NumberAI, Inc.
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NumberAI, Inc. - overview
Established
2016
Location
Oakland, CA-California, US
Primary Industry
Software
About
NumberAI, Inc. is a US-based company specializing in generative AI solutions for the automotive sector, enhancing customer engagement and operational efficiency for dealerships across the nation. NumberAI, Inc. is focused on providing advanced AI tools to automotive dealerships, headquartered in Oakland, US.
Founded in 2016 by Andy Ruff, Joel Grossman, and Tasso Roumeliotis, the company has navigated its strategic direction to support the growing needs of automotive retailers. The recent funding round, Series B, raised USD 32. 00 mn, bringing the total raised to USD 32. 00 mn with a current valuation of USD 148.
76 mn as of October 2024. Tasso Roumeliotis serves as CEO, leading the company through four investment deals to date, with the latest in October 2024 involving new investor Mitsui & Co. NumberAI, Inc. offers a suite of generative AI solutions tailored for automotive dealerships to boost customer engagement and streamline operations.
Key products include an AI-driven Sales Inbox for automating interactions, advanced voice technology for appointment scheduling, and intelligent routing for customer communications. These tools are designed to enhance the Customer Satisfaction Index (CSI) by integrating seamlessly with existing Dealer Management Systems (DMS), ultimately supporting dealerships in converting leads into loyal customers. Numa's revenue model is based on subscription services, allowing dealerships to access a range of AI-powered tools including the AI Sales Inbox and appointment scheduling systems. These subscription plans are tailored according to the dealership's size and operational needs, fostering B2B transactions that enhance customer service capabilities and operational efficiency for automotive retailers.
Looking ahead, NumberAI, Inc. plans to leverage its recent Series B funding from Mitsui & Co. to further enhance dealer operations with innovative AI tools aimed at improving efficiency and customer satisfaction. The company is poised to expand its market presence within the automotive sector, with a focus on new geographic regions by 2025.
Additionally, the investment will support the development and launch of new products aimed at addressing the evolving needs of automotive dealerships.
Current Investors
Draper Fisher Jurvetson, Costanoa Ventures, Gradient Ventures
Primary Industry
Software
Sub Industries
Public Relations & Communications, Analytics & Performance Software
Website
www.numa.com
Verticals
Artificial Intelligence, Artificial Intelligence, Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only
NumberAI, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SOCKETTIME SYSTEMS, LLC | - | ||||||||
| Add-on | Completed | Ficus | - | ||||||||
| Series B | Completed | NumberAI, Inc. | - | ||||||||
| Series B | Completed | NumberAI, Inc. | - | ||||||||
| Series A | Completed | NumberAI, Inc. | - |
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NumberAI, Inc. - employee data
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