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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.
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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
Investors
Ranked
Employee Count
16 as on Jul 01, 2024
Similar Companies
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:lockFilter this list
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
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Algorithmia's founders and board of directors

Founder? Claim Profile
The founders of Algorithmia is Diego Oppenheimer.
Here are the details of Algorithmia's key team members:

Algorithmia's employee count trend

Algorithmia has 16 employees as of Jul 24. Here is Algorithmia's employee count trend over the years:
Employee count trend for Algorithmia
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for C3 AI
C3 AI
2009, Redwood City (United States), Public
Cloud based AI application development platform
$454M
71/100
2nd
Logo for Contextual AI
Contextual AI
2023, San Francisco (United States), Series A
Provider of a platform for building context-aware AI applications
$100M
68/100
3rd
Logo for Composio
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
Logo for Alinia
Alinia
2023, Dover (United States), Seed
Generative AI offering controlled deployment of AI applications
$12.7M
64/100
5th
Logo for Iterate
Iterate
2013, Mountain View (United States), Series A
Enterprise AI application platform providing low-code development tools
$17.3M
62/100
6th
Logo for CrewAI
CrewAI
2023, Sao Paulo (Brazil), Series A
Provider of a platform for building and managing collaborative AI agents
$18M
60/100
7th
Logo for Dify
Dify
2023, Menlo Park (United States), Seed
Developer of platform for building and managing autonomous agents and workflows
$30M
56/100
8th
Logo for orq.ai
orq.ai
2022, Amsterdam (Netherlands), Seed
Platform offering solutions for AI applications, experimentation, and optimization
$8.48M
54/100
9th
Logo for Algorithmia
Algorithmia
2012, Seattle (United States), Acquired
Developer of a platform providing artificial intelligence application development and governance
$38.8M
52/100
10th
Logo for SimplAI
SimplAI
2023, San Francisco (United States), Seed
Developer of artificial intelligence agents for enterprise workflow automation platforms
$2.5M
51/100
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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

lockFilter this list
•
Algorithmia Selected for Use by Raytheon TechnologiesGlobeNewswire•Jun 28, 2021•Algorithmia, RTX
•
Algorithmia unveils MLops for teamsTechCentral Ireland•Aug 28, 2020•Algorithmia
•
Algorithmia launches new Teams edition of its AI platformSiliconAngle•Aug 25, 2020•Algorithmia
•
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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