Merlyn Mind

New York, United States Founded: 2004 • Age: 22 yrs
AI-powered digital assistants for education are developed.
Annual revenue $789,112 Latest available
Total funding $29.0M 1 rounds
Employees 17 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 7 Brand Intelligence

About Merlyn Mind

Merlyn Mind is a company based in New York (United States) founded in 2004 by Ravi Kokku and Satya Nitta. Merlyn Mind has raised $29 million across 1 funding round from investors including Learn Ventures. The company has 17 employees as of April 09, 2024. Merlyn Mind offers products and services including Merlyn Origin and Merlyn Display. Merlyn Mind operates in a competitive market with competitors including Character.ai, Schoolnet India, Krutrim, Smart Technologies and Voiceitt, among others.

  • Headquarter New York, United States
  • Employees 17 as on 09 Apr, 2024
  • Founders Ravi Kokku, Satya Nitta
  • Sectors
    Education
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Merlyn Mind India Private Limited
  • Date of Incorporation 01 Dec, 2020
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $789.11 K (USD)
    812.23
    as on Mar 31, 2022
  • Net Profit
    $72.55 K (USD)
    933.19
    as on Mar 31, 2022
  • EBITDA
    $110.31 K (USD)
    997.73
    as on Mar 31, 2022
  • Total Equity Funding
    $29 M (USD)

    in 1 rounds

  • Latest Funding Round
    $29 M (USD), Series B

    Jun 22, 2021

  • Investors
  • Employee Count
    17

    as on Apr 09, 2024

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Products & Services of Merlyn Mind

Merlyn Mind offers a comprehensive portfolio of products and services, including Merlyn Origin and Merlyn Display.

Product name locked
Category locked
Primary

Software-based AI for controlling teacher computers in classrooms.

Product name locked
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Integrated AI for interactive panels to aid teaching activities.

People of Merlyn Mind

Headcount 50-200
Employee Profiles 39
Employee Profiles
People
Kristof Dziemianczyk
Sr. Staff Software Engineer
People
Maddy Goldfarb
Senior Commercial Counsel
People
Angela Crumdy, PhD
User Experience Researcher
People
Matt Woodward
Technical Implementation And Customer Success Manager

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Funding Insights of Merlyn Mind

Merlyn Mind has successfully raised a total of $29M through 1 strategic funding round. The most recent funding activity was a Series B round of $29 million completed in June 2021. 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.

Investors in Merlyn Mind

Merlyn Mind has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Learn Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Learn Ventures is focused on building educational technology ventures.
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Investor details for Merlyn Mind

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Investments & Acquisitions by Merlyn Mind

Investments
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Investment portfolio details for Merlyn Mind

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Financial Statements - Merlyn Mind

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Merlyn Mind Comparisons

Merlyn Mind Primary company
Description
AI-powered digital assistants for education are developed.
Location
New York, United States
Founded Year
2004
Annual Revenue
$789.11 K (USD)
Net Profit
$72.55 K (USD)
EBITDA
$110.31 K (USD)
Employees
17
As of 2024
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Peer comparison for Merlyn Mind

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Competitors of Merlyn Mind

Merlyn Mind 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 Character.ai, Schoolnet India, Krutrim, Smart Technologies and Voiceitt, among others.

Company Name Domain Founded year HQ Location Description
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AI-based conversational solutions are provided for user interactions and learning.
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K-12 digital learning solutions are provided for schools.
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AI tools and infrastructure are developed for generative applications.
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Smart classroom solutions for schools
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Virtual assistant tool for speech disabilities is developed and offered.
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Automated video collaboration tools are offered for education.
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Detailed competitors of Merlyn Mind

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Latest news on Merlyn Mind

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Complete news archive for Merlyn Mind

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Frequently Asked Questions about Merlyn Mind

Merlyn Mind was founded in 2004 and raised its 1st funding round 17 years after it was founded.

Merlyn Mind is headquartered in New York, United States. It is registered at New York, New York, United States.

Satya Nitta is the current CEO of Merlyn Mind. They have also founded this company.

Merlyn Mind is a funded company, having raised a total of $29M across 1 funding round to date.

As of Apr 09, 2024, the latest employee count at Merlyn Mind is 17.

Annual revenue of Merlyn Mind is $789.11K as on Mar 31, 2022.

Merlyn Mind was founded in 2004 in New York, United States. Operations center on the edtech sector, where AI-powered digital assistants are created to assist classroom technology management. These tools are deployed to enhance teaching and learning processes in various educational environments across the country. Co-founders Ravi Kokku and Satya Nitta lead the initiative, with the domain merlyn.org serving as the primary online presence.

Merlyn Mind's top competitors include Character.ai, Schoolnet India and Krutrim.

Merlyn Mind offers Merlyn Origin and Merlyn Display.

Merlyn Mind has 1 investor. Key investors include Learn Ventures.

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