When was Koi Reader founded?

Koi Reader was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Koi Reader located?

Koi Reader is headquartered in Dallas, United States. It is registered at HD-200, WEWORK SALARPURIA MAGNIFICIA, TIN FACTORY, 78, OLD MADRAS ROAD, DOORAVANINAGAR, MAHADEVAPURA, NEXT TO KR PURAM, Doorvaninagar, Bangalore, Bangalore North, Karnataka, India, 560016.

Who is the current CEO of Koi Reader?

Ashutosh Prasad of Koi Reader. They have also founded 1 company.

Which legal entities is Koi Reader associated with?

Koi Reader is associated with KOIREADER TECHNOLOGIES PRIVATE LIMITED and 1 other.

How many employees does Koi Reader have?

As of Aug 31, 2026, the latest employee count at Koi Reader is 148.

Is Koi Reader a funded company?

Koi Reader is a funded company, having raised a total of $60K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 13, 2019.

When was the latest funding round of Koi Reader?

Koi Reader's latest funding was a $***** Grant (prize money) round on Aug 09, 2022, with participation from 1 investor. Its primary sector is Logistics Tech. In United States, the Logistics Tech sector has seen $3.75B in funding in 2026 to date.

What is the annual revenue of Koi Reader?

Annual revenue of Koi Reader is less than ₹10 Cr as on Mar 31, 2025

Where does Koi Reader rank among its competitors?

Koi Reader ranks 13th amongst 665 active competitors, of which 44 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Rapta, which secured $10.8M in Sep, 2026.

Who are the top competitors of Koi Reader?

Koi Reader's top competitors include Cognex, Cerrion and Generix Group. Among them, Rapta secured the most recent funding round in September, 2026.

Koi Reader - 2026 Company Profile, Team, Funding, Competitors & Financials

Koi Reader is a seed company based in Dallas (United States), founded in 2019 by Vivek Prasad and Ashutosh Prasad. It operates as a Provider of AI-powered platform for supply chain and logistics optimization. Koi Reader has raised $60K in funding. The company has 665 active competitors, including 44 funded and 60 that have exited. Its top competitors include companies like Cognex, Cerrion and Generix Group.

Company Details

Provider of AI-powered platform for supply chain and logistics optimization. The platform offers solutions for manufacturing, warehouse, yard, retail, and port operations. It provides capabilities such as surface defect detection, smart carton count, and autonomous yard operations. The platform integrates with ERP, WMS, YMS, TOS, and other legacy systems. It also offers digital twin and generative AI capabilities.

Website: www.koireader.com/
Social
Email ID: *****@koireader.com
Registered Address: HD-200, WEWORK SALARPURIA MAGNIFICIA, TIN FACTORY, 78, OLD MADRAS ROAD, DOORAVANINAGAR, MAHADEVAPURA, NEXT TO KR PURAM, Doorvaninagar, Bangalore, Bangalore North, Karnataka, India, 560016

Key Metrics

Founded Year

2019

Location

Dallas, United States

Stage

Seed

Total Funding

$60K in 2 rounds

Latest Funding Round

Grant (prize money), Aug 09, 2022, $*****

Investors

MassChallenge & 1 more

Ranked

13^th among 665 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

148 as on Aug 31, 2026

Similar Companies

Kindred & 1041 more

View Koi Reader's full profile

Koi Reader is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KOIREADER TECHNOLOGIES INC. CIN: 32073777529 , United States, Active	Mar 18, 2020	-	-	-
KOIREADER TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2019PTC121221 , India, Active	Feb 08, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	46 (As on Aug 31, 2025)

Koi Reader has raised a total funding of $60K over 2 rounds. Its first funding round was on Jun 13, 2019. Its latest funding round was a Grant (prize money) round on Aug 09, 2022 for $*****. 1 investor participated in its latest round. Koi Reader has 2 institutional investors.

Here is the list of recent funding rounds of Koi Reader:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 09, 2022	3545918	Grant (prize money)	2006685	3063303	3663929	1194764
Jun 13, 2019	4866618	Seed	7751963	5484174	6146351	9366564

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View details of Koi Reader's funding rounds and investors

The founders of Koi Reader are Vivek Prasad and Ashutosh Prasad. Ashutosh Prasad is the CEO of Koi Reader.

Here are the details of Koi Reader's key team members:

Vivek Prasad: Co-Founder & CTO | Building the "Shopify of Operational Automation" of Koi Reader. They serve on the board of 1 company.
Ashutosh Prasad: Co-Founder & CEO of Koi Reader.
Contact Info: 1 email address

Koi Reader's Board of Directors

Koi Reader's board has 1 active member. Vivek Prasad is part of team.

Here is the list of Koi Reader's board of directors:

Name	Type	Representing	Status	Duration
Vivek Prasad	Team	-	Current	7y 7m

View details of Koi Reader's Founder profiles and Board Members

Koi Reader's employee count trend

Koi Reader has 148 employees as of Aug 26. Here is Koi Reader's employee count trend over the years:

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Top competitors of Koi Reader include Cognex, Cerrion and Generix Group. Here is the list of Top 10 competitors of Koi Reader, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cognex 1981, Natick (United States), Public	Manufacturer of machine vision systems and industrial barcode readers and verifiers	-	Starboard Capital Partners, Venrock	68/100
2nd	Cerrion 2021, Zurich (Switzerland), Series A	Developer of computer vision software for monitoring industrial production lines	$23.5M	Creandum, Goat Capital & 19 others	62/100
3rd	Generix Group 1996, Paris (France), Public	Supply chain and collaboration solutions	-	Montefiore Investment, ESW Capital & 4 others	62/100
4th	DecisionPoint 1995, Irvine (United States), Public	Provider of a field service and warehouse management solution	$16.3M	Battery Ventures, Sigma Capital Partners	59/100
5th	Gather AI 2017, Pittsburgh (United States), Series B	Provider of physical artificial intelligence for intralogistics, warehouse, and plant operations	$74M	Tribeca Venture Partners, Smith Point Capital ... & 9 others	58/100
6th	Fishbowl 2001, Orem (United States), Acquired	Inventory management software for QuickBooks and Xero, streamlining operations	-	-	57/100
7th	Assert AI 2018, Mumbai (India), Series A	Developer of computer vision software for real-time operational intelligence	$7.12M	Arya.ag, Avm Consulting & 11 others	56/100
8th	Syncron 1999, Stockholm (Sweden), Late Stage	Provider of aftermarket service lifecycle management solutions for multiple industries	$67M	Summit Partners, Technorocks & 1 others	56/100
9th	Ripik.AI 2021, Noida (India), Seed	Developer of computer vision platform and AI agents for industries	$14.2M	Accel, Venture Highway & 37 others	54/100
10th	Rapta 2021, Tigard (United States), Series A	Provider of an AI platform for manufacturing quality control and automation	$14.1M	Voyager Capital, Access Venture Partners & 8 others	54/100
13th	Koi Reader 2019, Dallas (United States), Seed	Provider of AI-powered platform for supply chain and logistics optimization	$60K	MassChallenge, PIER71	50/100