About Theremin Ai
Theremin Ai is a company based in Mumbai (India) founded in 2018. It operates as a B2B. Theremin Ai has raised $1.61 million across 2 funding rounds from investors including Fractal Analytics, Gulu Mirchandani and Gulu Mirchandani. The company has 5 employees as of March 31, 2023. Theremin Ai offers products and services including AI Algorithms and Investment Strategies. Theremin Ai operates in a competitive market with competitors including BridgeWise, Vanda Research, Sibli, SignalRank and Meticulate, among others.
- Headquarter Mumbai, India
- Employees 5 as on 31 Mar, 2023
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
- Legal Name Theremin Ai Solutions Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$30.3 K (USD)18.92as on Mar 31, 2023
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Net Profit
$-1.55 M (USD)-396.49as on Mar 31, 2023
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EBITDA
$-570.47 K (USD)-70.11as on Mar 31, 2023
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Total Equity Funding
$1.61 M (USD)
in 2 rounds
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Latest Funding Round
$393.3 K (USD), Series A
Mar 05, 2022
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Investors
Fractal Analytics
& 3 more
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Employee Count
5
as on Mar 31, 2023
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Products & Services of Theremin Ai
Theremin Ai offers a comprehensive portfolio of products and services, including AI Algorithms and Investment Strategies. 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.
Self-learning AI for detecting trading opportunities in financial data
Algorithms for portfolio diversification and automatic decision-making
Funding Insights of Theremin Ai
Theremin Ai has successfully raised a total of $1.61M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $393.3 thousand completed in March 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 — $393,303
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First Round
First Round
(30 Sep 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - Theremin Ai | Valuation | Gulu Mirchandani , Fractal Analytics |
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| Sep, 2020 | Amount | Series A - Theremin Ai | Valuation | OLMO Capital , Gulu Mirchandani |
| 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 Theremin Ai
Theremin Ai has secured backing from 4 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Fractal Analytics, Gulu Mirchandani and Gulu Mirchandani. 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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Cold storage and supply chain are targeted by OLMO Capital.
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Founded Year | Domain | Location | |
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Artificial intelligence and analytics solutions are provided for enterprise transformation.
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Founded Year | Domain | Location | |
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GM
Gulu Mirchandani |
Founder of Onida Electronics, prominent angel investor in Indian startups
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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 Theremin 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 - Theremin 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 |
Theremin Ai Comparisons
Competitors of Theremin Ai
Theremin 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 BridgeWise, Vanda Research, Sibli, SignalRank and Meticulate, 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 stock analysis is provided through an online insight platform.
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| domain | founded_year | HQ Location |
Provider of investment research solutions
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| domain | founded_year | HQ Location |
AI-powered investment research is provided for institutional investors.
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| domain | founded_year | HQ Location |
Credit risk assessment solutions are offered via an AI-based platform.
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| domain | founded_year | HQ Location |
AI-powered business research is delivered to finance professionals.
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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 Theremin Ai
Frequently Asked Questions about Theremin Ai
When was Theremin Ai founded?
Theremin Ai was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Theremin Ai located?
Theremin Ai is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Theremin Ai a funded company?
Theremin Ai is a funded company, having raised a total of $1.61M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.21M, raised on Sep 30, 2020.
How many employees does Theremin Ai have?
As of Mar 31, 2023, the latest employee count at Theremin Ai is 5.
What is the annual revenue of Theremin Ai?
Annual revenue of Theremin Ai is $30.3K as on Mar 31, 2023.
What does Theremin Ai do?
Theremin.ai is an AI-driven company that develops self-learning algorithms to detect opportunities in financial data for automatic trading decisions. It focuses on machine learning, deep learning, and reinforcement learning, utilizing over 15 years of market data. Based in India, it serves investors and financial institutions through innovative strategies, emphasizing research and development in stochastic optimization and autonomous systems.
Who are the top competitors of Theremin Ai?
Theremin Ai's top competitors include BridgeWise, Vanda Research and SignalRank.
What products or services does Theremin Ai offer?
Theremin Ai offers AI Algorithms and Investment Strategies.
Who are Theremin Ai's investors?
Theremin Ai has 4 investors. Key investors include Fractal Analytics, Gulu Mirchandani, Gulu Mirchandani, and OLMO Capital.
What is Theremin Ai's valuation?
The valuation of Theremin Ai is $3.55M as of Mar 2022.