Nectar AI - About the company
Nectar AI is a seed company based in Seattle (United States), founded in 2023 by Misbah U and Farah U. It operates as a Community engagement platform for brand and creator businesses. Nectar AI has raised $2M in funding. The company has 626 active competitors, including 84 funded and 33 that have exited. Its top competitors include companies like TrueFan AI, Oak and Humand.
Company Details
Community engagement platform for brand and creator businesses. AI based social commerce platform disrupting social platforms with community engagement solutions for brand and creator businesses.
Key Metrics
Founded Year
2023
Location
Seattle, United States
Stage
Seed
Total Funding
$2M in 1 round
Latest Funding Round
Investors
Ranked
61st among 626 active competitors
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Nectar AI's funding and investors
Nectar AI has raised a total funding of $2M over 1 round. Its latest funding round was a Seed round on Oct 26, 2023 for $*****. 8 investors participated in its latest round. Nectar AI has 7 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Nectar AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 26, 2023 | 1159620 | Seed | 7395816 | 8513416 | 9994402 | 1394064 |
View details of Nectar AI's funding rounds and investors
Nectar AI's founders and board of directors
Founder? Claim ProfileHere are the details of Nectar AI's key team members:
- Misbah U: Co-Founder & CEO of Nectar AI. Contact Info: 1 email address
- Farah U: Co-Founder & CTO of Nectar AI. Contact Info: 1 email address
View details of Nectar AI's Founder profiles and Board Members
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Nectar AI's Competitors and alternates
Top competitors of Nectar AI include TrueFan AI, Oak and Humand. Here is the list of Top 10 competitors of Nectar AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TrueFan AI 2020, Gurugram (India), Series A | Provider of AI video platform for enterprise marketing and content creation | $21.1M | 74/100 | |
2nd | Oak 1994, Newcastle Upon Tyne (United Kingdom), Acquired | Intranet software to connect teams and engage people | $16.5M | 64/100 | |
3rd | Mobile-based suite solutions for enterprise collaboration | $66.5M | 64/100 | ||
4th | Yammer 2008, San Francisco (United States), Acquired | Connect, collaborate, and make decisions faster across your organization | $142M | 63/100 | |
5th | Provider of managed flexible workspaces | $4M | 62/100 | ||
6th | Interact 1996, Manchester (United Kingdom), Acquired | Intranet-based employee communications solutions provider | - | 61/100 | |
7th | Platform offering customer success management software | $65.5M | 60/100 | ||
8th | SanchiConnect 2022, Mumbai (India), Seed | Network of resources enabling deep technology startup growth and investment | $163K | 59/100 | |
9th | Developer of artificial intelligence software for interactive brand character engagement | $11.4M | 58/100 | ||
10th | Haystack 2019, Santa Monica (United States), Series A | Cloud-based enterprise collaboration software | $10.2M | 58/100 | |
61st | Nectar AI 2023, Seattle (United States), Seed | Community engagement platform for brand and creator businesses | $2M | 34/100 |
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Nectar AI's Investments and acquisitions
Nectar AI has made no investments or acquisitions yet.
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