rabbit

Los Angeles, United States Founded: 2020 • Age: 6 yrs
An AI agent is developed to automate digital tasks.

About rabbit

rabbit is a company based in Los Angeles (United States) founded in 2020 by Dan Ferris, Justin Oren, and Jesse Lyu.. rabbit has raised $64.7 million across 5 funding rounds from investors including Khosla Ventures, Shima Capital and Synergis Software. rabbit offers products and services including rabbit r1 and rabbitOS. rabbit operates in a competitive market with competitors including Elastic, Primer, Radius, Cohere and data.ai, among others.

  • Headquarter Los Angeles, United States
  • Founders Dan Ferris, Justin Oren, Jesse Lyu
  • Sectors
    Retail
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rabbit Movies Private Limited
  • Date of Incorporation 05 Mar, 2020
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Technology → Artificial Intelligence & Machine Learning
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
    $569.35 K (USD)
    89.3
    as on Mar 31, 2023
  • Net Profit
    $-935.08 (USD)
    -111.71
    as on Mar 31, 2023
  • EBITDA
    $24.73 K (USD)
    126.07
    as on Mar 31, 2023
  • Total Equity Funding
    $64.7 M (USD)

    in 5 rounds

  • Latest Funding Round
    $28.7 M (USD), Series B

    Mar 06, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of rabbit

rabbit offers a comprehensive portfolio of products and services, including rabbit r1 and rabbitOS. 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.

Primary

Device for handling AI tasks without subscription

Platform for advanced AI agent experiences

People of rabbit
Headcount 1-10
Employee Profiles 14
Employee Profiles
People
Simon Balmain
Community Manager
People
Dan Ferris
CSO & Co-founder
People
Jesse Lyu
Founder And CEO
People
Justin Oren
Chief Operations Officer

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Funding Insights of rabbit

rabbit has successfully raised a total of $64.7M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $28.7 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 Rounds 5
  • Last Round Series B — $28.7M
  • First Round

    (22 Nov 2021)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Series B - rabbit Valuation

investors

Dec, 2023 Amount Series A - rabbit Valuation Khosla Ventures
Sep, 2023 Amount Series A - rabbit Valuation Khosla Ventures
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 rabbit

rabbit has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Khosla Ventures, Shima Capital and Synergis Software. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage startups are funded by this venture capital firm.
Founded Year Domain Location
Early-stage startups are supported by a venture capital-backed accelerator.
Founded Year Domain Location
Venture capital is directed toward software, fintech, and commerce 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 rabbit

Investments
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 - rabbit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Rabbit Comparisons

Employees
+
Add Comparison
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Competitors of rabbit

rabbit 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 Elastic, Primer, Radius, Cohere and data.ai, 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.

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AI based text summarization and contextualization software tool
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Predictive marketing and sales platform
domain founded_year HQ Location
Text data analytics platform powered by AI for enterprises.
domain founded_year HQ Location
Market data is analyzed by AI to generate consumer insights.
domain founded_year HQ Location
Cloud-based social media monitoring and analytics are offered for businesses.
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 Rabbit

Frequently Asked Questions about rabbit

When was rabbit founded?

rabbit was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is rabbit located?

rabbit is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Who is the current CEO of rabbit?

Jesse Lyu is the current CEO of rabbit. They have also founded this company.

Is rabbit a funded company?

rabbit is a funded company, having raised a total of $64.7M across 5 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Nov 22, 2021.

What is the annual revenue of rabbit?

Annual revenue of rabbit is $569.35K as on Mar 31, 2023.

What does rabbit do?

Rabbit was founded in 2020 in Los Angeles, United States, within the AI and automation sector. Digital tasks are handled by its AI agent, which manages projects related to websites, reports, presentations, documents, and spreadsheets. Additional capabilities include image conversion, venue scouting, financial analysis, and the transformation of PDF books into interactive websites. Operations remain focused on practical AI applications for efficiency.

Who are the top competitors of rabbit?

rabbit's top competitors include Primer, Radius and Cohere.

What products or services does rabbit offer?

rabbit offers rabbit r1 and rabbitOS.

Who are rabbit's investors?

rabbit has 14 investors. Key investors include Khosla Ventures, Shima Capital, Synergis Software, SynergisCap, and Kakao Investment.

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