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 803 active competitors, including 127 funded and 46 that have exited. Its top competitors include companies like Anaplan, Pigment and Vena Marketing.
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
Investors
Ranked
81st among 803 active competitors
Employee Count
14 as on Apr 30, 2026
Legal entities associated with Usage AI
Usage AI is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
USAGEAI, INC. CIN: 32079508399 , United States, Deadpooled | Jun 02, 2021 | - | - | - |
AMERICAN PRO CRICKET, L.L.C. CIN: 3033075 , United States, Active | Mar 29, 2004 | - | - | - |
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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 | 4152745 | Series A | 3867272 | 5884016 | 1402259 | 1666508 |
Mar 18, 2021 | 3767853 | Seed | 5546090 | 9558559 | 7933811 |
View details of Usage AI's funding rounds and investors
Usage AI's founders and board of directors
Founder? Claim ProfileThe 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:
- Kaveh Khorram: Founder & CEO of Usage AI. Contact Info: 1 email address
View details of Usage AI's Founder profiles and Board Members
Usage AI's employee count trend
Usage AI has 14 employees as of Apr 26. Here is Usage AI's employee count trend over the years:
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Usage AI's Competitors and alternates
Top competitors of Usage AI include Anaplan, Pigment and Vena Marketing. Here is the list of Top 10 competitors of Usage AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Anaplan 2006, San Francisco (United States), Acquired | Provider of cloud-based platform for scenario planning, analysis, and reporting | $300M | 77/100 | |
2nd | Business planning and project management platform for businesses | $397M | 73/100 | ||
3rd | Vena Marketing 2011, Toronto (Canada), Series C | Provider of financial planning and analysis platform for business performance | $385M | 72/100 | |
4th | Cloud-based financial planning and analytics solutions for businesses | $175M | 71/100 | ||
5th | Planful 2000, Redwood City (United States), Acquired | Cloud-based financial planning & advisory solutions for businesses | $71.6M | 68/100 | |
6th | Banyan 2013, Holmdel (United States), Acquired | Provider of a platform for receipt data to power commerce innovation | $54.5M | 67/100 | |
7th | Digital bank for freelancers and self-employed | $46.7M | 67/100 | ||
8th | Provider of sustainability software for CO2 accounting and CSRD reporting | $22.9M | 62/100 | ||
9th | Puzzle 2019, San Francisco (United States), Series B | Data management and accounting software for startups | $66.5M | 61/100 | |
10th | Statement 2022, New York City (United States), Acquired | Software-based platform for financial planning and analytics solutions | $12M | 61/100 | |
81st | Usage AI 2020, New York City (United States), Series A | Cloud-based financial analysis solutions for businesses | $9M | 38/100 |
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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
•
Usage.AI Raises $9M in FundingFinSMEs•Sep 13, 2023•Usage AI, Amity Ventures, 10vc, JAM Fund and 1 other
•
Usage Ai Announces The Raise Of A Seed Round Led By Tinder Founder Justin MateenPR Newswire•Mar 18, 2021•Usage AI, Tinder
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