About Rephrase.ai
Rephrase.ai is a company based in Bengaluru (India) founded in 2019 was acquired by Adobe in November 2023.. Rephrase.ai has raised $12.1 million across 2 funding rounds from investors including Adobe, Red Ventures and Lightspeed India. The company has 32 employees as of April 07, 2024. Rephrase.ai operates in a competitive market with competitors including Synthesia, HeyGen, Pika Labs, Unscript and Kapwing, among others.
- Headquarter Bengaluru, India
- Employees 32 as on 07 Apr, 2024
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Rephrase Technologies Private Limited
- Date of Incorporation 12 Jul, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.82 M (USD)239.24as on Mar 31, 2023
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Net Profit
$178.33 K (USD)81.74as on Mar 31, 2023
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EBITDA
$455.88 K (USD)117.91as on Mar 31, 2023
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Total Equity Funding
$12.1 M (USD)
in 2 rounds
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Latest Funding Round
$10.6 M (USD), Series A
Sep 16, 2022
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Investors
Adobe
& 5 more
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Employee Count
32
as on Apr 07, 2024
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Acquired by
Adobe
(Nov 22, 2023)
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Funding Insights of Rephrase.ai
Rephrase.ai has successfully raised a total of $12.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.6 million completed in September 2022. 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 2
- Last Round Series A — $10.6M
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First Round
First Round
(25 Sep 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - Rephrase.ai | Valuation | Red Ventures | |
| Sep, 2020 | Amount | Seed - Rephrase.ai | Valuation | AV8 Ventures , Lightspeed India |
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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 |
Investors in Rephrase.ai
Rephrase.ai has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Adobe, Red Ventures and Lightspeed India. 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.
| Investor | Description | Founded Year | Domain | Location |
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Technology investing and private equity firm focused on partnerships.
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Founded Year | Domain | Location | |
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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Early-stage startups are supported by AV8 Ventures through investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rephrase.ai
| 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 - Rephrase.ai
| 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 |
Rephrase.Ai Comparisons
Competitors of Rephrase.ai
Rephrase.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 Synthesia, HeyGen, Pika Labs, Unscript and Kapwing, 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 |
AI-based dubbing and subtitling solutions are provided for video content.
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| domain | founded_year | HQ Location |
AI-powered video creation platform
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| domain | founded_year | HQ Location |
Developer of a platform for creating and interacting with digital art
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| domain | founded_year | HQ Location |
Videos are generated from scripts via AI algorithms.
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| domain | founded_year | HQ Location |
Video creation and editing platform
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| domain | founded_year | HQ Location |
Videos from text are generated via AI-powered SaaS platform.
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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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Latest news on Rephrase.Ai
Frequently Asked Questions about Rephrase.ai
When was Rephrase.ai founded?
Rephrase.ai was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Rephrase.ai located?
Rephrase.ai is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Rephrase.ai a funded company?
Rephrase.ai is a funded company, having raised a total of $12.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Sep 25, 2020.
How many employees does Rephrase.ai have?
As of Apr 07, 2024, the latest employee count at Rephrase.ai is 32.
What is the annual revenue of Rephrase.ai?
Annual revenue of Rephrase.ai is $2.82M as on Mar 31, 2023.
What does Rephrase.ai do?
Rephrase.ai was founded in 2019 in Bengaluru, India, within the AI technology sector. Videos are created through an AI platform that supports AB testing for variant comparisons, personalization for targeted content, educational formats, and adaptations of corporate training materials. Operations focus on streamlining video production for businesses, with services delivered via the rephrase.ai domain.
Who are the top competitors of Rephrase.ai?
Who are Rephrase.ai's investors?
Rephrase.ai has 6 investors. Key investors include Adobe, Red Ventures, Lightspeed India, Silver Lake, and 8VC.
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