About Omniscience
Omniscience is a company based in Palo Alto (United States) founded in 2000 by Manu Shukla.. Omniscience has raised $13.71 million across 3 funding rounds from investors including Plug and Play Tech Center, Guardian and RGAX. The company has 4 employees as of December 31, 2022. Omniscience offers products and services including Underwriting Automation, Document AI Decision Engine, and Risk Ops Platform. Omniscience operates in a competitive market with competitors including Databricks, iPipeline, Sisense, Altair and Dataiku, among others.
- Headquarter Palo Alto, United States
- Employees 4 as on 31 Dec, 2022
- Founders Manu Shukla
-
Sectors
Financial ServicesTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Omniscience Corporation
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$13.71 M (USD)
in 3 rounds
-
Latest Funding Round
$12 M (USD), Series A
Mar 09, 2020
-
Investors
Plug and Play Tech Center
& 3 more
-
Employee Count
4
as on Dec 31, 2022
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
Products & Services of Omniscience
Omniscience offers a comprehensive portfolio of products and services, including Underwriting Automation, Document AI Decision Engine, and Risk Ops Platform. 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.
Automates life insurance decisions using advanced algorithms
Processes documents for high-stakes decision-making support
Manages operational risks in complex business environments
Unlock access to complete
Unlock access to complete
Funding Insights of Omniscience
Omniscience has successfully raised a total of $13.71M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in March 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 3
- Last Round Series A — $12.0M
-
First Round
First Round
(14 Sep 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series A - Omniscience | Valuation | Guardian , RGAX | |
| Mar, 2016 | Amount | Seed - Omniscience | Valuation |
investors |
|
| Sep, 2010 | Amount | Seed - Omniscience | 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 Omniscience
Omniscience has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Guardian and RGAX. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
US & Asia focused seed, early & expansion stage VC firm
|
Founded Year | Domain | Location | |
|
Startups are accelerated and invested in across multiple tech 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 Omniscience
| 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 - Omniscience
| 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 |
Omniscience Comparisons
Competitors of Omniscience
Omniscience 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 Databricks, iPipeline, Sisense, Altair and Dataiku, 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 |
Data, analytics, and AI capabilities are unified in a platform.
|
|
| domain | founded_year | HQ Location |
Cloud-based software is offered for life insurance and financial services.
|
|
| domain | founded_year | HQ Location |
Business intelligence and data analysis solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
AI-powered data science platform enables model deployment and analytics insights.
|
|
| domain | founded_year | HQ Location |
Platform offering AI and web-based data science platform
|
|
| domain | founded_year | HQ Location |
IT consulting and digital transformation services are provided globally.
|
| 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.
|
Latest news on Omniscience
Frequently Asked Questions about Omniscience
When was Omniscience founded?
Omniscience was founded in 2000 and raised its 1st funding round 10 years after it was founded.
Where is Omniscience located?
Omniscience is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Omniscience a funded company?
Omniscience is a funded company, having raised a total of $13.71M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.71M, raised on Sep 14, 2010.
How many employees does Omniscience have?
As of Dec 31, 2022, the latest employee count at Omniscience is 4.
What does Omniscience do?
Founded in 2000 and based in Palo Alto, United States, Omniscience develops AI-based software for the life insurance industry. Tools for data extraction, analysis, management, risk assessment, underwriting support, auditing, and claims optimization are included in the suite. Additional software solutions are provided for the broader financial services sector.
Who are the top competitors of Omniscience?
Omniscience's top competitors include Databricks, Altair and DataRobot.
What products or services does Omniscience offer?
Omniscience offers Underwriting Automation, Document AI Decision Engine, and Risk Ops Platform.
Who are Omniscience's investors?
Omniscience has 4 investors. Key investors include Plug and Play Tech Center, Guardian, RGAX, and TransLink Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.