Grayscale - About the company
Grayscale is an acquired company based in Atlanta (United States), founded in 2017 by Ty Abernethy and Hubert Liu. It operates as a Provider of AI and cloud-based platform for text recruiting. Grayscale has raised $10.9M in funding from Atlanta Ventures and Praxis. The company has 7 active competitors, including 1 that has exited. Its top competitors include companies like cord, Keeyora and Fastflo.
Company Details
Provider of AI and cloud-based platform for text recruiting. It features an AI-based bot that allows candidates to apply for jobs, and get pre-screened, via text message on Facebook Messenger, Slack, LINE, WeChat, and more. It can be integrated with ATS systems including ADP, Workday, Taleo, and Greenhouse.
- Website
- grayscaleapp.com
- Email ID
- *****@grayscalelabs.com
- Registered Address
- 3423 Piedmont Rd NE, Atlanta, GA 30305, US
Key Metrics
Founded Year
2017
Location
Atlanta, United States
Stage
Acquired
Total Funding
$10.9M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 7 active competitors
Employee Count
42 as on Aug 31, 2026
Exit Details
Acquired by Paylocity (Apr 07, 2026)
Legal entities associated with Grayscale
Grayscale is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Grayscale Labs, Inc. CIN: 20228129645 , United States, Active | Nov 22, 2022 | $1M - $5M (As on Sep 26, 2022) | - | - |
GRAYSCALE LABS, INC. CIN: 32087456128 , United States, Active | Dec 05, 2022 | - | - | - |
Grayscale's acquisition details
Grayscale got acquired by Paylocity on Apr 07, 2026.
Click here to take a look at Grayscale's acquisition in detail
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Grayscale's funding and investors
Grayscale has raised a total funding of $10.9M over 3 rounds. Its first funding round was on 2020. Its latest funding round was a Series A round on Sep 26, 2022 for $*****. 1 investor participated in its latest round. Grayscale has 2 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Grayscale:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 26, 2022 | 9896510 | Series A | 5413178 | 8814798 | 9334478 | 1687618 |
Sep 08, 2021 | 7748719 | Seed | 3922795 | 4575843 | 6600996 | |
2020 | 8480 | Seed | 8723 | 5943 | 1401 |
View details of Grayscale's funding rounds and investors
Grayscale's founders and board of directors
Founder? Claim ProfileHere are the details of Grayscale's key team members:
- Ty Abernethy: Co-Founder & CEO of Grayscale. Contact Info: 1 email address
- Hubert Liu: Co-Founder & CTO of Grayscale.
View details of Grayscale's Founder profiles and Board Members
Grayscale's employee count trend
Grayscale has 42 employees as of Aug 26. Here is Grayscale's employee count trend over the years:
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Grayscale's Competitors and alternates
Top competitors of Grayscale include cord, Keeyora and Fastflo. Here is the list of Top 10 competitors of Grayscale, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Grayscale 2017, Atlanta (United States), Acquired | Provider of AI and cloud-based platform for text recruiting | $10.9M | 46/100 | |
2nd | cord 2016, London (United Kingdom), Unfunded | Online messaging tool for searching job | - | - | 22/100 |
3rd | Cloud-based text recruiting platform for applicant tracking | - | - | 21/100 | |
4th | Fastflo 2025, San Francisco (United States), Unfunded | Developer of recruitment software using messaging applications for candidate communication | - | - | 19/100 |
5th | Provider of messaging tools connecting job seekers directly with recruiters | - | - | 18/100 | |
6th | MyRecruiter 2021, Austin (United States), Unfunded | Cloud-based text recruiting platform for enterprises | - | - | 18/100 |
7th | ![]() Juju New York (United States), Unfunded | Provider of text recruiting software with automation and AI capabilities | - | - | 18/100 |
8th | Hirepeople 2022, Plan les Ouates (Switzerland), Deadpooled | Online AI interfaced chrome extension for text based recruitment through social media | - | - | 15/100 |
Looking for more details on Grayscale's competitors? Click here to see the top ones
Grayscale's Investments and acquisitions
Grayscale has made no investments or acquisitions yet.
Reports related to Grayscale
Here is the latest report on Grayscale's sector:
News related to Grayscale
Media has covered Grayscale for a total of 3 events in the last 1 year.
•
Paylocity Acquires Grayscale to Expand AI-Powered Recruiting CapabilitiesRad AI•Apr 09, 2026•Grayscale, Paylocity
•
Grayscale Sees Crypto Valuations Recovering as Global Pressures EaseBitcoin•Mar 26, 2026•BVNK, Grayscale, Mastercard, Paylocity and 1 other
•
Atlanta Tech Village Startup Raises $7.5M to Grow RecruitingMetro Atlanta CEO•Sep 28, 2022•Atlanta Ventures, Grayscale
•
Grayscale Raises $3.25m to Help Make High Volume Hiring More HumanGrayscale•Sep 08, 2021•Grayscale, Atlanta Ventures
•
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