About Vector AI
Vector AI is a company based in London (United Kingdom) founded in 2017.. Vector AI has raised $15.02 million across 2 funding rounds from investors including Bessemer Venture Partners, Techstars and Dynamo Ventures. The company has 12 employees as of December 31, 2020. Vector AI operates in a competitive market with competitors including WiseTech Global, Magaya Corporation, Freightwalla, GoComet and RXO, among others.
- Headquarter London, United Kingdom
- Employees 12 as on 31 Dec, 2020
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Sectors
Transportation, Automotive & Logistics
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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 Vector Ai Ltd
- Date of Incorporation 14 Nov, 2017
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.02 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series A
Sep 13, 2021
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Investors
Bessemer Venture Partners
& 3 more
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Employee Count
12
as on Dec 31, 2020
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Funding Insights of Vector AI
Vector AI has successfully raised a total of $15.02M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in September 2021. 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 — $15.0M
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First Round
First Round
(10 Sep 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - Vector AI | Valuation | Bessemer Venture Partners | |
| Sep, 2018 | Amount | Seed - Vector AI | Valuation | Techstars |
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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 Vector AI
Vector AI has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Techstars and Dynamo Ventures. 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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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Early-stage US tech startups are invested in by Dynamo.
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Founded Year | Domain | Location | |
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Seed & early-stage tech-focused venture capital firm
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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 Vector 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 - Vector 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 |
Vector Ai Comparisons
Competitors of Vector AI
Vector 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 WiseTech Global, Magaya Corporation, Freightwalla, GoComet and RXO, 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 |
Cloud-based logistics software suite is provided for supply chain management.
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| domain | founded_year | HQ Location |
Cloud-based supply chain and logistics software is offered to businesses.
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| domain | founded_year | HQ Location |
Freight forwarding software is offered for enterprise shipment management.
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| domain | founded_year | HQ Location |
AI-powered multimodal logistics platform for end-to-end supply chain digitization
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| domain | founded_year | HQ Location |
Cloud based platform providing freight forwarding solutions
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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 Vector Ai
Frequently Asked Questions about Vector AI
When was Vector AI founded?
Vector AI was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Vector AI located?
Vector AI is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Vector AI a funded company?
Vector AI is a funded company, having raised a total of $15.02M across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Sep 10, 2018.
How many employees does Vector AI have?
As of Dec 31, 2020, the latest employee count at Vector AI is 12.
What does Vector AI do?
Vector AI was founded in 2017 in London, United Kingdom. Operations focus on the logistics sector, where an AI and web-based platform is utilized for freight forwarding and management. Documents are digitized and classified automatically, with key information extracted. Automated workflows for paper processes and regulatory reporting are supported, enabling streamlined operations across the industry.
Who are the top competitors of Vector AI?
Vector AI's top competitors include WiseTech Global, GoComet and Magaya Corporation.
Who are Vector AI's investors?
Vector AI has 4 investors. Key investors include Bessemer Venture Partners, Techstars, Dynamo Ventures, and Episode 1 Ventures.
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