About Kore.ai
Kore.ai is a company based in Orlando (United States) founded in 2013 by Raj Koneru. It operates as a AI-as-a-Service, SaaS (Software-as-a-Service), and Managed Services. Kore.ai has raised $234.28 million across 8 funding rounds from investors including Nvidia, PNC and Sterling National Bank. The company has 716 employees as of November 01, 2024. Kore.ai offers products and services including AI for Work, AI for Service, AI for Process, and Agent Platform. Kore.ai operates in a competitive market with competitors including Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, among others.
- Headquarter Orlando, United States
- Employees 716 as on 01 Nov, 2024
- Founders Raj Koneru
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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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- Legal Name Kore.Ai Inc.
- Date of Incorporation 21 Sep, 2011
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$21.67 M (USD)54.55as on Mar 31, 2023
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Net Profit
$2.12 M (USD)58.46as on Mar 31, 2023
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EBITDA
$2.59 M (USD)30.88as on Mar 31, 2023
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Total Equity Funding
$234.28 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
Nvidia
& 11 more
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Employee Count
716
as on Nov 01, 2024
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Products & Services of Kore.ai
Kore.ai offers a comprehensive portfolio of products and services, including AI for Work, AI for Service, AI for Process, and Agent Platform. 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.
AI solutions are provided for enterprise workflow automation.
Customer experiences are enhanced with personalized AI agents.
Business processes are streamlined using autonomous AI agents.
AI agent development is enabled with orchestration tools.
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Leadership Team
56 people
Sales and Marketing
52 people
Product Management Team
25 people
Software Development Team
16 people
Senior Team
7 people
Finance and Accounting
6 people
Manager Team
5 people
Operations Team
5 people
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Funding Insights of Kore.ai
Kore.ai has successfully raised a total of $234.28M across 8 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 8
- Last Round Last Round
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series D - Kore.ai | Valuation | AllianceBernstein | |
| Jan, 2024 | Amount | Series D - Kore.ai | Valuation | FTV Capital | |
| Nov, 2021 | Amount | Series C - Kore.ai | Valuation | NVIDIA |
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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 Kore.ai
Kore.ai has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Nvidia, PNC and Sterling National Bank. 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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Private equity investment firm
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Founded Year | Domain | Location | |
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Debt and equity solutions are provided to mid-to-late-stage technology companies.
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Founded Year | Domain | Location | |
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Venture capital investments are provided by NextEquity Partners.
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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 Kore.ai
| 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 - Kore.ai
| 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 |
Kore.Ai Comparisons
Competitors of Kore.ai
Kore.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 Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, 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 |
Cloud-based omnichannel communication and customer engagement platform is utilized.
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Cloud-based customer experience management software is provided for brands.
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Tools for customer engagement across multiple channels are provided.
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| domain | founded_year | HQ Location |
Conversational AI platform is provided for digital customer experiences.
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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 Kore.Ai
Frequently Asked Questions about Kore.ai
When was Kore.ai founded?
Kore.ai was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Where is Kore.ai located?
Kore.ai is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Who is the current CEO of Kore.ai?
Raj Koneru is the current CEO of Kore.ai. They have also founded this company.
Is Kore.ai a funded company?
Kore.ai is a funded company, having raised a total of $234.28M across 8 funding rounds to date. The company's 1st funding round was a Series C of $3.5M, raised on Jan 24, 2019.
How many employees does Kore.ai have?
As of Nov 01, 2024, the latest employee count at Kore.ai is 716.
What is the annual revenue of Kore.ai?
Annual revenue of Kore.ai is $21.67M as on Mar 31, 2023.
What does Kore.ai do?
Kore.ai is recognized for providing enterprise AI solutions focused on work, service, and process automation. AI agents and platforms are developed to enhance workflow orchestration, customer service experiences, and business process efficiency. Sectors such as financial services, healthcare, telecom, and consumer business are served with tailored AI solutions. Tools for multi-agent orchestration, security, governance, and no-codepro-code development are included in the offerings. Integration with major platforms like AWS and Microsoft Azure is supported to ensure scalability and enterprise-grade performance. Autonomous AI agents are deployed to streamline knowledge-intensive processes and deliver measurable ROI at scale.
Who are the top competitors of Kore.ai?
Kore.ai's top competitors include Twilio, Freshworks and Dialpad.
What products or services does Kore.ai offer?
Kore.ai offers AI for Work, AI for Service, AI for Process, and Agent Platform.
Who are Kore.ai's investors?
Kore.ai has 12 investors. Key investors include Nvidia, PNC, Sterling National Bank, FTV Capital, and Vistara Growth.