About Verloop.io
Verloop.io is a company based in Bengaluru (India) founded in 2015 by Gaurav Singh and Meena Ganesh.. Verloop.io has raised $15.33 million across 6 funding rounds from investors including Angel List, Wellfound and Parampara Capital. The company has 98 employees as of April 02, 2024. Verloop.io offers products and services including AI Agent, Co-pilot for Agent, Sparks Auto QA, Reports & Analytics, and AI Agent Assist.
- Headquarter Bengaluru, India
- Employees 98 as on 02 Apr, 2024
- Founders Gaurav Singh, Meena Ganesh
- Stage Minicorn
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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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- Legal Name Magiclane App Services Private Limited
- Date of Incorporation 22 Jun, 2015
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$2.52 M (USD)119.82as on Mar 31, 2023
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Net Profit
$-1.79 M (USD)48.64as on Mar 31, 2023
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EBITDA
$-1.88 M (USD)43.14as on Mar 31, 2023
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Total Equity Funding
$15.33 M (USD)
in 6 rounds
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Latest Funding Round
$1.61 M (USD), Series A
Nov 17, 2022
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Investors
Angel List
& 22 more
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Employee Count
98
as on Apr 02, 2024
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Products & Services of Verloop.io
Verloop.io offers a comprehensive portfolio of products and services, including AI Agent, Co-pilot for Agent, Sparks Auto QA, Reports & Analytics, and AI Agent Assist. 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.
Automates customer interactions for faster responses and better experiences.
Helps agents respond quicker using generative AI tools.
Reduces quality audit time with AI-driven analysis.
Provides actionable data on customer engagement metrics.
Boosts agent efficiency through real-time AI support.
Unlock access to complete
Funding Insights of Verloop.io
Verloop.io has successfully raised a total of $15.33M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.61 million completed in November 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 6
- Last Round Series A — $1.6M
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First Round
First Round
(23 Sep 2015)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - Verloop.io | Valuation | SMK Ventures | |
| Nov, 2021 | Amount | Series A - Verloop.io | Valuation | Alpha Wave Global , SAMA Family Trust | |
| Aug, 2020 | Amount | Series A - Verloop.io | Valuation | Alpha Wave Global |
| 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 Verloop.io
Verloop.io has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and Parampara 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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Venture capital and funds of funds focused on enterprise SaaS, fintech, health tech, and multiple sectors
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Founded Year | Domain | Location | |
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Investment services are provided by GrowthStory firm in Bengaluru.
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Founded Year | Domain | Location | |
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Venture capital firm focused on growth-stage companies
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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 Verloop.io
| 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 - Verloop.io
| 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 |
Verloop.Io Comparisons
Competitors of Verloop.io
| 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 Verloop.Io
Frequently Asked Questions about Verloop.io
When was Verloop.io founded?
Verloop.io was founded in 2015.
Where is Verloop.io located?
Verloop.io is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Verloop.io?
Gaurav Singh is the current CEO of Verloop.io. They have also founded this company.
Is Verloop.io a funded company?
Verloop.io is a funded company, having raised a total of $15.33M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Sep 23, 2015.
How many employees does Verloop.io have?
As of Apr 02, 2024, the latest employee count at Verloop.io is 98.
What is the annual revenue of Verloop.io?
Annual revenue of Verloop.io is $2.52M as on Mar 31, 2023.
What does Verloop.io do?
Provider of AI-powered customer service automation solutions. It offers a platform automating end-to-end customer service operations using large language model architecture. The solution includes AI agents for chat and voice automation, a co-pilot for human agents to improve response times, and tools for automated quality assurance. It provides actionable insights through reporting and analytics, and integrates with numerous systems to streamline workflows. Support is offered across multiple channels, including WhatsApp, voice, website chat, and social media platforms. The platform aims to improve customer satisfaction, agent productivity, and operational efficiency.
What products or services does Verloop.io offer?
Verloop.io offers AI Agent, Co-pilot for Agent, Sparks Auto QA, Reports & Analytics, and AI Agent Assist.
Who are Verloop.io's investors?
Verloop.io has 23 investors. Key investors include Angel List, Wellfound, Parampara Capital, Pratithi Investments, and SMK Ventures.
What is Verloop.io's valuation?
The valuation of Verloop.io is $25.15M as of Nov 2022.