About Lilac
Lilac is a company based in Boston (United States) founded in 2023 by Daniel Smilkov and Nikhil Thorat was acquired by Databricks in March 2024.. Lilac offers products and services including Data Search Tool, Product Clustering, Data Editing Tool, and Signal Detection. Lilac operates in a competitive market with competitors including Snorkel AI, DataLoop, Encord, Labelbox and Granica, among others.
- Headquarter Boston, United States
- Founders Daniel Smilkov, Nikhil Thorat
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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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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Databricks
(Mar 20, 2024)
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Products & Services of Lilac
Lilac offers a comprehensive portfolio of products and services, including Data Search Tool, Product Clustering, Data Editing Tool, and Signal Detection. 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.
Enables semantic and keyword search in large datasets.
Clusters data points for efficient analysis and organization.
Allows editing and comparison of fields in datasets.
Detects PII, duplicates, and custom signals in data.
Funding Insights of Lilac
| 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 |
investors |
Investors in Lilac
Lilac has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Databricks. 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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Data, analytics, and AI capabilities are unified in a platform.
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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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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Lilac
| 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 - Lilac
| 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 |
investors |
Lilac Comparisons
Competitors of Lilac
Lilac 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 Snorkel AI, DataLoop, Encord, Labelbox and Granica, 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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AI development processes offering programmatic solutions
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Provider of an AI annotation and management platform
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Cloud based platform offering image and video analytics solutions
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Training data platform for AI applications is provided.
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| domain | founded_year | HQ Location |
AI efficiency platform for AI training
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| domain | founded_year | HQ Location |
Offers AI training data, annotation, and services for enterprise AI development.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lilac
When was Lilac founded?
Lilac was founded in 2023.
Where is Lilac located?
Lilac is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Lilac?
Daniel Smilkov is the current CEO of Lilac. They have also founded this company.
What does Lilac do?
Lilac was founded in 2023 in Boston, United States, within the data and AI sector. A platform is provided for developers to handle unstructured data through analysis, structuring, and cleaning processes. Solutions are powered by large language models to address data paradigms. Operations focus on enabling efficient data management for various applications.
Who are the top competitors of Lilac?
Lilac's top competitors include DataLoop, Snorkel AI and Encord.
What products or services does Lilac offer?
Lilac offers Data Search Tool, Product Clustering, Data Editing Tool, and Signal Detection.
Who are Lilac's investors?
Lilac has 1 investor. Key investors include Databricks.