Directech Labs - About the company
Directech Labs is an acquired company based in Santa Monica (United States), founded in 2016 by Jordan Zommick. It operates as an AI based analytics solutions to reduce churn. Directech Labs has raised $1.77M in funding from Right Side Capital Management, with last known valuation of $*****. The company has 979 active competitors, including 106 funded and 85 that have exited. Its top competitors include companies like NICE, Invoca and Assembled.
Company Details
Directech Labs collects data from multiple sources and perform behavioral analytics, sentiment/social analytics through models developed using Machine learning to predict the probable churn and insights into why so which allows the client to take necessary actions to reduce churn.
- Website
- directechlabs.com
- Registered Address
- 929 COLORADO AVENUE, SANTA MONICA, CA
Key Metrics
Founded Year
2016
Location
Santa Monica, United States
Stage
Acquired
Total Funding
$1.77M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 24, 2019
Investors
Ranked
139th among 979 active competitors
Employee Count
16 as on Aug 02, 2019
Exit Details
Acquired by DirectScale (Mar 07, 2022)
Legal entities associated with Directech Labs
Directech Labs is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DIRECTECH LABS PRIVATE LIMITED CIN: U74999UP2016FTC083958 , India, Strike off | Jun 10, 2016 | $0 - $1M (As on Mar 31, 2023) | 7 (As on Apr 01, 2022) | |
DirecTech Labs, Inc. CIN: 0001776217 , United States, Active | Apr 26, 2016 | $1M - $10M (As on Dec 31, 2019) | 13 (As on Dec 31, 2019) | - |
Directech Labs's acquisition details
Directech Labs got acquired by DirectScale on Mar 07, 2022.
Click here to take a look at Directech Labs's acquisition in detail
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Directech Labs's funding and investors
Directech Labs has raised a total funding of $1.77M over 3 rounds. Its first funding round was on 2017. Its latest funding round was a Seed round on 2018 for $*****. 1 investor participated in its latest round. Directech Labs has 4 institutional investors.
Here is the list of recent funding rounds of Directech Labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2018 | 5826 | Seed | 6413 | 7150 | 3580 | 8229 |
Dec 2017 | 7831046 | Seed | 5066523 | 2440116 | 3025747 | |
2017 | 3094 | Seed | 4202 | 5453 | 5493 |
View details of Directech Labs's funding rounds and investors
Directech Labs' founders and board of directors
Founder? Claim ProfileThe founders of Directech Labs is Jordan Zommick. Michel Bayan is the CEO of Directech Labs.
Here are the details of Directech Labs' key team members:
- Jordan Zommick: Co-Founder & CTO of Directech Labs.
- Michel Bayan: CEO of Directech Labs.
View details of Directech Labs's Founder profiles and Board Members
Directech Labs' employee count trend
Directech Labs has 16 employees as of Aug 19. Here is Directech Labs's employee count trend over the years:
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Directech Labs's Competitors and alternates
Top competitors of Directech Labs include NICE, Invoca and Assembled. Here is the list of Top 10 competitors of Directech Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | NICE 1986, Hoboken (United States), Public | Cloud based platform offering customer experience management software | - | 75/100 | |
2nd | Invoca 2008, Santa Barbara (United States), Series F | Developer of conversation analytics software for marketing, sales, and contact centers | $202M | 71/100 | |
3rd | Assembled San Francisco (United States), Series B | Developer of workforce management portal | $70.7M | 68/100 | |
4th | Provider of cloud telephony software for business communication and collaboration | $33.4M | 67/100 | ||
5th | Luminoso 2010, Boston (United States), Series B | AI based text analytics solution provider | $31.7M | 66/100 | |
6th | Calabrio 2007, Minneapolis (United States), Acquired | Workforce optimization software for contact centers | $9.29M | 63/100 | |
7th | Clearspeed 2016, San Diego (United States), Series D | Provider of AI and voice-based risk assessment platform | $110M | 63/100 | |
8th | Bandwidth 1999, Raleigh (United States), Public | Cloud-based enterprise collaboration platform for VoIP communication management | $21.9M | 62/100 | |
9th | Intradiem 1995, Alpharetta (United States), Series B | Automation solutions for contact centers, retails and back offices | $32M | 62/100 | |
10th | AI-based sales and marketing solutions for the insurance industry | $16.5M | 61/100 | ||
139th | Directech Labs 2016, Santa Monica (United States), Acquired | AI based analytics solutions to reduce churn | $1.77M | 38/100 |
Looking for more details on Directech Labs's competitors? Click here to see the top ones
Directech Labs's Investments and acquisitions
Directech Labs has made no investments or acquisitions yet.
News related to Directech Labs
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Flow Capital Announces Investment in DirecTech LabsGlobeNewswire•Aug 13, 2019•Flow Capital, Directech Labs
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