Xtract AI

Vancouver, Canada Founded: 2016 • Age: 10 yrs Acquired By Patriot1 Tech
Developer of platform for deep neural network based AI models
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About Xtract AI

Xtract AI is a company based in Vancouver (Canada) founded in 2016 by Elliot Holtham was acquired by Patriot1 Tech in September 2019.. Xtract AI operates in a competitive market with competitors including Veritone, Anyscale, Comet, Abacus.AI and DataRobot, among others.

  • Headquarter Vancouver, Canada
  • Founders Elliot Holtham
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Patriot1 Tech

    (Sep 09, 2019)

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Funding Insights of Xtract AI

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Xtract AI

Xtract AI has secured backing from 1 investor. Prominent investors backing the company include Patriot1 Tech. 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.

All
Investor Description Founded Year Domain Location
Weapon detection is enabled by an online public safety platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Xtract AI

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Xtract AI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Xtract Ai Comparisons

Employees
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Competitors of Xtract AI

Xtract 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 Veritone, Anyscale, Comet, Abacus.AI and DataRobot, 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.

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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Xtract Ai

Frequently Asked Questions about Xtract AI

When was Xtract AI founded?

Xtract AI was founded in 2016.

Where is Xtract AI located?

Xtract AI is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Who is the current CEO of Xtract AI?

Elliot Holtham is the current CEO of Xtract AI. They have also founded this company.

What does Xtract AI do?

Xtract was founded in 2016 in Vancouver, Canada, and operates in the AI sector. Deep neural network-based models are designed, developed, and deployed through a specialized platform. Applications focus on accounting and finance processes. Six provisional patents for proprietary technology are held by the company as of May 2018.

Who are the top competitors of Xtract AI?

Xtract AI's top competitors include DataRobot, Abacus.AI and Anyscale.

Who are Xtract AI's investors?

Xtract AI has 1 investor. Key investors include Patriot1 Tech.

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