Ambit - About the company
Ambit is a seed company based in Auckland (New Zealand), founded in 2016 by Timothy Sherning Warren and Gareth Cronin. It operates as a Provider of conversational AI development platform. Ambit has raised $2.25M in funding from investors like Techstars, Lewis Holding Company and Quidnet Ventures. The company has 1663 active competitors, including 112 funded and 40 that have exited. Its top competitors include companies like Sinch, Sierra and Hyro.
Company Details
Provider of conversational AI development platform. Its low-code platform can be used to build chatbots to automate conversations. Its product features include the low code platform for development, conversational analytics, and chatbot optimization.
- Website
- ambit.ai
- Social
- Email ID
- *****@ambit.ai
Key Metrics
Founded Year
2016
Location
Auckland, New Zealand
Stage
Seed
Total Funding
$2.25M in 4 rounds
Latest Funding Round
Ranked
75th among 1663 active competitors
Employee Count
23 as on Aug 31, 2026
Legal entities associated with Ambit
Ambit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AMBIT AI LIMITED CIN: 6262668 , New Zealand, Active | Apr 02, 2017 | - | - |
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Ambit's funding and investors
Ambit has raised a total funding of $2.25M over 4 rounds. Its first funding round was on 2017. Its latest funding round was a Seed round on Aug 30, 2022 for $*****. 8 investors participated in its latest round. Ambit has 15 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Ambit:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 30, 2022 | 5193755 | Seed | 7334234 | 9275204 | 3746729 | 3483147 |
Jul 24, 2019 | 5178649 | Seed | 8373614 | 8423059 | 2998344 | |
Feb 27, 2019 | 1324903 | Seed | 9155391 | 1037338 |
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Ambit's founders and board of directors
Founder? Claim ProfileHere are the details of Ambit's key team members:
- Timothy Sherning Warren: Founder of Ambit. They serve on the board of 1 company.
- Gareth Cronin: Former Co-Founder of Ambit and founder of 1 other company. Contact Info: 1 email address
Ambit's Board of Directors
Ambit's board has 5 active members. Nicholas Houldsworth, Timothy Sherning Warren and Atin Batra are part of team and David James and Mark Fielding are independent board members.Here is the list of Ambit's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 5m | |
hg{g{fa | Team | - | Current | 7y 8m |
opjqpmu | Team | - | Current | 6y 8m |
Independent board member | - | Current | 4y 9m | |
gwbzpxo | Independent board member | - | Current | 1y 4m |
View details of Ambit's Founder profiles and Board Members
Ambit's employee count trend
Ambit has 23 employees as of Aug 26. Here is Ambit's employee count trend over the years:
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Ambit's Competitors and alternates
Top competitors of Ambit include Sinch, Sierra and Hyro. Here is the list of Top 10 competitors of Ambit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of customer communications management platform | $12M | 80/100 | ||
2nd |  Sierra 2023, San Francisco (United States), Series E | A conversational AI platform that helps businesses to build customer experiences | $1.58B | 71/100 | |
3rd | Hyro 2014, New York City (United States), Series C | Provider of an AI-based conversational platform | $115M | 70/100 | |
4th | Vapi 2020, San Francisco (United States), Series B | Voice AI platform for developers | $75.2M | 66/100 | |
5th | Druid Intelligence 2018, Bucharest (Romania), Series C | AI-powered chatbot development platform | $78.5M | 64/100 | |
6th | Developer of a conversational AI platform for regulated industries | $5M | 63/100 | ||
7th | No-code platform for building AI agents | $30M | 62/100 | ||
8th |  ZEALS 2014, San Francisco (United States), Series E | AI based conversational commerce platform | $51.2M | 61/100 | |
9th |  Got It 2013, Burlingame (United States), Series A | Mentor marketplace platform for organizations | $10.3M | 61/100 | |
10th | Provider of a platform for building and managing collaborative AI agents | $18M | 60/100 | ||
75th |  Ambit 2016, Auckland (New Zealand), Seed | Provider of conversational AI development platform | $2.25M | 39/100 |
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Ambit's Investments and acquisitions
Ambit has made no investments or acquisitions yet.
Reports related to Ambit
Here is the latest report on Ambit's sector:
News related to Ambit
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Conversational AI developer Ambit joins AWS AccelerateReseller•Apr 13, 2022•Amazon Web Services, Ambit
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