Purplegrids, Inc.
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Purplegrids, Inc. - overview
Established
2017
Location
Milpitas, CA, US
Primary Industry
Software
About
Founded in 2017 by Joseph John (CEO) and Shibi Sudhakaran, and based in California, US, Purplegrids, Inc. operates as software as a service company that provides an artificial intelligence-driven customer experience automation platform to the healthcare, retail, financial, and automotive industries. In November 2023, Mondee, Inc. , a portfolio company of Travco Corporation Ltd, Origami Capital Partners, Morgan Stanley Investment Management, Ithaca Capital Management, Entertainment Benefits Group, LLC, Axia Ventures Group, and Arc PE, acquired Purplegrids, Inc.
The firm’s customers include Apple, Paypal, Oracle, Sun Microsystems, and Hewlett Packard. As of November 2023, the company operates from locations in the US, Dubai, and Bengaluru, India. The firm offers a cloud platform that uses generative AI, private LLMs, Deep Learning, and Computer Vision for users to build no-code or low-code apps. The platform enables integrations and a framework that supports customer engagement, offers actionable insights to businesses, and automates business processes.
Current Investors
Mondee, Inc.
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software, Customer Relationship Management
Website
www.purplegrids.com/
Verticals
Artificial Intelligence, Artificial Intelligence, Cloud Computing, Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Purplegrids, 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 | Purplegrids, Inc. | - |
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