Passage AI - About the company
Passage AI is an acquired company based in Mountain View (United States), founded in 2016 by Madhusudan Mathihalli and Mitul Tiwari. It operates as a Provides a chatbot development platform. Passage AI has raised $10.3M in funding from investors like Storm Ventures, Blumberg Capital and Gunderson Dettmer, with last known valuation of $*****. The company has 3383 active competitors, including 311 funded and 140 that have exited. Its top competitors include companies like HubSpot, Mistral AI and Sinch.
Company Details
Passage AI provides an eponymous chatbot development platform for enterprises. It allows clients to build chatbots on a deep learning-powered NLP engine, without writing code. It can be used to develop chatbots in multiple languages, and offers an analytics dashboard to help customers track the performance of their bots. The Passage AI platform can be used for creating chatbots for multiple industrial use cases, such as for marketing, customer support, enterprise function automation, etc., and for both mobile devices and smart homes devices.
- Website
- passage.ai
Key Metrics
Founded Year
2016
Location
Mountain View, United States
Stage
Acquired
Total Funding
$10.3M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Nov 30, 2020
Investors
Ranked
61st among 3383 active competitors
Employee Count
3 as on May 31, 2026
Similar Companies
Exit Details
Acquired by ServiceNow (Jan 28, 2020)
Passage AI's acquisition details
Passage AI got acquired by ServiceNow on Jan 28, 2020 at an acquisition amount of $*****.
Click here to take a look at Passage AI's acquisition in detail
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Passage AI's funding and investors
Passage AI has raised a total funding of $10.3M over 3 rounds. Its first funding round was on Sep 27, 2017. Its latest funding round was a Grant (prize money) round on Jun 11, 2019 for $*****. 1 investor participated in its latest round. Passage AI has 10 institutional investors.
Here is the list of recent funding rounds of Passage AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 11, 2019 | 4579319 | Grant (prize money) | 9479335 | 5008373 | 3010296 | 3713958 |
May 02, 2018 | 7967720 | Series A | 2664346 | 6506200 | 5794738 | |
Sep 27, 2017 | 8803396 | Seed | 8216464 | 7905452 | 9926612 |
View details of Passage AI's funding rounds and investors
Passage AI's founders and board of directors
Founder? Claim ProfileThe founders of Passage AI are Madhusudan Mathihalli and Mitul Tiwari.
Here are the details of Passage AI's key team members:
- Madhusudan Mathihalli: Co-Founder of Passage AI.
- Mitul Tiwari: Co- Founder of Passage AI.
View details of Passage AI's Founder profiles and Board Members
Passage AI's employee count trend
Passage AI has 3 employees as of May 26. Here is Passage AI's employee count trend over the years:
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Passage AI's Competitors and alternates
Top competitors of Passage AI include HubSpot, Mistral AI and Sinch. Here is the list of Top 10 competitors of Passage AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 87/100 | |
2nd | Mistral AI 2023, Paris (France), Series C | Provider of customizable, open-source artificial intelligence models and solutions for various applications | $3.05B | 83/100 | |
3rd | Provider of customer communications management platform | $12M | 80/100 | ||
4th | Sierra 2023, San Francisco (United States), Series E | A conversational AI platform that helps businesses to build customer experiences | $1.58B | 72/100 | |
5th | Inflection 2022, Palo Alto (United States), Acquired | Provider of emotionally intelligent artificial intelligence for personal and enterprise use | $1.52B | 71/100 | |
6th | Front 2013, San Francisco (United States), Series D | Provider of a customer service platform with AI-powered support tools | $204M | 70/100 | |
7th | Hyro 2014, New York City (United States), Series C | Provider of an AI-based conversational platform | $115M | 70/100 | |
8th | Respond.io 2016, Kuala Lumpur (Malaysia), Series B | Developer of software for managing customer conversations across messaging channels | $71.3M | 69/100 | |
9th | Lucidworks 2007, San Francisco (United States), Series F | Provider of AI-powered search and discovery platform for digital experiences | $218M | 69/100 | |
10th | Gradient Labs 2023, London (United Kingdom), Series A | AI agents to automate manual and repetitive tasks | $30M | 67/100 | |
61st | Passage AI 2016, Mountain View (United States), Acquired | Provides a chatbot development platform | $10.3M | 52/100 |
Looking for more details on Passage AI's competitors? Click here to see the top ones
Passage AI's Investments and acquisitions
Passage AI has made no investments or acquisitions yet.
Reports related to Passage AI
Here is the latest report on Passage AI's geography:
News related to Passage AI
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Passage AI Partners with Talkdesk for Contact Center ChatbotsSmart Customer Service•Nov 12, 2019•Talkdesk, Passage AI
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Passage AI Wins "Technology of the Year" in the 2019 Excellence in Customer Service AwardsPR Newswire•May 08, 2019•Passage AI
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Telax selects Passage AI as Dev Partner for AI-enhanced FeaturesGlobeNewswire•Feb 13, 2019•Telax, Passage AI
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Conversational AI Leader Passage AI Wins Golden Bridge Awards® 'Best Deployments' CategoryPR Newswire•Oct 16, 2018•Passage AI
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Passage AI Secures $7.3 Million in Series A Funding Led by Blumberg CapitalPR Newswire•May 02, 2018•Passage AI, Blumberg Capital, Passage AI
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Passage.AI aims to make building chatbots easy - SiliconANGLESiliconAngle•Sep 27, 2017•Passage AI, Passage AI, Engineering Capital, Storm Ventures and 8 others
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