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Iterate.ai logo — Enterprise low-code AI Platform

Iterate.ai

Enterprise low-code AI Platform

Founded 2013 United States San Jose, United States 47 employees Venture round Total: $4.30M AI, IoT +4

General Information

Company Name Iterate.ai
Founded Year 2013
Location United States San Jose, United States
Employees 47
Industries AI, IoT, Retail +3
Funding Stage Venture round
Social

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About Iterate.ai

Iterate.ai is an enterprise low-code AI platform that has gained significant traction among CDO, CMO, and CIO's for its ability to accelerate Digital Transformation in a modern way. The company's flagship product, Interplay, accounts for 90% of its revenue and is favored by enterprises ranging from $1 billion to $60 billion for its unparalleled capability to expedite prototyping of digital, AI, and IoT solutions by 17x. Moreover, Interplay is instrumental in seamlessly scaling these digital apps into production, even on the Edge, currently processing AI on Edge Computers in over 3,000 locations. With formal partnerships with industry giants like Nvidia, Google Cloud, and AWS, Iterate.ai has garnered attention. The company's accelerated software development stems from the 475 prebuilt software components, including 43 AI enablers such as Random Forest Classifiers, as well as over 3,500 reusable components available from the dev community. Iterate.ai's product suite is complemented by Signals, a proprietary offering that leverages AI to monitor startups, patents, and emerging trends, empowering executives in decision-making and ensuring the best-of-breed quality of Interplay's pre-built components. The extensive impact of Iterate.ai is evidenced by its partnerships with large clients across a multitude of industries, including financial services, retail, healthcare, education, telecom, luxury, hospitality, and CPG. The company's remarkable growth to more than $10 million in revenue on a modest $82,000 per month marketing budget without any salesperson marks a testament to its unique value proposition, all driven by word-of-mouth referrals. Having received a $1.09M Venture Round investment on 11 September 2023, Iterate.ai's potential for disrupting the AI and low-code development space is worth monitoring closely.

Taxonomy: Enterprise AI Platform, Low-code Software, Digital Transformation, IoT Solutions, AI Enablers, Edge Computing, Digital Innovation, Computer Vision, Open Innovation, Internet of Things, Deep Learning, Applied Innovation

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $1.09M -
11 Sep 2023
Venture Round $1.55M -
24 Aug 2018
Venture Round $700.00K -
20 Jul 2016
Seed Round $950.00K 1
Haatch Ventures
Haatch Ventures
12 Feb 2014

Iterate.ai Alternatives & Competitors

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FAQ About Iterate.ai

Enterprise low-code AI Platform
Iterate.ai was founded in 2013.
Iterate.ai is headquartered in San Jose, United States.
Iterate.ai operates in AI, IoT, Retail, Banking, Automotive and Machine Learning. Its work centres on Enterprise AI Platform, Low-code Software, Digital Transformation and IoT Solutions.
Iterate.ai has approximately 47 employees.
Iterate.ai has completed 4 funding rounds, raising a total of $4.30M. The latest funding stage is Venture round.
Top alternatives and competitors to Iterate.ai include Edgeworx, viso.ai, Cloneable.ai, GrAI Matter Labs, Deeplite. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Iterate.ai and Edgeworx are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Iterate.ai , https://bouncewatch.com/company/iterateai, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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