About Macheye
Macheye is a company based in San Jose (United States) founded in 2018 by Ramesh Panuganty, Dhiren Patel, and Varun Kohli was acquired by Verint in June 2024.. Macheye has raised $4.6 million across 1 funding round from investors including Verint, Canaan and WestWave Capital. Macheye offers products and services including Open Platform and AI Bots.
- Headquarter San Jose, United States
- Founders Ramesh Panuganty, Dhiren Patel, Varun Kohli
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Sectors
TechnologyRetail
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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 Verint Systems Inc
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Products & Services of Macheye
Macheye offers a comprehensive portfolio of products and services, including Open Platform and AI Bots. 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.
A cloud-native platform is offered for CX automation and AI integration
AI bots are provided for enhancing customer interactions and agent support
Funding Insights of Macheye
Macheye has successfully raised a total of $4.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.6 million completed in October 2020. 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 Seed — $4.6M
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First Round
First Round
(21 Oct 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Seed - Macheye | Valuation | Canaan |
| 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 Macheye
Macheye has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Verint, Canaan and WestWave Capital. 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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Canaan is recognized as an early-stage venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage enterprise startups are funded by WestWave Capital.
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Founded Year | Domain | Location | |
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AI-powered customer experience automation solutions are provided by Verint.
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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 Macheye
| 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 - Macheye
| 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 |
Macheye Comparisons
Competitors of Macheye
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Macheye
When was Macheye founded?
Macheye was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Macheye located?
Macheye is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of Macheye?
Ramesh Panuganty is the current CEO of Macheye. They have also founded this company.
Is Macheye a funded company?
Macheye is a funded company, having raised a total of $4.6M across 1 funding round to date. The company's 1st funding round was a Seed of $4.6M, raised on Oct 21, 2020.
What does Macheye do?
An audio-based business intelligence platform was founded in 2018 in San Jose, United States. Insights for enterprises are generated as auto-created audiovisuals accessible remotely. The cloud-based system connects to data warehouses, enabling integration with existing analytics tools, infrastructure, and personnel. Operations focus on preserving legacy investments while supporting data-driven decision-making in the business intelligence sector.
What products or services does Macheye offer?
Macheye offers Open Platform and AI Bots.
Who are Macheye's investors?
Macheye has 3 investors. Key investors include Verint, Canaan, and WestWave Capital.
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