About Maluuba
Maluuba is a company based in Waterloo (Canada) founded in 2012 was acquired by Microsoft in January 2017.. Maluuba has raised $8.2 million across 3 funding rounds from investors including Microsoft, Credit Mutuel Equity and Nautilus Venture Partners. Maluuba operates in a competitive market with competitors including OpenAI, Hugging Face, Infobip, Mobvoi and Hyro, among others.
- Headquarter Waterloo, Canada
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Maluuba
Maluuba has successfully raised a total of $8.2M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.2 million completed in January 2016. 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 3
- Last Round Series A — $6.2M
-
First Round
First Round
(01 Jun 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Series A - Maluuba | Valuation |
investors |
|
| Oct, 2012 | Amount | Grant - Maluuba | Valuation |
investors |
|
| Jun, 2012 | Amount | Series A - Maluuba | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Maluuba
Maluuba has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Credit Mutuel Equity and Nautilus Venture Partners. 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 |
|---|---|---|---|---|
|
Private equity and VC investments are directed toward multiple sectors.
|
Founded Year | Domain | Location | |
|
Early-stage US tech companies are funded by Nautilus Venture Partners.
|
Founded Year | Domain | Location | |
|
Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Maluuba
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Maluuba
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Maluuba Comparisons
Competitors of Maluuba
Maluuba 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 OpenAI, Hugging Face, Infobip, Mobvoi and Hyro, 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 |
OpenAI is engaged in developing advanced artificial intelligence technologies.
|
|
| domain | founded_year | HQ Location |
A platform for the AI community to collaborate and build.
|
|
| domain | founded_year | HQ Location |
Cloud-based messaging and communication solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Developer of AI-powered voice interaction and generative AI technologies
|
|
| domain | founded_year | HQ Location |
An AI-based conversational platform is provided for healthcare task automation.
|
|
| domain | founded_year | HQ Location |
Conversational AI platform for enterprises is provided by Avaamo.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Maluuba
When was Maluuba founded?
Maluuba was founded in 2012.
Where is Maluuba located?
Maluuba is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Is Maluuba a funded company?
Maluuba is a funded company, having raised a total of $8.2M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Jun 01, 2012.
What does Maluuba do?
Maluuba uses deep learning algorithms to develop and improve machine reading comprehension.The company provides the solution for Machine reading comprehension and conversational user interfaces. The company claims that its natural language technology has been deployed across more than 50 million devices in the smartphone, smart TV, and IoT industries in over 10 languages. Maluuba has built a program called EpiReader. Its designed to solve a specific kind of machine comprehension task: a word is removed from a block of text and EpiReader determines the missing word based on context.
Who are the top competitors of Maluuba?
Maluuba's top competitors include OpenAI, Hugging Face and Mobvoi.
Who are Maluuba's investors?
Maluuba has 5 investors. Key investors include Microsoft, Credit Mutuel Equity, Nautilus Venture Partners, FedDev Ontario, and Samsung Ventures.