Avaamo - About the company
Avaamo is a series A company based in Los Altos (United States), founded in 2014 by Ram Menon and Sriram Chakravarthy. It operates as a Provider of conversational AI platform for enterprises. Avaamo has raised $23.5M in funding from investors like Wipro, Intel Capital and WI Harper Group, with a current valuation of $*****. The company has 2881 active competitors, including 354 funded and 128 that have exited. Its top competitors include companies like Dialpad, Sarvam and Observe.AI.
Company Details
Provider of conversational AI platform for enterprises. It offers solutions to design and deploy omnichannel intelligent assistants. It enables users to implement conversational interfaces in areas like banking, insurance, telco, retail, manufacturing, and healthcare. The company claims that the technology automates judgment-intensive, multi-turn responses to complex, domain-specific customer queries with training data.
- Website
- avaamo.ai
- Email ID
- *****@avaamo.com
Key Metrics
Founded Year
2014
Location
Los Altos, United States
Stage
Series A
Total Funding
$23.5M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 04, 2019
Ranked
18th among 2881 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
140 as on Sep 30, 2026
Legal entities associated with Avaamo
Avaamo is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Avaamo, Inc. CIN: 5496167 , United States, Active | Mar 11, 2014 | - | - | - |
AVAAMO TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2014PTC081370 , India, Active | Jun 25, 2014 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 121 (As on Feb 28, 2025) | |
Avaamo, Inc. CIN: 5496167 , United States, Active | - | 18 (As on Dec 31, 2022) | - |
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Avaamo's funding and investors
Avaamo has raised a total funding of $23.5M over 5 rounds. Its first funding round was on 2014. Its latest funding round was a Conventional Debt round on Aug 02, 2021 for $*****. 1 investor participated in its latest round. Avaamo has 13 institutional investors.
Here is the list of recent funding rounds of Avaamo:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 02, 2021 | 7721428 | Conventional Debt | 5881503 | 3743826 | 4433337 | 4621431 |
May 08, 2018 | 1431259 | Series A | 3088085 | 9187647 | 7159299 | |
Mar 14, 2018 | 9192684 | Seed | 6612090 | 6200250 | 6369702 |
View details of Avaamo's funding rounds and investors
Avaamo's founders and board of directors
Founder? Claim ProfileThe founders of Avaamo are Ram Menon and Sriram Chakravarthy. Ram M and Ram Menon are the CEOs of Avaamo.
Here are the details of Avaamo's key team members:
- Ram Menon: Co-Founder & CEO of Avaamo.
- Sriram Chakravarthy: Co-Founder & CTO of Avaamo.
View details of Avaamo's Founder profiles and Board Members
Avaamo's employee count trend
Avaamo has 140 employees as of Sep 26. Here is Avaamo's employee count trend over the years:
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Avaamo's Competitors and alternates
Top competitors of Avaamo include Dialpad, Sarvam and Observe.AI. Here is the list of Top 10 competitors of Avaamo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Dialpad 2011, San Ramon (United States), Series F | Provider of AI-powered contact center and unified communications platform solutions | $476M | 79/100 | |
2nd | Developer of a full-stack generative AI platform designed to build sovereign AI ecosystems for enterprises and governments | $387M | 76/100 | ||
3rd | Observe.AI 2017, Redwood City (United States), Series C | Provider of AI-powered conversation intelligence and automation for contact centers | $214M | 72/100 | |
4th | Forethought AI 2017, San Francisco (United States), Acquired | Provider of an AI platform for customer support and service teams | $117M | 72/100 | |
5th | Decagon 2023, San Francisco (United States), Series D | AI-powered customer experience platform | $476M | 71/100 | |
6th | Sierra 2023, San Francisco (United States), Series E | A conversational AI platform that helps businesses to build customer experiences | $1.58B | 71/100 | |
7th | Respond.io 2016, Kuala Lumpur (Malaysia), Series B | Developer of software for managing customer conversations across messaging channels | $71.3M | 70/100 | |
8th | EliseAI 2017, New York City (United States), Series F | Offering conversational AI platforms | $742M | 69/100 | |
9th | ASAPP 2014, New York City (United States), Series C | Provider of an AI-native platform for contact center customer experience | $400M | 69/100 | |
10th | Lorikeet 2023, San Francisco (United States), Series A | AI-powered customer support platform | $49M | 68/100 | |
18th | Avaamo 2014, Los Altos (United States), Series A | Provider of conversational AI platform for enterprises | $23.5M | 66/100 |
Looking for more details on Avaamo's competitors? Click here to see the top ones
Avaamo's Investments and acquisitions
Avaamo has made no investments or acquisitions yet.
Reports related to Avaamo
Here is the latest report on Avaamo's geography:
News related to Avaamo
Media has covered Avaamo for 1 event in last 1 year.
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Avaamo Recognized as a Leader in Conversational AI Platforms by IDC MarketScape 2025AiThority•Nov 20, 2025•Avaamo
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Avaamo partners with Wipro to deliver AI Agents for Employee Experience TransformationRad AI•Jul 17, 2025•Avaamo, Wipro
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Avaamo Introduces Agents; Digital Workers that will Power the Next Evolution of your WorkforceAsian News International•Mar 05, 2025•Avaamo
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Avaamo Launches GenAI-Powered Ambient Listening Technology to Transform Healthcare DocumentationAiThority•Nov 08, 2024•Avaamo
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Avaamo positioned as the Leader in the 2022 SPARK Matrix™ for Chatbots for IT Operations by Quadrant Knowledge SolutionsPR Newswire•Dec 09, 2022•Avaamo
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Avaamo Becomes the first Conversational AI provider to Offer Ultra-Realistic AI Voices for Contact Center AutomationMarTech Series•Mar 11, 2022•Avaamo
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Liquidity Capital Provides Avaamo With a $7M Facility Within 24 Hours Using “DYNAMiCs” PlatformBusiness Wire•Aug 02, 2021•Avaamo, Liquidity
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Avaamo Launches Patient Engagement Virtual Assistant Solutions to Power the Healthcare ‘Digital Front Door’Directors Club•May 05, 2021•Avaamo
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