About Yurts
Yurts is a company based in San Francisco (United States) founded in 2022 by Guruprasad Raghavan, Ben Van Roo, and Jason Schnitzer.. Yurts has raised $58.36 million across 2 funding rounds from investors including Bloomberg, XYZ Venture Capital and Glynn Capital. Yurts offers products and services including Search, Write, Chat, and AI Assistants. Yurts operates in a competitive market with competitors including Predibase, Algorithmia, Relevance AI and VectorShift, among others.
- Headquarter San Francisco, United States
- Founders Guruprasad Raghavan, Ben Van Roo, Jason Schnitzer
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$58.36 M (USD)
in 2 rounds
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Latest Funding Round
$40 M (USD), Series B
Nov 06, 2024
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Investors
Bloomberg
& 5 more
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Employee Count
Employee Count
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Products & Services of Yurts
Yurts offers a comprehensive portfolio of products and services, including Search, Write, Chat, and AI Assistants. 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.
Enhances data retrieval for team efficiency
Assists in content creation and automation
Facilitates interactive communication workflows
Boosts productivity across applications
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Funding Insights of Yurts
Yurts has successfully raised a total of $58.36M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in November 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $40.0M
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First Round
First Round
(19 Sep 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - Yurts | Valuation | XYZ Venture Capital | |
| Sep, 2023 | Amount | Series A - Yurts | Valuation | Nava Ventures |
| 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 Yurts
Yurts has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Bloomberg, XYZ Venture Capital and Glynn 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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Investments in early-stage companies are managed by XYZ Venture Capital.
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Investments are directed toward early and late-stage tech companies.
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An early stage investment firm is operated by Nava Ventures.
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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 Yurts
| 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 - Yurts
| 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 |
Yurts Comparisons
Competitors of Yurts
Yurts 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 Predibase, Algorithmia, Relevance AI and VectorShift, 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 |
Provider of a low-code and cloud-based AI application development platform
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| domain | founded_year | HQ Location |
A marketplace for machine learning algorithms is operated by Algorithmia.
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| domain | founded_year | HQ Location |
AI-powered image data analytics platform
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| domain | founded_year | HQ Location |
No-code platform for building and deploying custom generative AI workflows
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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 Yurts
Frequently Asked Questions about Yurts
When was Yurts founded?
Yurts was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Yurts located?
Yurts is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Yurts?
Ben Van Roo is the current CEO of Yurts. They have also founded this company.
Is Yurts a funded company?
Yurts is a funded company, having raised a total of $58.36M across 2 funding rounds to date. The company's 1st funding round was a Series A of $18.36M, raised on Sep 19, 2023.
What does Yurts do?
Developer of AI-based multiple task management platforms. It provides users with solutions that enable individuals to create and track their list of tasks or activities. Its features include model management, creating applications, and task categorizing.
Who are the top competitors of Yurts?
Yurts's top competitors include Predibase, Relevance AI and Algorithmia.
What products or services does Yurts offer?
Yurts offers Search, Write, Chat, and AI Assistants.
Who are Yurts's investors?
Yurts has 6 investors. Key investors include Bloomberg, XYZ Venture Capital, Glynn Capital, Nava Ventures, and Mango Capital.
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