Character.ai - About the company
Character.ai is a series A company based in Menlo Park (United States), founded in 2021 by Noam Shazeer and Daniel De Freitas. It operates as an AI-based conversational solutions provider. Character.ai has raised $193M in funding from Andreessen Horowitz, with a current valuation of $1B. The company has 874 active competitors, including 80 funded and 13 that have exited. Its top competitors include companies like Inflection, Replika and Merlin.
Sectors and market segments that Character.ai operate in
Character.ai serves in the Native AI, High Tech market segments.The primary business model of Character.ai are:Company Details
AI-based conversational solutions provider. It offers neural language models, tools for imagination, brainstorming, language learning, and more. It enables users with dialog agents powered by proprietary technology.
- Website
- character.ai
- Email ID
- *****@character.ai
Key Metrics
Founded Year
2021
Location
Menlo Park, United States
Stage
Series A
Total Funding
$193M in 2 rounds
Latest Funding Round
Post Money Valuation
$1B as on Mar 24, 2023
Investors
Ranked
1st among 874 active competitors
Employee Count
297 as on Jun 30, 2026
Similar Companies
Legal entities associated with Character.ai
Character.ai is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHARACTER TECHNOLOGIES INC. CIN: 87-3458842 , United States, Active | Feb 16, 2023 | - | 95 (As on Dec 31, 2024) | - |
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Character.ai's funding and investors
Character.ai has raised a total funding of $193M over 2 rounds. Its first funding round was on Dec 2021. Its latest funding round was a Series A round on Mar 23, 2023 for $150M. 5 investors participated in its latest round. Character.ai has 3 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Character.ai:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 23, 2023 | $150M | Series A | $1B | - | ||
Dec 2021 | $43M | Seed | - | - | - | - |
View details of Character.ai's funding rounds and investors
Character.ai's founders and board of directors
Founder? Claim ProfileThe founders of Character.ai are Noam Shazeer and Daniel De Freitas.
Here are the details of Character.ai's key team members:
- Noam Shazeer: Former Co-Founder & CEO of Character.ai. They are also an angel investor in 1 startup.
- Daniel De Freitas: Former Co-Founder of Character.ai.
View details of Character.ai's Founder profiles and Board Members
Character.ai's employee count trend
Character.ai has 297 employees as of Jun 26. Here is Character.ai's employee count trend over the years:
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Character.ai's Competitors and alternates
Top competitors of Character.ai include Inflection, Replika and Merlin. Here is the list of Top 10 competitors of Character.ai, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Character.ai 2021, Menlo Park (United States), Series A | AI-based conversational solutions provider | $193M | 76/100 | |
2nd | Inflection 2022, Palo Alto (United States), Acquired | Provider of emotionally intelligent artificial intelligence for personal and enterprise use | $1.52B | 71/100 | |
3rd | Replika 2015, San Francisco (United States), Series A | Developer of an artificial intelligence companion for empathetic conversation and support | $11M | 69/100 | |
4th | Merlin 2022, California (United States), Funding Raised | ChatGPT powered chrome extension provider | - | 60/100 | |
5th | WRTN 2021, Seoul (South Korea), Series B | Provider of AI and NLP tools for text-based applications | $104M | 58/100 | |
6th | Provider of AI-powered virtual assistant for automated telephone call management | $20.5M | 56/100 | ||
7th | Developer of AI applications featuring interactive and personalized AI characters | $4.58M | 55/100 | ||
8th | Sider 2023, Boston (United States), Unfunded | AI-powered chatbot platform general assistant | - | - | 55/100 |
9th | CampusAI 2023, Lewes (United States), Seed | Generative platform for online education | $15M | 51/100 | |
10th | Lua AI 2024, London (United Kingdom), Seed | Provider of AI-powered personal assistant services integrating with various platforms | $6.3M | 51/100 |
Looking for more details on Character.ai's competitors? Click here to see the top ones
Character.ai's Investments and acquisitions
Character.ai has made no investments or acquisitions yet.
Reports related to Character.ai
Here is the latest report on Character.ai's geography:
News related to Character.ai
Media has covered Character.ai for a total of 26 events in the last 1 year, 14 of them have been about company updates and 1 about partnerships.
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Character.AI Sued by Pennsylvania for AI Chatbot Claiming to Be a Licensed DoctorArs Technica•May 06, 2026•Character.ai
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Fluidstack Raised $750 Million at $7 Billion ValuationCaproasia•Apr 09, 2026•Black Forest Labs, Mistral AI, Character.ai, and 1 other
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AI Companions, Video Generators and Coding Tools Spawn a New App BoomPYMNTS.com•Mar 11, 2026•Notion, Character.ai, Canva
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Google and Character.AI Negotiate Settlements in Teen Chatbot Death CasesTechCrunch+•Jan 08, 2026•Character.ai, Google
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Google to open wallet for Play Store users due to $630M lawsuit settlementAndroid Police•Jan 08, 2026•Character.ai, Google
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Character.AI Launches "Stories" as Chatbot Access is Limited for Underage UsersTechCrunch+•Nov 26, 2025•Character.ai
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