When was Passage AI founded?

Passage AI was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Passage AI located?

Passage AI is headquartered in Mountain View, United States.

How many employees does Passage AI have?

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

Is Passage AI a funded company?

Passage AI is a funded company, having raised a total of $10.3M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 27, 2017.

How much is Passage AI worth?

The last known valuation of Passage AI was $***** as of Nov 30, 2020.

When was the latest funding round of Passage AI?

Passage AI's latest funding was a $***** Grant (prize money) round on Jun 11, 2019, with participation from 1 investor. Its primary sector is Natural Language Processing. In United States, the Natural Language Processing sector has seen $532M in funding in 2026 to date.

Where does Passage AI rank among its competitors?

Passage AI ranks 42nd amongst 2239 active competitors, of which 243 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Respond.io, which secured $62.5M in Jun, 2026.

Who are the top competitors of Passage AI?

Passage AI's top competitors include Mistral AI, Sinch and Inflection. Among them, Respond.io secured the most recent funding round in June, 2026.

Passage AI - 2026 Company Profile, Team, Funding & Competitors

Q: Is Passage AI an acquired company?

Passage AI got acquired by ServiceNow on Jan 28, 2020.

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
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Key Metrics

Founded Year

2016

Location

Mountain View, United States

Stage

Acquired

Total Funding

$10.3M in 3 rounds

Latest Funding Round

Grant (prize money), Jun 11, 2019, $*****

Last Known Valuation

$***** as on Nov 30, 2020

Investors

Storm Ventures & 9 more

Ranked

42^nd among 2239 active competitors

Employee Count

3 as on May 31, 2026

Similar Companies

Mistral AI & 3341 more

Exit Details

Acquired by ServiceNow (Jan 28, 2020)

View Passage AI's full profile

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

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	4390691	Grant (prize money)	5093460	1243670	4694837	6877784
May 02, 2018	2700657	Series A	8749130	9095870	8606665	Storm Ventures & 2 more
Sep 27, 2017	7069443	Seed	5452263	8680168	Engineering Capital & 7 more	7651833

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View details of Passage AI's funding rounds and investors

The founders of Passage AI are Madhusudan Mathihalli, Madhu Mathihalli, Ravi N Raj and Mitul Tiwari.

Here are the details of Passage AI's key team members:

Madhusudan Mathihalli: Co-Founder of Passage AI.
Madhu Mathihalli: CTO & Co-Founder of Passage AI and founder of 1 other company.
Ravi N Raj: Co-Founder & CEO 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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Top competitors of Passage AI include Mistral AI, Sinch and Inflection. Here is the list of Top 10 competitors of Passage AI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mistral AI 2023, Paris (France), Series C	Provider of customizable, open-source artificial intelligence models and solutions for various applications	$3.05B	Lightspeed Venture Partners, General Catalyst ... & 51 others	83/100
2nd	Sinch 2008, Stockholm (Sweden), Public	Provider of customer communications management platform	$12M	SoftBank Group, EDBI & 8 others	81/100
3rd	Inflection 2022, Palo Alto (United States), Acquired	Provider of emotionally intelligent artificial intelligence for personal and enterprise use	$1.52B	Nvidia, Microsoft & 10 others	71/100
4th	Sierra 2023, San Francisco (United States), Series E	A conversational AI platform that helps businesses to build customer experiences	$1.58B	Greenoaks, Google Ventures & 5 others	71/100
5th	Hyro 2014, New York City (United States), Series C	Provider of an AI-based conversational platform	$115M	Healthier Capital, Spider Capital & 16 others	70/100
6th	Gradient Labs 2023, London (United Kingdom), Series A	AI agents to automate manual and repetitive tasks	$30M	LocalGlobe, Octopus Ventures & 16 others	68/100
7th	Vapi 2020, San Francisco (United States), Series B	Voice AI platform for developers	$75.2M	Bessemer Venture Partners, Peak XV Partners ... & 8 others	66/100
8th	Cognigy 2016, Dusseldorf (Germany), Acquired	Provider of AI-powered customer service automation platform and agent assistance	$165M	Insight Partners, Nordic Makers & 12 others	66/100
9th	Respond.io 2016, Hong Kong (China), Series B	Provider of AI-powered platform unifying customer touchpoints and CRM integrations	$71.3M	KTB Network, Beyond Ventures & 9 others	66/100
10th	Druid Intelligence 2018, Bucharest (Romania), Series C	AI-powered chatbot development platform	$78.5M	Cipio Partners, TQ Ventures & 11 others	65/100
42nd	Passage AI 2016, Mountain View (United States), Acquired	Provides a chatbot development platform	$10.3M	Storm Ventures, 11.2 Capital & 8 others	52/100