About WOMBO
WOMBO is a company based in Toronto (Canada) founded in 2020 by Ben-Zion Benkhin, Parshant Loungani, and Vivek Bhakta. WOMBO has raised $9 million across 1 funding round from investors including Nvidia, CoreWeave and Web3.com Ventures. WOMBO operates in a competitive market with competitors including Respeecher, deepdub, Musical.ly, Camb.ai and Sonantic, among others.
- Headquarter Toronto, Canada
- Founders Ben-Zion Benkhin, Parshant Loungani, Vivek Bhakta
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Sectors
Financial Services
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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 Wombo Studios Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$9 M (USD)
in 1 rounds
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Latest Funding Round
$9 M (USD), Series A
Sep 05, 2024
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Investors
Nvidia
& 4 more
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Employee Count
Not available
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People of WOMBO
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Leadership Team
2 people
Co Team
2 people
Accountant Team
1 people
Software Development Team
1 people
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Funding Insights of WOMBO
WOMBO has successfully raised a total of $9M through 1 strategic funding round. The most recent funding activity was a Series A round of $9 million completed in September 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.
Investors in WOMBO
WOMBO has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Nvidia, CoreWeave and Web3.com Ventures.
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Investments are made in early-stage blockchain and fintech companies.
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Investment in digital asset protocols and teams is managed.
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AI-powered graphical processing units and SoCs
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Investor details for WOMBO
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Investments & Acquisitions by WOMBO
Investment portfolio details for WOMBO
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Financial Statements - WOMBO
Detailed financials for WOMBO
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- Profit trends
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Wombo Comparisons
Peer comparison for WOMBO
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Competitors of WOMBO
WOMBO 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 Respeecher, deepdub, Musical.ly, Camb.ai and Sonantic, among others.
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AI-based platform offfering to produce synthetic speech
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AI-enabled localization solutions for entertainment content are provided.
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Musical videos are created and shared via an online platform.
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Video content is dubbed in various languages using AI technology.
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AI-based text-to-speech solutions are provided for various voices and languages.
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Detailed competitors of WOMBO
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Latest news on Wombo
Complete news archive for WOMBO
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Frequently Asked Questions about WOMBO
WOMBO was founded in 2020 and raised its 1st funding round 4 years after it was founded.
WOMBO is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Ben-Zion Benkhin is the current CEO of WOMBO. They have also founded this company.
WOMBO is a funded company, having raised a total of $9M across 1 funding round to date.
WOMBO was founded in 2020 in Toronto, Canada, as an AI-enabled social platform in the video sharing sector. Selfies are captured by users, who select songs for lip-syncing, with AI used to produce corresponding videos. These videos are shared across the platform. Further development is being pursued for an application centered on video creation and sharing functionalities.
WOMBO has 5 investors. Key investors include Nvidia, CoreWeave, Web3.com Ventures, SBI Ven Capital, and Round13 Digital Asset Fund.