About Presence AI
Presence AI is a Technology company based in San Francisco (United States) founded in 2016, and was acquired by Groupon in August 2019. AI-based virtual assistants for customer support are provided. Presence AI has raised $120 thousand across 1 funding round from investors including Groupon, Techstars and Alexa Fund. Its focus areas include High Tech, Chatbots, Industry Agnostic and Customer Support. Its competitors include Dialpad, Freshworks and Twilio; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website presence.ai/waiting-list
- Social LinkedIn X Facebook
- Acquired by Groupon (Aug 2019)
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.
- Total Funding $120,000
- Total Rounds 1
- Last Round Seed — $120,000
- First Round $120,000
(Jul 2018)
- Investors Count 2
All 1 funding rounds of Presence AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2018 | $120,000 | Seed | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
| alexafund.com | Seattle, United States | |||
Online marketplace offering deals on multi-category products and services | 2007 | groupon.com | Chicago, United States |
Investor details for Presence AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Presence AI
3 dated milestones of Presence AI across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Presence AI is founded.
- Funding First funding round of $120K.
- Exit Acquired by Groupon.
Competitors of Presence AI
Presence AI has 3 listed competitors in our database, 3 of them funded. They include Dialpad, Freshworks and Twilio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dialpad.com | 2011 | San Ramon, United States | $475.91M | 119 | Cloud-based unified communication solutions including voice and video are provided. | |
| freshworks.com | 2010 | San Mateo, United States | $400.05M | 4,400 | Cloud-based business process management suite solutions are delivered. | |
| twilio.com | 2008 | San Francisco, United States | $239.77M | 231 | Cloud-based omnichannel communication and customer engagement platform is utilized. |
Detailed competitors of Presence AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Presence AI
The website of Presence AI (presence.ai) receives about 6.1K visits a month.
- Monthly visits6.1K
▲ 12.3% vs previous month
Top companies in Chatbots
3 companies that operate in the same segment as Presence AI (Chatbots) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
Cloud-based business process management suite solutions are delivered. | 2010 | San Mateo, California, United States | USD 400.05 M | USD 838.81 M | 4,500 | |
AI-based conversational solutions are provided for user interactions and learning. | 2021 | Menlo Park, California, United States | USD 193 M | 325 |
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
Related news about Presence Ai
Complete news archive for Presence AI
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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. The company's 1st funding round was a Seed of $120K, raised on Jul 2018.
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.
Yes. Presence AI was acquired by Groupon in August 2019.