Algorithmia - About the company
Algorithmia is an acquired company based in Seattle (United States), founded in 2012 by Diego Oppenheimer. It operates as a Developer of a platform providing artificial intelligence application development and governance. Algorithmia has raised $38.8M in funding from investors like Madrona, Gradient Ventures and In-Q-Tel. The company has 420 active competitors, including 55 funded and 8 that have exited. Its top competitors include companies like C3 AI, Contextual AI and Composio.
Company Details
Developer of a platform providing artificial intelligence application development and governance. The platform offers tools for data scientists, engineers, and IT professionals. It streamlines workflows and delivers secure artificial intelligence applications. The platform supports predictive and generative artificial intelligence, along with artificial intelligence governance and observability. It integrates into business processes, enabling teams to build and manage artificial intelligence.
- Website
- algorithmia.com
- Email ID
- *****@algorithmia.com
Key Metrics
Founded Year
2012
Location
Seattle, United States
Stage
Acquired
Total Funding
$38.8M in 6 rounds
Latest Funding Round
Ranked
9th among 420 active competitors
Employee Count
16 as on Jul 01, 2024
Exit Details
Acquired by DataRobot (Jul 27, 2021)
Algorithmia's acquisition details
Algorithmia got acquired by DataRobot on Jul 27, 2021.
Click here to take a look at Algorithmia's acquisition in detail
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Algorithmia's funding and investors
Algorithmia has raised a total funding of $38.8M over 6 rounds. Its first funding round was on Jul 23, 2014. Its latest funding round was a Series B round on May 14, 2019 for $*****. 6 investors participated in its latest round. Algorithmia has 10 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Algorithmia:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 14, 2019 | 3664122 | Series B | 7645367 | 7786209 | 8488143 | 4959568 |
Oct 04, 2018 | 1634256 | Series A | 2138644 | 1697068 | 8907015 | 9165952 |
Jun 23, 2017 | 6764109 | Series A | 2457291 | 1312622 |
View details of Algorithmia's funding rounds and investors
Algorithmia's founders and board of directors
Founder? Claim ProfileThe founders of Algorithmia is Diego Oppenheimer.
Here are the details of Algorithmia's key team members:
- Diego Oppenheimer: Co-Founder & CEO of Algorithmia and founder of 1 other company. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of Algorithmia's Founder profiles and Board Members
Algorithmia's employee count trend
Algorithmia has 16 employees as of Jul 24. Here is Algorithmia's employee count trend over the years:
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Algorithmia's Competitors and alternates
Top competitors of Algorithmia include C3 AI, Contextual AI and Composio. Here is the list of Top 10 competitors of Algorithmia, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | C3 AI 2009, Redwood City (United States), Public | Cloud based AI application development platform | $454M | 71/100 | |
2nd | Contextual AI 2023, San Francisco (United States), Series A | Provider of a platform for building context-aware AI applications | $100M | 68/100 | |
3rd | Composio 2023, San Francisco (United States), Series A | Platform to integrate AI agents and large language models with their technology stack | $29M | 64/100 | |
4th | Alinia 2023, Dover (United States), Seed | Generative AI offering controlled deployment of AI applications | $12.7M | 64/100 | |
5th | Iterate 2013, Mountain View (United States), Series A | Enterprise AI application platform providing low-code development tools | $17.3M | 62/100 | |
6th | Provider of a platform for building and managing collaborative AI agents | $18M | 60/100 | ||
7th | Dify 2023, Menlo Park (United States), Seed | Developer of platform for building and managing autonomous agents and workflows | $30M | 56/100 | |
8th | orq.ai 2022, Amsterdam (Netherlands), Seed | Platform offering solutions for AI applications, experimentation, and optimization | $8.48M | 54/100 | |
9th | Algorithmia 2012, Seattle (United States), Acquired | Developer of a platform providing artificial intelligence application development and governance | $38.8M | 52/100 | |
10th | SimplAI 2023, San Francisco (United States), Seed | Developer of artificial intelligence agents for enterprise workflow automation platforms | $2.5M | 51/100 |
Looking for more details on Algorithmia's competitors? Click here to see the top ones
Algorithmia's Investments and acquisitions
Algorithmia has made no investments or acquisitions yet.
Reports related to Algorithmia
Here is the latest report on Algorithmia's sector:
News related to Algorithmia
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DataRobot is Acquiring Algorithmia, Enhancing Leading MLOps Architecture for the EnterpriseBusiness Wire•Jul 27, 2021•DataRobot, Algorithmia
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Algorithmia Solves ML Model Performance and Drift Detection with Application Performance Monitoring for ML SystemsAiThority•Nov 06, 2020•Algorithmia
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Algorithmia Expands ML Infrastructure Options with VMWare IntegrationGlobeNewswire•Mar 12, 2020•Algorithmia, VMware
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MontyCloud raises $2.85 million for its cloud management platformtechnewsuniverse.com•Nov 21, 2019•MontyCloud, Madrona, Lytical Ventures, Algorithmia and 3 others
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Algorithmia Raises $25M Series B to Accelerate Enterprise AI AdoptionBusiness Wire•May 14, 2019•Algorithmia, Norwest Venture Partners, Madrona, Gradient Ventures and 3 others
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Algorithmia’s Quest To Change The Way Algorithms are Used By The MassesBizety•Dec 12, 2018•Algorithmia
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