About XNOR.AI
XNOR.AI is a company based in Seattle (United States) founded in 2017 was acquired by Apple in January 2020.. XNOR.AI has raised $14.6 million across 2 funding rounds from investors including Apple, Allen Institute for Artificial Intelligence and Madrona. The company has 54 employees as of December 31, 2022. XNOR.AI operates in a competitive market with competitors including Silo.AI, Thehive, Fal, Sentient.io and Scaled Inference, among others.
- Headquarter Seattle, United States
- Employees 54 as on 31 Dec, 2022
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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 Xnor Ai Inc
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Funding Insights of XNOR.AI
XNOR.AI has successfully raised a total of $14.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in May 2018. 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 — $12.0M
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First Round
First Round
(07 Feb 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series A - XNOR.AI | Valuation | Madrona Venture Group | |
| Feb, 2017 | Amount | Seed - XNOR.AI | Valuation | Madrona Venture Group , Allen Institute for Artificial Intelligence |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 XNOR.AI
XNOR.AI has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Apple, Allen Institute for Artificial Intelligence and Madrona. 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 investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Venture capital firm focused on B2B companies
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Founded Year | Domain | Location | |
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VC firm investing globally
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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 XNOR.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 - XNOR.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 |
Xnor.Ai Comparisons
Competitors of XNOR.AI
XNOR.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 Silo.AI, Thehive, Fal, Sentient.io and Scaled Inference, 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 |
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| domain | founded_year | HQ Location |
Provider of customized AI-powered solutions
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| domain | founded_year | HQ Location |
Data labeling solutions for machine learning data tagging are provided.
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| domain | founded_year | HQ Location |
Real-time ML data pipelines are deployed via a unified solution.
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| domain | founded_year | HQ Location |
AI as a Service platform is provided for algorithm integration.
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| domain | founded_year | HQ Location |
Public cloud APIs for machine learning intelligence are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Xnor.Ai
Frequently Asked Questions about XNOR.AI
When was XNOR.AI founded?
XNOR.AI was founded in 2017.
Where is XNOR.AI located?
XNOR.AI is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is XNOR.AI a funded company?
XNOR.AI is a funded company, having raised a total of $14.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.6M, raised on Feb 07, 2017.
How many employees does XNOR.AI have?
As of Dec 31, 2022, the latest employee count at XNOR.AI is 54.
What does XNOR.AI do?
A framework for executing deep learning algorithms on mobile phones, IoT devices, and embedded CPUs without cloud dependency was founded in 2017 in Seattle, United States. Data privacy is maintained on-device, with efficient battery use ensured. Capabilities for image processing, object recognition, and speech recognition are integrated into small hardware like Raspberry Pi. The technology originated from the Allen Institute for AI, targeting the edge computing sector.
Who are XNOR.AI's investors?
XNOR.AI has 6 investors. Key investors include Apple, Allen Institute for Artificial Intelligence, Madrona, NGP Capital, and Autotech Ventures.
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