Persado

New York, United States Founded: 2012 • Age: 14 yrs
AI-enabled marketing optimization solutions are provided for various industries.
Annual revenue - Latest available
Total funding $66.0M 4 rounds
Employees 145 Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 6 Brand Intelligence

About Persado

Persado is a company based in New York (United States) founded in 2012 by Moray Maclennan, Assaf Baciu, and Alex Vratskides. Persado has raised $66 million across 4 funding rounds from investors including Goldman Sachs, SVB and Bain Capital Ventures. The company has 145 employees as of December 31, 2023. Persado offers products and services including Motivation AI, Generate & Predict, and Generate & Experiment. Persado operates in a competitive market with competitors including Vobile, Narrative Science, Largo, Opentopic and Ivitec, among others.

  • Headquarter New York, United States
  • Employees 145 as on 31 Dec, 2023
  • Founders Moray Maclennan, Assaf Baciu, Alex Vratskides
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $66 M (USD)

    in 4 rounds

  • Latest Funding Round
    $30 M (USD), Debt – Conventional

    Oct 24, 2017

  • Investors
  • Employee Count
    145

    as on Dec 31, 2023

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Products & Services of Persado

Persado offers a comprehensive portfolio of products and services, including Motivation AI, Generate & Predict, and Generate & Experiment.

Product name locked
Category locked
Primary

Generates personalized marketing content for better engagement

Product name locked
Category locked
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Predicts effective messages using consumer data analysis

Product name locked
Category locked
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Experiments with language to improve conversion rates

People of Persado

Headcount 200-500
Employee Profiles 99
Board Members and Advisors 7
Employee Profiles
People
Yuval Efrati
Chief Customer Officer
People
Assaf Baciu
Co-Founder and Chief Operating Officer
People
Alex Vratskides
Co-Founder and CEO
People
Clinton Armstrong
Senior Manager, Campaign Delivery & Onboarding

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Board Members and Advisors
people
Scott Friend
Director
people
Marni Walden
Independent Director
people
Lawrence Whittle
Investor And Advisor
people
Somesh Khanna
Director

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Funding Insights of Persado

Persado has successfully raised a total of $66M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in October 2017. 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 Persado

Persado has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, SVB and Bain Capital Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund focused on investing in multiple sectors
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Growth equity firm investing in technology-enabled B2B services in New York.
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Corporate venture capital firm backed by Citi
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Investor details for Persado

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Investments & Acquisitions by Persado

Investments
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Investment portfolio details for Persado

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Persado

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Detailed financials for Persado

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  • Profit trends
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Persado Comparisons

Persado Primary company
Description
AI-enabled marketing optimization solutions are provided for...
Location
New York, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
145
As of 2023
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Peer comparison for Persado

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Competitors of Persado

Persado 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 Vobile, Narrative Science, Largo, Opentopic and Ivitec, among others.

Company Name Domain Founded year HQ Location Description
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Film rights management solutions are provided via a SaaS platform.
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Data is analyzed and transformed into narrative reports using AI.
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AI-based content analysis solutions are provided for media insights.
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Provides a comprehensive suite for content marketing strategies.
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Provides automatic content recognition software for media monitoring and advertising tracking.
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Detailed competitors of Persado

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Latest news on Persado

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Complete news archive for Persado

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Persado

Persado was founded in 2012 and raised its 1st funding round 1 year after it was founded.

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

Moray Maclennan is the current CEO of Persado. They have also founded this company.

Persado is a funded company, having raised a total of $66M across 4 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Persado is 145.

Persado was founded in 2012 in New York, United States, as a provider of AI-driven tools for marketing message optimization. Semantic and statistical algorithms are employed to analyze language patterns and generate effective online content. Integration occurs with CRM systems, content management, and advertising platforms. Services are extended to sectors including healthcare, finance, retail, travel, and telecommunications, supporting data-informed campaign enhancements across digital channels.

Persado's top competitors include Vobile, Narrative Science and Largo.

Persado offers Motivation AI, Generate & Predict, and Generate & Experiment.

Persado has 7 investors. Key investors include Goldman Sachs, SVB, Bain Capital Ventures, StarVest Partners, and Citi Ventures.

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