When was Pipe Candy founded?

Pipe Candy was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Pipe Candy located?

Pipe Candy is headquartered in Walnut, United States. It is registered at Old No 9, New No 17, Seethammal Road, Seethammal Colony, Alwa, rpet, Chennai, Chennai, Tamil Nadu, India, 600032.

Which legal entities is Pipe Candy associated with?

Pipe Candy is associated with PIPECANDY TECHNOLOGIES PRIVATE LIMITED.

How many employees does Pipe Candy have?

As of Sep 30, 2026, the latest employee count at Pipe Candy is 26.

Is Pipe Candy a funded company?

Pipe Candy is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 08, 2017.

When was the latest funding round of Pipe Candy?

Pipe Candy's latest funding was a $***** Seed round on Mar 08, 2017, with participation from 4 investors.

What is the annual revenue of Pipe Candy?

Annual revenue of Pipe Candy is between ₹10 Cr and ₹50 Cr as on Mar 31, 2023

Where does Pipe Candy rank among its competitors?

Pipe Candy ranks 56th amongst 1803 active competitors, of which 249 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Topsort, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of Pipe Candy?

Pipe Candy's top competitors include Klaviyo, Rokt Technologies and Riskified. Among them, Topsort secured the most recent funding round in November, 2025.

Pipe Candy - 2026 Company Profile, Team, Funding, Competitors & Financials

Pipe Candy is an acquired company based in Walnut (United States), founded in 2016 by Murali Vivekanandan, Ashwin Ramasamy and Shrikanth Jagannathan. It operates as an Outbound Prospecting tool for Sales representatives. Pipe Candy has raised $1.1M in funding from investors like Axilor Ventures, Emergent Ventures and Chiratae Ventures. The company has 1803 active competitors, including 249 funded and 164 that have exited. Its top competitors include companies like Klaviyo, Rokt Technologies and Riskified.

Company Details

Pipecandy is an email outbound software for the sales representative. Claims to use machine learning and natural language processing for automation of the outbound process of the sales team. Offers Dynamic lists, which is the creation of email lists based on the type of organization and the roles of your prospect with automatic updating of the lists. Also provides for ranking of prospects, sending personalized emails, pre-built email templates and leads about when to contact prospective clients through Smart Tags. Raised $1.1M in seed funding from IDG Ventures, Axilor Ventures, Emergent Ventures and Indian Angel Network in March 2017. DHL and Visible re notable clients.

Website: pipecandy.com
Social
Email ID: *****@pipecandy.com
Registered Address: Old No 9, New No 17, Seethammal Road, Seethammal Colony, Alwa, rpet, Chennai, Chennai, Tamil Nadu, India, 600032

Key Metrics

Founded Year

2016

Location

Walnut, United States

Stage

Acquired

Total Funding

$1.1M in 1 round

Latest Funding Round

Seed, Mar 08, 2017, $*****

Investors

Axilor Ventures & 3 more

Ranked

56^th among 1803 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2023

Employee Count

26 as on Sep 30, 2026

Similar Companies

Klaviyo & 2357 more

Exit Details

Acquired by Assembly (Apr 25, 2022)

View Pipe Candy's full profile

Pipe Candy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PIPECANDY TECHNOLOGIES PRIVATE LIMITED CIN: U74999TN2016FTC104160 , India, Active	Feb 16, 2016	₹10 - ₹50 Cr (As on Mar 31, 2023)	-

Pipe Candy got acquired by Assembly on Apr 25, 2022.

Click here to take a look at Pipe Candy's acquisition in detail

Pipe Candy has raised a total funding of $1.1M over 1 round. Its latest funding round was a Seed round on Mar 08, 2017 for $*****. 4 investors participated in its latest round. Pipe Candy has 4 institutional investors.

