Skit.ai

Bengaluru, India Founded: 2016 • Age: 10 yrs
AI-powered platform for automating debt collection processes is provided.
Annual revenue $607,648 Latest available
Total funding $47.6M 5 rounds
Employees 117 Tracked headcount
Investors 94 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Skit.ai

Skit.ai is a company based in Bengaluru (India) founded in 2016 by Akshay Deshraj and Sourabh Gupta. It operates as a AI-as-a-Service, Subscription Services, and FinTech. Skit.ai has raised $47.63 million across 5 funding rounds from investors including Angel List, Wellfound and LetsVenture. The company has 117 employees as of April 07, 2024. Skit.ai offers products and services including Collections Intelligence Platform, Cognitive AI Assistants, and Omnichannel AI. Skit.ai operates in a competitive market with competitors including LivePerson, Kustomer, ASAPP, EliseAI and TrustYou, among others.

  • Headquarter Bengaluru, India
  • Employees 117 as on 07 Apr, 2024
  • Founders Akshay Deshraj, Sourabh Gupta
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Skit Usa Inc.
  • Date of Incorporation 04 Oct, 2016
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $607.65 K (USD)
    424.76
    as on Mar 31, 2021
  • Net Profit
    -$1.62 M (USD)
    -196.81
    as on Mar 31, 2021
  • EBITDA
    -$1.64 M (USD)
    -207.98
    as on Mar 31, 2021
  • Total Equity Funding
    $47.63 M (USD)

    in 5 rounds

  • Latest Funding Round
    $16.7 M (USD), Series B

    May 24, 2023

  • Investors
    Angel List

    & 93 more

  • Employee Count
    117

    as on Apr 07, 2024

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Products & Services of Skit.ai

Skit.ai offers a comprehensive portfolio of products and services, including Collections Intelligence Platform, Cognitive AI Assistants, and Omnichannel AI.

Product name locked
Category locked
Primary

AI-driven platform for optimizing debt collection strategies.

Product name locked
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Voice and chat solutions for customer support automation.

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Integrated voice, SMS, email, and chat automation tools.

People of Skit.ai

Headcount 200-500
Employee Profiles 38
Employee Profiles
People
Abhilasha Ekka
Head Of Administration (new York, India)
People
Rudra R.
Software Engineer
People
Anurag Sharma
Business Analyst
People
Adarsh S Moni
Data Engineer/engineering

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Funding Insights of Skit.ai

Skit.ai has successfully raised a total of $47.63M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $16.7 million completed in May 2023. 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 Skit.ai

Skit.ai has secured backing from 94 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and LetsVenture.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Investment in B2B technology ventures from India for global markets.
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Investments in early-stage technology companies are made by Kalaari Capital.
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Investor details for Skit.ai

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Investments & Acquisitions by Skit.ai

Investments
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Investment portfolio details for Skit.ai

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Financial Statements - Skit.ai

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Detailed financials for Skit.ai

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Skit.Ai Comparisons

Skit.ai Primary company
Description
AI-powered platform for automating debt collection processes...
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
$607.65 K (USD)
Net Profit
-$1.62 M (USD)
EBITDA
-$1.64 M (USD)
Employees
117
As of 2024
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Peer comparison for Skit.ai

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Competitors of Skit.ai

Skit.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 LivePerson, Kustomer, ASAPP, EliseAI and TrustYou, among others.

Company Name Domain Founded year HQ Location Description
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Conversational AI platform is provided for digital customer experiences.
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Cloud-based customer service CRM platform
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AI-based customer experience solutions for service agents are provided.
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Conversational AI platforms are provided for housing and healthcare automation.
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Cloud-based reputation management solutions are offered for hospitality industries.
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AI-based data integration and knowledge management solutions are offered.
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Detailed competitors of Skit.ai

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Latest news on Skit.Ai

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Complete news archive for Skit.ai

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Frequently Asked Questions about Skit.ai

Skit.ai was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Skit.ai is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Sourabh Gupta is the current CEO of Skit.ai. They have also founded this company.

Skit.ai is a funded company, having raised a total of $47.63M across 5 funding rounds to date.

As of Apr 07, 2024, the latest employee count at Skit.ai is 117.

Annual revenue of Skit.ai is $607.65K as on Mar 31, 2021.

Skit.ai is focused on transforming debt collection through AI-native solutions. The company operates in the technology and financial sectors, offering a Collections Intelligence Platform that leverages Generative AI for personalized strategies and real-time adaptation. Services are provided across industries like auto finance, healthcare, banking, and fintech. Omnichannel communication tools, including voice, SMS, email, and chat, are integrated to enhance customer engagement. Compliance with federal and state regulations is prioritized, ensuring data privacy and security. Solutions are designed to scale operations, reduce costs, and improve recovery rates for creditors and collection agencies globally.

Skit.ai's top competitors include LivePerson, ASAPP and EliseAI.

Skit.ai offers Collections Intelligence Platform, Cognitive AI Assistants, and Omnichannel AI.

Skit.ai has 94 investors. Key investors include Angel List, Wellfound, LetsVenture, WestBridge Capital, and Indian Angel Network Fund.

The valuation of Skit.ai is $66.01M as of May 2023.

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