About thesys
thesys is a company based in San Francisco (United States) founded in 2023 by Parikshit Deshmukh and Rabi Shanker Guha.. thesys has raised $4 million across 1 funding round from investors including Together Fund and 8VC. thesys offers products and services including C1, Canvas, Chat, and Crayon. thesys operates in a competitive market with competitors including Locofy, Figr, SevnAI, Flowstep and Blocksfabrik, among others.
- Headquarter San Francisco, United States
- Founders Parikshit Deshmukh, Rabi Shanker Guha
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Thesys, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Seed
Jun 04, 2024
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Investors
Together Fund
& 1 more
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Employee Count
Employee Count
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Products & Services of thesys
thesys offers a comprehensive portfolio of products and services, including C1, Canvas, Chat, and Crayon. 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.
API for generating dynamic UI for AI interactions.
Tool for creating chat interfaces efficiently.
Platform demonstrating Generative UI capabilities.
Utility for GenUI resources and documentation.
Funding Insights of thesys
thesys has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in June 2024. 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 — $4.0M
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First Round
First Round
(04 Jun 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - thesys | Valuation | Together |
| 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 thesys
thesys has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Together Fund and 8VC. 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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Early-stage investments are made in AI-native startups by Together Fund.
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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 |
| 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 thesys
| 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 - thesys
| 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 |
Thesys Comparisons
Competitors of thesys
thesys 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 Locofy, Figr, SevnAI, Flowstep and Blocksfabrik, 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 |
Platform offering low code web application development software
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| domain | founded_year | HQ Location |
AI-powered UI design and workflow tools are provided.
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| domain | founded_year | HQ Location |
Platform offering generative design AI services
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| domain | founded_year | HQ Location |
AI based platform for designers to develop user flows and designs
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| domain | founded_year | HQ Location |
No-code design development software is offered for customizable component creation.
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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 Thesys
Frequently Asked Questions about thesys
When was thesys founded?
thesys was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is thesys located?
thesys is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is thesys a funded company?
thesys is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Seed of $4M, raised on Jun 04, 2024.
What does thesys do?
Thesys was founded in 2023 in San Francisco, United States, within the generative AI software sector. A platform is offered that includes a design suite tailored for conversational experiences. Insights into user behavior and usage patterns are generated through the system. Copilots are provided to facilitate iterations and code generations, supporting development operations in the tech domain. The service operates via thesys.dev.
Who are the top competitors of thesys?
thesys's top competitors include Figr, Galileo AI and Flowstep.
What products or services does thesys offer?
thesys offers C1, Canvas, Chat, and Crayon.
Who are thesys's investors?
thesys has 2 investors. Key investors include Together Fund, and 8VC.
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