Here is the list of recent funding rounds of Pipe Candy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 08, 2017	5302208	Seed	4485945	6072994	8134768	9349499

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View details of Pipe Candy's funding rounds and investors

The founders of Pipe Candy are Murali Vivekanandan, Ashwin Ramasamy and Shrikanth Jagannathan.

Here are the details of Pipe Candy's key team members:

Murali Vivekanandan: Former Co-Founder of Pipe Candy and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 1 email address
Ashwin Ramasamy: Former Co-Founder of Pipe Candy and founder of 1 other company.
Contact Info: 1 phone number
Shrikanth Jagannathan: Former Co-Founder of Pipe Candy.

View details of Pipe Candy's Founder profiles and Board Members

Pipe Candy's employee count trend

Pipe Candy has 26 employees as of Sep 26. Here is Pipe Candy's employee count trend over the years:

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Top competitors of Pipe Candy include Klaviyo, Rokt Technologies and Riskified. Here is the list of Top 10 competitors of Pipe Candy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Klaviyo 2012, Boston (United States), Public	SaaS-based e-mail marketing software solutions for e-commerce businesses	$778M	Astral Capital, Summit Partners & 25 others	81/100
2nd	Rokt Technologies 2012, United States, Series E	Personalized marketing tools for e-commerce businesses	$488M	TDM Growth Partners, Moelis & Company & 21 others	74/100
3rd	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 22 others	74/100
4th	Bango 1999, Cambridge (United Kingdom), Public	Provider of marketing solutions for e-commerce businesses	-	Origin Capital, ET Capital & 5 others	70/100
5th	Magnetic 2008, New York City (United States), Acquired	Search retargeting platform	$47.8M	Edison Partners, CRV & 14 others	70/100
6th	Monetate 2008, Philadelphia (United States), Acquired	Platform offering end to end personalized solution for businesses	$43.9M	Floodgate, OpenView & 11 others	68/100
7th	Nitro Commerce 2023, Gurugram (India), Series A	Developer of software tools for managing online commerce business operations	$7M	Cornerstone Ventures, Catalyst Trusteeship ... & 36 others	68/100
8th	Topsort 2021, Cambridge (United States), Series A	Provider of an AI-powered platform for retailers to manage advertising businesses	$58M	FJ Labs, Upload & 9 others	66/100
9th	Omnisend 2014, London (United Kingdom), Seed	Marketing automation tools and solutions for e commerce retailers	$1.57M	-	64/100
10th	Crossbeam 2018, Philadelphia (United States), Series C	Solutions for data security and privacy	$117M	FirstMark, Uncork Capital & 19 others	64/100
56th	Pipe Candy 2016, Walnut (United States), Acquired	Outbound Prospecting tool for Sales representatives	$1.1M	Chiratae Ventures, IAN Group & 2 others	49/100

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PIPECANDY TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with Pipe Candy, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2023. The revenue of PIPECANDY TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 83% in the last 1 year.

Financial Statement Summary

Metrics	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20	FY 2018-19
Income Statement
Revenue	9107	6076	1120	8925	6882
Total Sales	3243	2390	7092	7306	5357
Total Expenses	1586	9881	9523	3592	1623
Operating Expenses	5580	4525	1565	3058	5461
Employee Expenses	2165	7813	7968	1809	2477
Operating Income (EBIT)	9730	9003	6191	6618	1687
Interest Expenses	6782	9066	3453	9757	3445
Expenses from other activities	7652	4191	7218	8539	5150
EBITDA	6956	6631	6487	6821	4929
Taxes	7805	8022	1017	7181	2914
Net Profit	6236	7355	7305	9079	9998
Balance Sheet
Assets	6643	8949	6687	8309	9522
Accounts Receivables	5778	7016	4383	3544	9201
Inventory	9173	6476	4167	9763	9378
Liabilities	2423	4705	9854	7620	4839
Total Debt	1798	9821	7290	8932	2032
Accounts Payable	9746	2719	6066	4315	7566
Equities	5840	8380	2238	2637	5575