi, is designed as a personal AI assistant. The company operates within the artificial intelligence sector, emphasizing emotional intelligence in interactions.
Who are the top competitors of Inflection AI?
Inflection AI's top competitors include Character.ai, Hyro and Avaamo.
What products or services does Inflection AI offer?
Inflection AI offers Pi.
How many acquisitions has Inflection AI made?
Inflection AI has made 3 acquisitions, including BoostKpi, Boundaryless, and Jelled.ai.
Who are Inflection AI's investors?
What is Inflection AI's valuation?
The valuation of Inflection AI is $4B as of Jun 2023.
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