About Kumo
Kumo is a company based in Mountain View (United States) founded in 2021 by Vanja Josifovski, Hema Raghavan, and Jure Leskovec. It operates as a AI-as-a-Service, and Subscription Services. Kumo has raised $36.5 million across 2 funding rounds from investors including Sequoia Capital, SV Angel and Ron Conway. The company has 11 employees as of December 31, 2020. Kumo offers products and services including Kumo RFM and Kumo Enterprise. Kumo operates in a competitive market with competitors including Veritone, Gong, Anyscale, Comet and Abacus.AI, among others.
- Headquarter Mountain View, United States
- Employees 11 as on 31 Dec, 2020
- Founders Vanja Josifovski, Hema Raghavan, Jure Leskovec
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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 Kumo Ai, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36.5 M (USD)
in 2 rounds
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Latest Funding Round
$18 M (USD), Series B
Sep 27, 2022
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Investors
Sequoia Capital
& 16 more
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Employee Count
11
as on Dec 31, 2020
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Products & Services of Kumo
Kumo offers a comprehensive portfolio of products and services, including Kumo RFM and Kumo Enterprise. 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.
Instant predictions are provided from business data easily.
Custom predictive models are built for enterprise needs.
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Funding Insights of Kumo
Kumo has successfully raised a total of $36.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in September 2022. 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 B — $18.0M
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First Round
First Round
(07 Apr 2022)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series B - Kumo | Valuation | Sequoia Capital | |
| Apr, 2022 | Amount | Series A - Kumo | Valuation | Sequoia 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 Kumo
Kumo has secured backing from 17 investors, including venture fund and angel investors. Prominent investors backing the company include Sequoia Capital, SV Angel and Ron Conway. 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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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage investments are provided to transformative technology companies.
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Founded Year | Domain | Location | |
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Early-stage companies are invested in by A.Capital Ventures.
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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 Kumo
| 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 - Kumo
| 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 |
Kumo Comparisons
Competitors of Kumo
Kumo 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 Veritone, Gong, Anyscale, Comet and Abacus.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-driven analytics for audio and video content are provided.
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| domain | founded_year | HQ Location |
Revenue intelligence solutions are delivered for sales and marketing teams.
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| domain | founded_year | HQ Location |
Provider of an AI-based open source framework for building distributed applications
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| domain | founded_year | HQ Location |
AI and SaaS-based ML solutions
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| domain | founded_year | HQ Location |
Provides AI based data models creation for data science
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| domain | founded_year | HQ Location |
Provider of an AI and cloud based data science platform
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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 Kumo
Frequently Asked Questions about Kumo
When was Kumo founded?
Kumo was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Kumo located?
Kumo is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of Kumo?
Vanja Josifovski is the current CEO of Kumo. They have also founded this company.
Is Kumo a funded company?
Kumo is a funded company, having raised a total of $36.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $18.5M, raised on Apr 07, 2022.
How many employees does Kumo have?
As of Dec 31, 2020, the latest employee count at Kumo is 11.
What does Kumo do?
Kumo is engaged in developing AI foundation models tailored for relational enterprise data. Solutions are provided for instant predictions directly from data warehouses, supporting industries like retail, financial services, and media. Zero-shot capabilities are offered out of the box, with fine-tuning options when required, eliminating the need for traditional ML pipelines. Enterprise-grade governance and scalability are ensured for production-ready applications.
Who are the top competitors of Kumo?
What products or services does Kumo offer?
Kumo offers Kumo RFM and Kumo Enterprise.
Who are Kumo's investors?
Kumo has 17 investors. Key investors include Sequoia Capital, SV Angel, Ron Conway, Michael Ovitz, and Frank Slootman.
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