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
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Inflection Ai
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.53 B (USD)
in 2 rounds
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Latest Funding Round
$1.3 B (USD), Series E
Jun 29, 2023
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Investors
Microsoft
& 11 more
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Employee Count
35
as on Jul 19, 2023
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Investments & Acquisitions
BoostKpi
& 2 more
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Acquired by
Microsoft
(Mar 20, 2024)
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Products & Services of Inflection AI
Inflection AI offers a comprehensive portfolio of products and services, including Pi.
Pi is offered as a personal AI assistant.
People of Inflection AI
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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.
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.
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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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Investor details for Inflection AI
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Verified entity values are shown only after access is granted.
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.
Investment portfolio details for Inflection AI
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Professional communication is optimized by an AI platform for workplaces.
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Locked | Locked | 2022 | Locked | |
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KPI optimization tools are provided for business performance.
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Locked | Locked | 2020 | Locked | |
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Boundaryless is engaged in providing automation and analytics solutions.
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Locked | Locked | 1999 | Locked |
Complete acquisition details for Inflection AI
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Financial Statements - Inflection AI
Detailed financials for Inflection AI
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Inflection Ai Comparisons
Peer comparison for Inflection AI
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-based conversational solutions are provided for user interactions and learning.
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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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AI tools and infrastructure are developed for generative applications.
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A no-code platform for enterprise chatbot development is offered.
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Cognigy is recognized for developing conversational AI solutions for customer service.
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Detailed competitors of Inflection AI
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Latest news on Inflection Ai
Complete news archive for Inflection AI
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Frequently Asked Questions about Inflection AI
Inflection AI was founded in 2022.
Inflection AI is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Inflection AI is a funded company, having raised a total of $1.53B across 2 funding rounds to date.
As of Jul 19, 2023, the latest employee count at Inflection AI is 35.
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.
Inflection AI's top competitors include Character.ai, Hyro and Avaamo.
Inflection AI offers Pi.
Inflection AI has made 3 acquisitions, including BoostKpi, Boundaryless, and Jelled.ai.
The valuation of Inflection AI is $4B as of Jun 2023.