aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
© aVenture Investment Company, 2024. All rights reserved.
44 Tehama St, San Francisco, CA 94105
Privacy Policy
aVenture Investment Company (“aVenture”) is an independent research platform providing information and analysis about startups.
Certain metrics provided by aVenture may seek to assess the risks and opportunities associated with a company, fund, or its representatives (collectively “research”). aVenture seeks to provide this information with objectivity and fairness, and with diligence about its accuracy. Nonetheless, aVenture cannot provide assurance as to the accuracy of the information provided by our research. We strongly advise those using the research platform to seek multiple, independent sources for your research when making financial decisions.
Any links provided to other websites are offered as a matter of convenience and are not intended to imply that aVenture or its authors endorse, sponsor, promote, and/or are affiliated with the owners of or participants in those sites.
The aVenture platform also provides investment listings offered by independent investment advisers in the United States. aVenture is neither a registered investment adviser nor an exempt reporting adviser under the Investment Advisers Act of 1940, and no statements made by aVenture are intended to imply any financial instruments are under the counsel or advice of aVenture or its representatives.
Funds offered on the platform are generally managed by a private investment adviser that, unless stated otherwise, claims exemption from SEC or state registration. Investment funds presented on the platform are only available to investors who meet the requirements of the offering, and solicitations are not made outside those listed jurisdictions.
Additionally, each investment offered on the platform has qualifications for eligibility, including some offered only to Qualified Clients and/or Accredited Investors. Certain funds may be available to non-Qualified or Accredited investors, but only those who become personally known and identifiable to aVenture Investment Company staff, who have had an opportunity to assess the financial capacity and suitability for such an investment, and discuss its risks. Funds, when offered, are only offered following a review of a Private Placement Memorandum (PPM), subscription agreement, and other disclosures.
Investments in startups, venture capital, angel investments, private equity, real estate, stocks, and similar asset classes all involve risks, including: the risk of a decline in the value of your investments, including potentially large declines (suddenly and/or for long periods of time), the potential for illiquidity where part or all of a withdrawal request may not be honored on the date requested (even when a feature of the fund). These risks are heightened during periods of market duress.
Diversification has the possibility of reducing the magnitude of declines (either caused by market/economic factors, or by factors related to the individual company), but does not guarantee these risks have been fully or partially alleviated. Most importantly, past results are not an assurance of future outcomes. While most of these risks are shared and similarly held by other investment asset classes, we recommend investors only consider venture capital investments as part of a broader, diversified portfolio of stocks, bonds, and immediately accessible cash reserves.
A chatbot-based platform that helps enterprise businesses to automate customer experience.
Founded
2016
Ada is a customer service automation platform that enables enterprises to automate their customer support workflows using large language models (LLMs), generative AI, and machine learning technologies. The company’s platform uses a conversational interface to understand and interpret customer queries, providing personalized responses across multiple channels such as chat, email, and voice.
Ada was founded in 2016 by David Hariri and Mike Murchison.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Customer Service
Technology
AI / ML
Tags
MarTech
GenAI
Model Types
Subscription
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
USA
When was Ada founded?
Ada was founded in 2016.
When was Ada’s last funding round?
Ada’s most recent funding round was for $130M (USD) in May 2021.
How many employees does Ada have?
Ada has 378 employees as of May 4, 2023.
How much has Ada raised to-date?
As of July 05, 2023, Ada has raised a total of $190.6M (USD) since May 7, 2021.
Add Comparison
Total Raised to Date
$190.6M
USD
Last Deal May 7, 2021
Last Deal Details
$130M
USD
May 7, 2021
Series C
Total Employees Over Time
378
As of May 2023
TechCrunch
The era of face-wearable computers
We’ve finally had our mittens on Apple’s face-wearable computer. And, what can we say, it’s pretty astonishing. © 2024 TechCrunch. All...
Feb 9, 2024
Is this the right Ada?
Help us improve our AI - Is this article for the right company?
TechCrunch
Check out the complete roundtable lineup at TC Early Stage 2024
Among the highlights of Early Stage are its fan-favorite roundtable sessions. These intimate gatherings, guided by experts, delve into...
Apr 9, 2024
Is this the right Ada?
Help us improve our AI - Is this article for the right company?
TechCrunch
Meta cuts off third-party access to Facebook Groups, leaving developers and customers in disarray
The recent surprise announcement that Meta will soon be shutting down its Facebook Groups API is throwing some businesses and social media...
Feb 5, 2024
Is this the right Ada?
Help us improve our AI - Is this article for the right company?
TechCrunch
These founders want a more ethical company structure for startups
Called Regenerative and Circular Operations, this organizational model aims to be a practical approach to integrating sustainability at the...
Feb 14, 2024
Is this the right Ada?
Help us improve our AI - Is this article for the right company?
TechCrunch
How Y Combinator’s founder-matching service helped medical records AI startup Hona land $3M
Y Combinator's founder matching tool has quietly become one of most powerful offerings. That's how medical records AI startup Hona was...
May 3, 2024
Is this the right Ada?
Help us improve our AI - Is this article for the right company?
TechCrunch
Metronome’s usage-based billing software finds hit in AI as the startup raises $43M in fresh capital
Metronome, a startup that helps software companies offer usage-based billing, has raised $43 million in a Series B funding round led by...
Jan 31, 2024
Is this the right Ada?
Help us improve our AI - Is this article for the right company?
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts