Marax - About the company
Marax is a seed company based in Bengaluru (India), founded in 2016 by Sumant Subrahmanya, Raman Shrivastava and Prateek Gupta. It operates as an AI-enabled solution to reduce churn rate. Marax has raised an undisclosed amount in funding from investors like Artesian, Axilor Ventures and Zeroth Ai. The company has 788 active competitors, including 47 funded and 31 that have exited. Its top competitors include companies like Centific, VoyagerX and Filament AI.
Company Details
Marax provides an AI-enabled solution to reduce the churn rate. Helps in predicting possible churns and churn drivers based on contextual usage by the customers. Also, recommends actions to retain the possible churns. NestAway, Daily Ninza, Fynd, and Orahi are part of their clientele.
- Website
- marax.ai
- Email ID
- *****@marax.in
- Phone Number
- +91 **********
- Registered Address
- No. 198, 2nd Floor, CMH Road, 2nd Stage Near-Shanti Sagra Hotel, Indiranagar, Bangalore, Bengaluru, Karnataka, India, 560038
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Seed
Latest Funding Round
Ranked
10th among 788 active competitors
Annual Revenue
₹1.88Cr as on Mar 31, 2022
Employee Count
37 as on Jan 31, 2023
Legal entities associated with Marax
Marax is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MARAX TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2016PTC094957 , India, Active | Jul 13, 2016 | $252K (As on Mar 31, 2022) | 37 (As on Jan 31, 2023) |
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Marax's funding and investors
Marax has raised funding over 3 rounds. Its first funding round was on Oct 2017. Its latest funding round was a Seed round on Dec 24, 2018 for $*****. 2 investors participated in its latest round. Marax has 3 institutional investors.
Here is the list of recent funding rounds of Marax:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 24, 2018 | 7099988 | Seed | 2324746 | 2716130 | 4213434 | 6623658 |
Oct 24, 2017 | 3645625 | Seed | 1377454 | 6167651 | 2782774 | 7027008 |
Oct 2017 | 6461005 | Conventional Debt | 9853622 | 9225780 | 7488116 | 1314052 |
View details of Marax's funding rounds and investors
Marax's founders and board of directors
Founder? Claim ProfileHere are the details of Marax's key team members:
- Sumant Subrahmanya: Former Co-Founder of Marax and founder of 1 other company. Contact Info: 1 email address
- Raman Shrivastava: Former Co-Founder of Marax. Contact Info: 1 phone number
- Prateek Gupta: Former Co-Founder of Marax and founder of 1 other company. Contact Info: 1 email address
View details of Marax's Founder profiles and Board Members
Marax's employee count trend
Marax has 37 employees as of Jan 23. Here is Marax's employee count trend over the years:
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Marax's Competitors and alternates
Top competitors of Marax include Centific, VoyagerX and Filament AI. Here is the list of Top 10 competitors of Marax, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Centific 2018, Redmond (United States), Series A | Provider of AI, data analytics, and other services | $60M | 54/100 | |
2nd | VoyagerX 2017, Seoul (South Korea), Series A | AI-based platform offering software solutions | $39.3M | 53/100 | |
3rd | Filament AI 2016, United Kingdom, Series A | AI-powered private equity enablement platform | $8.4M | 52/100 | |
4th | Allen Institute for Artificial Intelligence 2014, Seattle (United States), Funding Raised | Provider of AI research, natural language processing, and computer vision services | - | 48/100 | |
5th | AI-powered MLOps solutions for deployment of machine learning models | - | - | 46/100 | |
6th | Future Standard 2014, Bunkyo (Japan), Acquired | Provider of AI development services | $3.51M | 45/100 | |
7th | All Turtles 2017, San Francisco (United States), Series A | AI based software development studio | $5M | 45/100 | |
8th | Augtera 2017, San Francisco (United States), Acquired | Provider of AI development services | $18M | 44/100 | |
9th | Syncly 2022, San Francisco (United States), Seed | AI based customer feedback analytics software for enterprises | $3.3M | 44/100 | |
10th | AI-enabled solution to reduce churn rate | - | 43/100 |
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Marax's Investments and acquisitions
Marax has made no investments or acquisitions yet.
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