About Tenyx
Tenyx is a company based in Palo Alto (United States) founded in 2022 was acquired by Salesforce in September 2024.. Tenyx has raised $15 million across 1 funding round from investors including Salesforce, AME Cloud Ventures and Cota Capital. Tenyx operates in a competitive market with competitors including PolyAI, Cognigy, TrustYou, Netcall and Flip CX, among others.
- Headquarter Palo Alto, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Seed
May 10, 2022
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Investors
Salesforce
& 6 more
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Employee Count
Employee Count
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Acquired by
Salesforce
(Sep 03, 2024)
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Funding Insights of Tenyx
Tenyx has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Seed round of $15 million completed in May 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 1
- Last Round Seed — $15.0M
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First Round
First Round
(10 May 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Tenyx | Valuation | AME Cloud Ventures , Cota Capital |
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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 Tenyx
Tenyx has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Salesforce, AME Cloud Ventures and Cota 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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AME Cloud Ventures is focused on investing in data-driven technology companies.
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Founded Year | Domain | Location | |
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Stage-agnostic venture capital investments are focused on US sectors.
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Founded Year | Domain | Location | |
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US based VC firm investing in seed stage
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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 Tenyx
| 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 - Tenyx
| 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 |
Tenyx Comparisons
Competitors of Tenyx
Tenyx 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 PolyAI, Cognigy, TrustYou, Netcall and Flip CX, 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 |
Conversational AI voice assistants are developed for enterprise customer service.
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| domain | founded_year | HQ Location |
Cognigy is recognized for developing conversational AI solutions for customer service.
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| domain | founded_year | HQ Location |
Cloud-based reputation management solutions are offered for hospitality industries.
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| domain | founded_year | HQ Location |
Multichannel contact centers and customer engagement systems are provided.
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| domain | founded_year | HQ Location |
AI voice assistants are developed for enterprise customer support.
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| domain | founded_year | HQ Location |
Developer of a business AI cloud platform and AI agent suite
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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 Tenyx
Frequently Asked Questions about Tenyx
When was Tenyx founded?
Tenyx was founded in 2022.
Where is Tenyx located?
Tenyx is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Tenyx?
Itamar Arel is the current CEO of Tenyx.
Is Tenyx a funded company?
Tenyx is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Seed of $15M, raised on May 10, 2022.
What does Tenyx do?
Tenyx was founded in 2022 and is based in Palo Alto, United States. Operations focus on the AI sector, where neuroscience-inspired technology is utilized to develop voice-based agents for customer service automation. Automated solutions are enabled for deployment directly on the platform, supporting efficient integration for users in various applications.
Who are the top competitors of Tenyx?
Who are Tenyx's investors?
Tenyx has 7 investors. Key investors include Salesforce, AME Cloud Ventures, Cota Capital, Morado Ventures, and Pathbreaker Ventures.