About Kolena
Kolena is a company based in San Francisco (United States) founded in 2021 by Mohamed Elgendy, Gordon Hart, and Andrew Shi.. Kolena has raised $18.13 million across 1 funding round from investors including Lobby Capital, SignalFire and Bloomberg Beta. The company has 15 employees as of December 31, 2024. Kolena offers products and services including AI Agents, Contract Abstraction, Loan Underwriting, Insurance Incident Reports, and Back Office Automation. Kolena operates in a competitive market with competitors including Distributional, DeePhi Tech, Latent AI, Openlayer and Autonomize, among others.
- Headquarter San Francisco, United States
- Employees 15 as on 31 Dec, 2024
- Founders Mohamed Elgendy, Gordon Hart, Andrew Shi
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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
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Net Profit
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EBITDA
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Total Equity Funding
$18.13 M (USD)
in 1 rounds
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Latest Funding Round
$18.13 M (USD), Series A
Jul 07, 2023
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Investors
Lobby Capital
& 4 more
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Employee Count
15
as on Dec 31, 2024
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Products & Services of Kolena
Kolena offers a comprehensive portfolio of products and services, including AI Agents, Contract Abstraction, Loan Underwriting, Insurance Incident Reports, and Back Office Automation. 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.
Tools for automating business workflows and document analysis
Extracts insights from contracts and amendments quickly
Analyzes risk factors for lending and decision-making
Streamlines document intake for insurance workflows
Handles OCR for invoices and complex documents
Funding Insights of Kolena
Kolena has successfully raised a total of $18.13M through 1 strategic funding round. The most recent funding activity was a Series A round of $18.13 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 1
- Last Round Series A — $18.1M
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First Round
First Round
(07 Jul 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series A - Kolena | Valuation | Lobby Capital |
| 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 Kolena
Kolena has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Lobby Capital, SignalFire and Bloomberg Beta. 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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Lobby Capital is engaged in funding innovative tech startups.
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Founded Year | Domain | Location | |
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Seed and early-stage startups are funded by SignalFire.
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Founded Year | Domain | Location | |
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Corporate backed venture capital firm focused on multiple 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 Kolena
| 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 - Kolena
| 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 |
Kolena Comparisons
Competitors of Kolena
Kolena 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 Distributional, DeePhi Tech, Latent AI, Openlayer and Autonomize, 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 |
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| domain | founded_year | HQ Location |
AI technologies are tested and evaluated via a dedicated platform.
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| domain | founded_year | HQ Location |
Deep learning technologies for AI neural network optimization are developed.
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| domain | founded_year | HQ Location |
An ML optimization platform for edge AI applications is provided.
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| domain | founded_year | HQ Location |
AI evaluation and observability platform is provided for enterprise applications.
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| domain | founded_year | HQ Location |
AI software for drug discovery and trial management is offered.
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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 Kolena
Frequently Asked Questions about Kolena
When was Kolena founded?
Kolena was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Kolena located?
Kolena is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Kolena?
Mohamed Elgendy is the current CEO of Kolena. They have also founded this company.
Is Kolena a funded company?
Kolena is a funded company, having raised a total of $18.13M across 1 funding round to date. The company's 1st funding round was a Series A of $18.13M, raised on Jul 07, 2023.
How many employees does Kolena have?
As of Dec 31, 2024, the latest employee count at Kolena is 15.
What does Kolena do?
Founded in 2021 and based in San Francisco, United States, Kolena operates as a platform for testing machine learning models across natural language processing, large language models, computer vision, and structured data domains. Failure modes are identified and tracked to assist engineering, sales, and customer teams in evaluating model performance and addressing gaps. Hidden behaviors are surfaced by ML teams through the platform, enabling faster iterations and model deployment.
Who are the top competitors of Kolena?
Kolena's top competitors include Distributional, Openlayer and Autonomize.
What products or services does Kolena offer?
Kolena offers AI Agents, Contract Abstraction, Loan Underwriting, Insurance Incident Reports, and Back Office Automation.
Who are Kolena's investors?
Kolena has 5 investors. Key investors include Lobby Capital, SignalFire, Bloomberg Beta, 11.2 Capital, and Zero Prime Ventures.
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