How did Latka collect this data?
Latka collected this data by interviewing Ada CEO Mike Murchison on 05/07/2021
Watch the podcastAda
Toronto, Canada, Canada
Ada's AI-powered platform enables enterprise businesses around the world to automate an incredible customer experience that saves time, reduces cost, and strengthens support. Our industry-leading clients like Telus, Upwork and Shopify, trust us to harmonize humans and AI to deliver instant, empathic, and effortless customer engagement.
2016
Founded
$35M
2023 Revenue
YOY
$192.2M
Funding
Ada Revenue
In 2023, Ada revenue run rate hit $35M in revenue.
2021
Ada hit $35M in revenue in 2021
2020
Ada hit $17.9M in revenue in 2020
2018
Ada hit $4.5M in revenue in 2018
2016
Ada launched in 2016 with $0 revenue
Ada Funding History
2021 Series C
Ada raised a Series C of $130M at a $1.1B valuation in May 2021
2020 Series B
Ada raised a Series B of $44M
2018 Series A
Ada raised a Series A of $15.7M
2017 Seed Round
Ada raised a Seed Round of $2.5M
2016 Non Equity Assistance
Ada raised a Non Equity Assistance of Unknown
2016 Pre Seed Round
Ada raised a Pre Seed Round of Unknown
2014 Pre Seed Round
Ada raised a Pre Seed Round of Unknown
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
05/07/2021 | Series C | $130M | $1.1B |
03/19/2020 | Series B | $44M | |
12/18/2018 | Series A | $15.7M | |
07/20/2017 | Seed Round | $2.5M | |
10/08/2016 | Non Equity Assistance | Unknown | |
01/01/2016 | Pre Seed Round | Unknown | |
05/27/2014 | Pre Seed Round | Unknown |
Team
Ada has 385 total employees and 45 sales reps that carry a quota. They have 5000 customers an engineering team of 55 and a marketing team of 13
DISTRIBUTION | QTY |
---|---|
Total team size | 385 |
Engineer | 55(14%) |
Sales | 45(12%) |
Marketing | 13(3%) |
CEO/Founder
What`s your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Ada has 5K customers.
Lifetime Months
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Ada Board of Directors
Name | Position | Working Email | Personal Email |
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Ada Executives
Name | Position | Working Email | Personal Email |
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Mike Murchison | CEO | - | - |
Ada Employees
Name | Position | Working Email | Personal Email |
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Mike Murchison | CEO | - | - |
Frequently Asked Questions about Ada
When was Ada founded?
Ada was founded in 2016.
How much revenue does Ada generate?
Ada generates $35M in revenue.
Who is the CEO of Ada?
The CEO of Ada is Mike Murchison.
How much funding does Ada have?
Ada raised $192.2M.
How many employees does Ada have?
Ada has 385 employees.
Where is Ada headquarters?
Ada is headquartered in Canada
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