UG Labs - About the company
UG Labs is a series A company based in Tel Aviv (Israel), founded in 2022 by Shachar Mendelowitz and Ariel Leventhal. It operates as an AI engine for voice-based digital engagement and conversation. UG Labs has raised $7M in funding from MoreVC and Amiti. The company has 1130 active competitors, including 132 funded and 48 that have exited. Its top competitors include companies like Mistral AI, Sarvam and Sierra.
Company Details
AI engine for voice-based digital engagement and conversation. The platform offers a conversational engine that creates an interactive experience for kids.
- Website
- uglabs.io
- Email ID
- *****@uglabs.io
- Phone Number
- +972 **********
- Registered Address
- 27 OLD GLOUCESTER STREET,LONDON,UNITED KINGDOM,WC1N 3AX
Key Metrics
Founded Year
2022
Location
Tel Aviv, Israel
Stage
Series A
Total Funding
$7M in 1 round
Latest Funding Round
Ranked
71st among 1130 active competitors
Employee Count
14 as on Aug 31, 2026
Legal entities associated with UG Labs
UG Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
UNIVERSAL GRAMMAR LIMITED CIN: 10901058 , United Kingdom, Active | Aug 03, 2017 | - | - |
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UG Labs's funding and investors
UG Labs has raised a total funding of $7M over 1 round. Its latest funding round was a Series A round on Mar 11, 2024 for $*****. 3 investors participated in its latest round. UG Labs has 3 institutional investors.
Here is the list of recent funding rounds of UG Labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 11, 2024 | 1931041 | Series A | 6017790 | 7674034 | 4556700 | 8431563 |
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UG Labs' founders and board of directors
Founder? Claim ProfileThe founders of UG Labs are Shachar Mendelowitz and Ariel Leventhal. Ariel Leventhal is the CEO of UG Labs.
Here are the details of UG Labs' key team members:
- Shachar Mendelowitz: Co-Founder of UG Labs. Contact Info: 1 email address
- Ariel Leventhal: Co-Founder & CEO of UG Labs. Contact Info: 1 email address
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UG Labs' employee count trend
UG Labs has 14 employees as of Aug 26. Here is UG Labs's employee count trend over the years:
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UG Labs's Competitors and alternates
Top competitors of UG Labs include Mistral AI, Sarvam and Sierra. Here is the list of Top 10 competitors of UG Labs, ranked by Tracxn score:
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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 | 83/100 | |
2nd | Developer of artificial intelligence models for speech and document processing | $350M | 75/100 | ||
3rd |  Sierra 2023, San Francisco (United States), Series E | A conversational AI platform that helps businesses to build customer experiences | $1.58B | 72/100 | |
4th |  Inflection 2022, Palo Alto (United States), Acquired | Provider of emotionally intelligent artificial intelligence for personal and enterprise use | $1.52B | 71/100 | |
5th | Hyro 2014, New York City (United States), Series C | Provider of an AI-based conversational platform | $115M | 70/100 | |
6th |  Cartesia 2023, San Francisco (United States), Series A | Provider of real-time text-to-speech API with AI laughter and emotion | $86M | 67/100 | |
7th | Provider of voice and language technology, software, and hardware solutions | $208M | 66/100 | ||
8th | Vapi 2020, San Francisco (United States), Series B | Voice AI platform for developers | $75.2M | 66/100 | |
9th | Avaamo 2014, Los Altos (United States), Series A | Provider of conversational AI platform for enterprises | $23.5M | 66/100 | |
10th | Provider of AI-powered customer service automation platform and agent assistance | $165M | 66/100 | ||
71st | AI engine for voice-based digital engagement and conversation | $7M | 43/100 |
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UG Labs's Investments and acquisitions
UG Labs has made no investments or acquisitions yet.
News related to UG Labs
•
UG Labs raises $7M to infuse conversational AI into games for kidsVentureBeat•Mar 11, 2024•UG Labs, MoreVC, Amiti, MediaTek
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