When was Induced founded?

Induced was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Induced located?

Induced is headquartered in Palo Alto, United States.

Who is the current CEO of Induced?

Aryan Sharma of Induced. They have also founded 1 company.

How many employees does Induced have?

As of May 31, 2026, the latest employee count at Induced is 3.

Is Induced a funded company?

Induced is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 04, 2023.

When was the latest funding round of Induced?

Induced's latest funding was a $***** Seed round on Oct 04, 2023, with participation from 16 investors.

Where does Induced rank among its competitors?

Induced ranks 680th amongst 7261 active competitors, of which 467 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Gumloop, which secured $50M in Mar, 2026.

Who are the top competitors of Induced?

Induced's top competitors include Box, Appian and Moveworks. Among them, Gumloop secured the most recent funding round in March, 2026.

Induced - 2026 Company Profile, Team, Funding & Competitors

Company Details

AI-based RPA platform for basic automation. The platform allows users to automate enterprise tasks by combining browsing and web tools with smart reasoning and memory. It leverages software robots for routine tasks, controlling the flow of digital information, and realigning multiple systems to the information needs of a business process.

Website: www.induced.ai/
Social

Key Metrics

Founded Year

2023

Location

Palo Alto, United States

Stage

Seed

Total Funding

$2.3M in 1 round

Latest Funding Round

Seed, Oct 04, 2023, $*****

Investors

Peak XV Partners & 16 more

Ranked

680^th among 7261 active competitors

Employee Count

3 as on May 31, 2026

Similar Companies

Box & 4829 more

View Induced's full profile

Induced is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BUIDL INC CIN: 7004739 , United States, Active	Aug 31, 2022	-	-	-

Induced has raised a total funding of $2.3M over 1 round. Its latest funding round was a Seed round on Oct 04, 2023 for $*****. 16 investors participated in its latest round. Induced has 9 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Induced:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 04, 2023	4567229	Seed	3873360	8647211	3912474	8417912

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View details of Induced's funding rounds and investors

The founders of Induced are Ayush Pathak and Aryan Sharma. Aryan Sharma is the CEO of Induced.

Here are the details of Induced's key team members:

Ayush Pathak: Co-Founder of Induced.
Contact Info: 1 email address
Aryan Sharma: Co-Founder & CEO of Induced.
Contact Info: 1 email address

View details of Induced's Founder profiles and Board Members

Induced's employee count trend

Induced has 3 employees as of May 26. Here is Induced's employee count trend over the years:

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Top competitors of Induced include Box, Appian and Moveworks. Here is the list of Top 10 competitors of Induced, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Box 2005, Redwood City (United States), Public	AI based platform for secure collaboration, content management, and workflow	$693M	DFJ, USVP & 38 others	80/100
2nd	Appian 1999, Reston (United States), Public	Cloud based low code application development and automation platform	$47.5M	New Enterprise Associates, Scheuermann Investment ... & 3 others	75/100
3rd	Moveworks 2016, Mountain View (United States), Acquired	Developer of an AI assistant platform for enterprise workflow automation	$315M	Sapphire Ventures, Tiger Global Management ... & 12 others	73/100
4th	Pipefy 2015, San Francisco (United States), Series C	SaaS-based workflow and task management solution provider	$149M	Trinity Ventures, OpenView & 35 others	72/100
5th	NiCE 1986, Hoboken (United States), Public	Developer of platforms automating customer service using artificial intelligence	-	HarbourVest Partners, H.I.G. Capital & 10 others	71/100
6th	UnifyApps 2023, New York (United States), Series B	AI-powered enterprise platform offering a unified integration layer to connect systems of record	$84.2M	Elevation Capital, The Gsa Revocable Trust ... & 28 others	69/100
7th	Zapier 2011, San Francisco (United States), Seed	Provider of a platform for automating workflows and integrating applications	$2.68M	Sequoia Capital, Bessemer Venture Partners ... & 8 others	68/100
8th	Newgen 1992, Delhi (India), Public	Provider of a unified platform for digital transformation and automation	$17.7M	Ascent Capital, Sapphire Ventures & 6 others	68/100
9th	Gumloop 2023, San Francisco (United States), Series B	AI-powered platform for building and hosting LLM powered automations	$70.6M	Benchmark, First Round Capital & 20 others	68/100
10th	Blue Prism 2001, Warrington (United Kingdom), Acquired	Cloud-based platform for cognitive automation	$30.5M	Herald Investment Management, The Independent Investment Trust ... & 4 others	68/100
680th	Induced 2023, Palo Alto (United States), Seed	AI-based RPA platform for basic automation	$2.3M	Human Capital, SignalFire & 15 others	27/100