About Suki
Suki is a company based in Redwood City (United States) founded in 2017 by Punit Singh Soni.. Suki has raised $165 million across 6 funding rounds from investors including Philips, Zoom and Social Capital. The company has 62 employees as of April 08, 2024. Suki offers products and services including Suki Assistant and Suki Platform. Suki operates in a competitive market with competitors including Augmedix, Corti, Abridge Inc and DeliverHealth Solutions, among others.
- Headquarter Redwood City, United States
- Employees 62 as on 08 Apr, 2024
- Founders Punit Singh Soni
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Sectors
HealthcareTechnology
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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 Suki.Ai India Private Limited
- Date of Incorporation 07 Dec, 2020
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$2.87 M (USD)168.59as on Mar 31, 2023
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Net Profit
$311.81 K (USD)168.58as on Mar 31, 2023
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EBITDA
$456.04 K (USD)157.74as on Mar 31, 2023
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Total Equity Funding
$165 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Philips
& 16 more
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Employee Count
62
as on Apr 08, 2024
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Products & Services of Suki
Suki offers a comprehensive portfolio of products and services, including Suki Assistant and Suki Platform. 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.
Tool for ambient documentation and EHR integration for clinicians
Comprehensive solution for health system AI needs
Unlock access to complete
Funding Insights of Suki
Suki has successfully raised a total of $165M across 6 strategic funding rounds. 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 6
- Last Round Last Round
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First Round
First Round
(01 Jun 2017)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series D - Suki | Valuation |
investors |
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| Oct, 2024 | Amount | Series D - Suki | Valuation | Hedosophia | |
| Dec, 2021 | Amount | Series C - Suki | Valuation | March Capital |
| 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 Suki
Suki has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Philips, Zoom and Social Capital. 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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Investments in growth-stage companies are made by Hedosophia.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Venture capital firm investing in multiple sectors
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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 Suki
| 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 - Suki
| 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 |
Suki Comparisons
Competitors of Suki
Suki 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 Augmedix, Corti, Abridge Inc and DeliverHealth Solutions, 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-powered solutions for medical documentation and clinical support are delivered.
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| domain | founded_year | HQ Location |
Developer of a diagnostic aid for emergency medical dispatchers using speech recognition technology
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| domain | founded_year | HQ Location |
AI-based platform for recording and managing health conversations is provided.
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| domain | founded_year | HQ Location |
EHR management software is provided for healthcare professionals and organizations.
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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 Suki
Frequently Asked Questions about Suki
When was Suki founded?
Suki was founded in 2017.
Where is Suki located?
Suki is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Who is the current CEO of Suki?
Punit Singh Soni is the current CEO of Suki. They have also founded this company.
Is Suki a funded company?
Suki is a funded company, having raised a total of $165M across 6 funding rounds to date. The company's 1st funding round was a Series C of $55M, raised on Jun 01, 2017.
How many employees does Suki have?
As of Apr 08, 2024, the latest employee count at Suki is 62.
What is the annual revenue of Suki?
Annual revenue of Suki is $2.87M as on Mar 31, 2023.
What does Suki do?
Suki was founded in 2017 and is headquartered in Redwood City, United States. AI-backed and voice-enabled solutions for medical documentation are offered by the company within the health technology sector. A digital assistant is utilized to transcribe doctor-patient conversations and assist in note creation through natural language speech. Natural language processing and cloud technologies are employed in operations to support healthcare professionals.
Who are the top competitors of Suki?
Suki's top competitors include Augmedix, Abridge Inc and Corti.
What products or services does Suki offer?
Suki offers Suki Assistant and Suki Platform.
Who are Suki's investors?
Suki has 17 investors. Key investors include Philips, Zoom, Social Capital, Hedosophia, and Venrock.
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