Presence AI

San Francisco, United States Founded: 2016 • Age: 10 yrs Acquired By Groupon
AI-based virtual assistants for customer support are provided.
Annual revenue - Latest available
Total funding $120,000 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Presence AI

Presence AI is a company based in San Francisco (United States) founded in 2016 was acquired by Groupon in August 2019. Presence AI has raised $120 thousand across 1 funding round from investors including Groupon, Techstars and Alexa Fund. Presence AI operates in a competitive market with competitors including Dialpad, Freshworks, Twilio, Sprinklr and Observe.AI, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $120 K (USD)

    in 1 rounds

  • Latest Funding Round
    $120 K (USD), Seed

    Jul 23, 2018

  • Investors
    Groupon

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Groupon

    (Aug 08, 2019)

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Funding Insights of Presence AI

Presence AI has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in July 2018. 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 Presence AI

Presence AI has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Groupon, Techstars and Alexa Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
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Online marketplace offering deals on multi-category products and services
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Investor details for Presence AI

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Investments & Acquisitions by Presence AI

Investments
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Investment portfolio details for Presence AI

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Financial Statements - Presence AI

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Detailed financials for Presence AI

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Presence Ai Comparisons

Presence AI Primary company
Description
AI-based virtual assistants for customer support are provide...
Location
San Francisco, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Presence AI

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Competitors of Presence AI

Presence AI 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 Dialpad, Freshworks, Twilio, Sprinklr and Observe.AI, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based unified communication solutions including voice and video are provided.
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Cloud-based business process management suite solutions are delivered.
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Cloud-based omnichannel communication and customer engagement platform is utilized.
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Cloud-based customer experience management software is provided for brands.
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AI-powered conversation intelligence and automation are provided for contact centers.
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Tools for customer engagement across multiple channels are provided.
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Detailed competitors of Presence AI

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Latest news on Presence Ai

Groupon Buys Presence AI
Rttnews6 years ago
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Complete news archive for Presence AI

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Frequently Asked Questions about Presence AI

Presence AI was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Presence AI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Presence AI is a funded company, having raised a total of $120K across 1 funding round to date.

Presence was founded in 2016 in San Francisco, United States, and operates in the AI sector focused on customer support tools. Smart virtual assistants are offered to handle interactions for businesses. Integration is enabled for customers and owners, with messages sent to owners only as needed. Compatibility is provided with Facebook Messenger, SMS, and Twitter platforms. Functions include scheduling services, booking calls, and detailing business offerings to users.

Presence AI's top competitors include Twilio, Freshworks and Dialpad.

Presence AI has 3 investors. Key investors include Groupon, Techstars, and Alexa Fund.

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