About PowerML
PowerML is a company based in Colombia founded in 2022 by Sharon Zhou.. PowerML has raised $24.83 million across 1 funding round. PowerML operates in a competitive market with competitors including Tessl, Traceloop, Bito, LibLab and Zaraz, among others.
- Headquarter Colombia
- Founders Sharon Zhou
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Sectors
Technology
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.83 M (USD)
in 1 rounds
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Latest Funding Round
$24.83 M (USD), Series B
Mar 13, 2024
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Investors
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Employee Count
Employee Count
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Funding Insights of PowerML
PowerML has successfully raised a total of $24.83M through 1 strategic funding round. The most recent funding activity was a Series B round of $24.83 million completed in March 2024. 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 Series B — $24.8M
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First Round
First Round
(13 Mar 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series B - PowerML | Valuation |
investors |
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| 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 |
Investments & Acquisitions by PowerML
| 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 - PowerML
| 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 |
Powerml Comparisons
Competitors of PowerML
PowerML 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 Tessl, Traceloop, Bito, LibLab and Zaraz, 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 |
Developer of AI-powered platform for autonomous software evolution using natural language
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| domain | founded_year | HQ Location |
Platform offering code generation software
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| domain | founded_year | HQ Location |
Developer of an AI code review agent for software development
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| domain | founded_year | HQ Location |
Cloud-based code generation for SDKs is offered by LibLab.
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| domain | founded_year | HQ Location |
Limited information is available on Zaraz's core activities.
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| 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 PowerML
When was PowerML founded?
PowerML was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is PowerML located?
PowerML is headquartered in Colombia.
Who is the current CEO of PowerML?
Sharon Zhou is the current CEO of PowerML. They have also founded this company.
Is PowerML a funded company?
PowerML is a funded company, having raised a total of $24.83M across 1 funding round to date. The company's 1st funding round was a Series B of $24.83M, raised on Mar 13, 2024.
What does PowerML do?
PowerML was founded in 2022 in Colombia as a platform in the AI software sector. AI-driven code generation tools are offered to enable automated writing and production of code. A self-analytic system is provided for developers to construct data applications without manual coding. Insights from data are extracted through a no-code generator where AI handles code creation and analysis processes.