Dev Rev - About the company
Dev Rev is a series A company based in Palo Alto (United States), founded in 2020 by Dheeraj Pandey. It operates as a Provider of conversational AI solutions for managing business operations. Dev Rev has raised $158M in funding from Khosla Ventures and Mayfield, with a current valuation of $1.15B. The company has 5115 active competitors, including 270 funded and 240 that have exited. Its top competitors include companies like Salesforce, HubSpot and RingCentral.
Sectors and market segments that Dev Rev operate in
Dev Rev serves in the Native AI market segments.The primary business model of Dev Rev is:Company Details
Provider of conversational AI solutions for managing business operations. It offers an AI-powered tool for search, customer experience, and support managing efficiency and productivity for enterprises. The solutions integrate with existing tools, providing real-time insights and automated workflows. The platform assist businesses access and utilize data with features such as product development and customer satisfaction management. Its offerings are tailored to support various teams, including startups, support, product, and CIO teams.
- Website
- devrev.ai
- Social
- Email ID
- *****@devrev.ai
Key Metrics
Founded Year
2020
Location
Palo Alto, United States
Stage
Series A
Total Funding
$158M in 3 rounds
Latest Funding Round
Post Money Valuation
$1.15B as on Aug 01, 2025
Investors
Ranked
25th among 5115 active competitors
Employee Count
896 as on Aug 31, 2026
Similar Companies
Legal entities associated with Dev Rev
Dev Rev is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Devrev, Inc. CIN: 3887839 , United States, Active | Oct 20, 2020 | - | 72 (As on Dec 31, 2024) | - |
DEVREV CLOUD INDIA PRIVATE LIMITED CIN: U72900KA2020FTC141826 , India, Active | Dec 03, 2020 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 363 (As on Mar 01, 2026) | |
DEVREV CIN: 853548535 , United States, Active | Dec 31, 1999 | - | 72 (As on Dec 31, 2024) | - |
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Dev Rev's funding and investors
Dev Rev has raised a total funding of $158M over 3 rounds. Its first funding round was on Jul 14, 2021. Its latest funding round was a Series A round on Jul 10, 2024 for $101M. 4 investors participated in its latest round. Dev Rev has 13 institutional investors.
Here is the list of recent funding rounds of Dev Rev:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 10, 2024 | $101M | Series A | $1.15B | - | ||
Aug 03, 2022 | $7.1M | Series A | - | - | - | - |
Jul 14, 2021 | $50M | Seed | - | - | - |
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Dev Rev's founders and board of directors
Founder? Claim ProfileThe founders of Dev Rev is Dheeraj Pandey. Dheeraj Pandey is the CEO of Dev Rev.
Here are the details of Dev Rev's key team members:
- Dheeraj Pandey: Co-Founder & CEO of Dev Rev and founder of 2 other companies, Param Hansa Values and Nutanix. They are also an angel investor in 6 startups and serve on the board of 1 company.Contact Info: 2 email addresses
Dev Rev's Board of Directors
Dev Rev's board has 2 active members. Manoj Kumar and Dheeraj Pandey are independent board members.Here is the list of Dev Rev's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 2m | |
Independent board member | - | Current | 4y 2m |
View details of Dev Rev's Founder profiles and Board Members
Dev Rev's employee count trend
Dev Rev has 896 employees as of Aug 26. Here is Dev Rev's employee count trend over the years:
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Dev Rev's Competitors and alternates
Top competitors of Dev Rev include Salesforce, HubSpot and RingCentral. Here is the list of Top 10 competitors of Dev Rev, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Salesforce 1999, San Francisco (United States), Public | Provider of a platform delivering customer relationship management and cloud solutions | $52M | 87/100 | |
2nd |  HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 87/100 | |
3rd | RingCentral 1999, Belmont (United States), Acquired | Cloud based platform offering unified communication solutions | $44M | 86/100 | |
4th |  Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
5th | Provider of customer communications management platform | $12M | 80/100 | ||
6th |  Genesys 1990, Menlo Park (United States), Acquired | Provider of cloud-based platform for customer experience and workforce engagement | $3B | 80/100 | |
7th |  Zendesk 2007, San Francisco (United States), Acquired | Cloud based customer service and engagement platform for businesses | $89.1M | 79/100 | |
8th |  Dialpad 2011, San Ramon (United States), Series F | Provider of AI-powered contact center and unified communications platform solutions | $476M | 79/100 | |
9th |  Aircall 2014, New York (United States), Series D | Provider of cloud-based platform for business communication and customer engagement | $226M | 78/100 | |
10th |  Intercom 2011, San Francisco (United States), Series D | Provider of a customer service and support platform offering AI-powered solutions for managing customer interactions | $242M | 76/100 | |
25th | Dev Rev 2020, Palo Alto (United States), Series A | Provider of conversational AI solutions for managing business operations | $158M | 68/100 |
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Dev Rev's Investments and acquisitions
Dev Rev has made no investments or acquisitions yet.
Reports related to Dev Rev
Here is the latest report on Dev Rev's sector:
News related to Dev Rev
Filter this listMedia has covered Dev Rev for a total of 9 events in the last 1 year, 4 of them have been about company updates and 3 about partnerships.
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Grab and OpenAI Launch AI Training Program for 30,000 Partners in Southeast AsiaTech in Asia•Sep 23, 2026•Grab, OpenAI, Dev Rev, America’s SBDC
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DevRev Launches Voice AI with Shared Organizational Memory Across AgentsMarTech Series•Jul 24, 2026•Dev Rev
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QualityKiosk & DevRev Partner to Pioneer AI-Native Digital AssuranceMarTech Series•Dec 11, 2025•Dev Rev, QualityKiosk Technologies
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AI startup Serval valued at $1B after Sequoia-led round to expand IT automationStartupNews•Dec 11, 2025•Dev Rev, ServiceNow, Sequoia Capital
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Verinext & DevRev Partner to Expand AI Services with Computer by DevRev for Data Unification and Work AutomationAiThority•Nov 13, 2025•Verinext, Dev Rev, Microsoft
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DevRev Releases Enterprise-Grade Conversational AI "Computer" with 85% Automated Resolution Rate for Work OrdersCui Niuhui•Sep 12, 2025•Dev Rev
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Crafting Bharat S2: DevRev CEO on Scaling Global AI & India's SaaS 2.0 RevolutionVCCircle•May 13, 2025•Dev Rev, Amazon Web Services
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QualityKiosk and DevRev Partner to Enhance Customer Experience and Product Development Through AI-Led InsightsBusiness Wire India•Feb 20, 2025•QualityKiosk Technologies, Dev Rev
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