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Usage AI - About the company

Usage AI is a series A company based in New York City (United States), founded in 2020 by Kaveh Khorram. It operates as a Cloud-based financial analysis solutions for businesses. Usage AI has raised $9M in funding from Amity Ventures. The company has 863 active competitors, including 127 funded and 48 that have exited. Its top competitors include companies like Anaplan, Vena Marketing and Pigment.

Company Details

Cloud-based financial analysis solutions for businesses. It offers solutions for purchase management, financial forecasting, payment management, sales management, and more. It uses artificial intelligence technology for financial support.
Key Metrics
Founded Year
2020
Location
New York City, United States
Stage
Series A
Total Funding
$9M in 2 rounds
Latest Funding Round
Ranked
Employee Count
12 as on Aug 31, 2026
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Usage AI's funding and investors

Usage AI has raised a total funding of $9M over 2 rounds. Its first funding round was on Mar 18, 2021. Its latest funding round was a Series A round on Sep 13, 2023 for $*****. 4 investors participated in its latest round. Usage AI has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Usage AI:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 13, 2023
1888111
Series A
6990269
1198243
3855828
5293139
Mar 18, 2021
8825872
Seed
9516010
9166777
8353535
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Usage AI's founders and board of directors

Founder? Claim Profile
The founders of Usage AI is Kaveh Khorram. Kaveh Khorram is the CEO of Usage AI.
Here are the details of Usage AI's key team members:

Usage AI's employee count trend

Usage AI has 12 employees as of Aug 26. Here is Usage AI's employee count trend over the years:
Employee count trend for Usage AI
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Usage AI's Competitors and alternates

Top competitors of Usage AI include Anaplan, Vena Marketing and Pigment. Here is the list of Top 10 competitors of Usage AI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Anaplan
Anaplan
2006, San Francisco (United States), Acquired
Provider of cloud-based platform for scenario planning, analysis, and reporting
$300M
77/100
2nd
Logo for Vena Marketing
Vena Marketing
2011, Toronto (Canada), Series C
Provider of financial planning and analysis platform for business performance
$385M
73/100
3rd
Logo for Pigment
Pigment
2019, Paris (France), Series D
Business planning and project management platform for businesses
$397M
73/100
4th
Logo for Datarails
Datarails
2015, New York City (United States), Series C
Developer of financial planning and analysis software for spreadsheet users
$175M
68/100
5th
Logo for Banyan
Banyan
2013, Holmdel (United States), Acquired
Provider of a platform for receipt data to power commerce innovation
$54.5M
64/100
6th
Logo for Kontist
Kontist
2016, Berlin (Germany), Acquired
Digital bank for freelancers and self-employed
$46.7M
64/100
7th
Logo for Mighty
Mighty
2015, New York City (United States), Series B
Provider of software solutions for the management of legal funding
$14.2M
63/100
8th
Logo for Decisyon
Decisyon
2005, San Francisco (United States), Series B
Provider of platform for corporate performance management
$55.9M
60/100
9th
Logo for Tanso
Tanso
2020, Munich (Germany), Series A
Provider of sustainability software for CO2 accounting and CSRD reporting
$22.9M
60/100
10th
Logo for Condor
Condor
2003, San Diego (United States), Series A
Software-based financial management platform for clinical industries
$36M
59/100
77th
Logo for Usage AI
Usage AI
2020, New York City (United States), Series A
Cloud-based financial analysis solutions for businesses
$9M
51/100
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Usage AI's Investments and acquisitions

Usage AI has made no investments or acquisitions yet.

Reports related to Usage AI

Here is the latest report on Usage AI's sector:

News related to Usage AI

Media has covered Usage AI for a total of 2 events in the last 1 year, 2 of them have been about company updates.
Usage.AI Raises $9M in FundingFinSMEsSep 13, 2023Usage AI, Amity Ventures, 10vc, JAM Fund and 1 other
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FAQs about Usage AI

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