Ada logo
Founded 2016

Ada

2021 Revenue

$35.0M

YOY

95.37%

Funding

$192.2M

Overview

About Ada

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.

Monthly Revenue

$2.9M

+ $1.4M (95.37%)
Total Expenses

$2.9M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

95.37%

=
Rule of 40

95


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Ada CEO Mike Murchinson on 05/07/2021

Watch the podcast


Headquarters

TorontoCanadaCanada
Website

ada.cx

Ada Revenue vs Funding

$Funding$Revenue

Ada Revenue

In 2021, Ada revenue run rate hit $35.0M in revenue.

298.00%▲95.00%▲$4.5M$17.9M$35.0M

Ada Valuation and Funding History

Ada has raised a total of $192.2M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
05/07/2021$130.0M$1.2B
03/19/2020$44.0M
12/18/2018$15.7M
07/20/2017$2.5M

Customers

Ada has 5K customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Ada has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Ada has 235 employees. They have 45 sales reps that carry a quota They have an engineering team of 55. and a marketing team of 13.

2020202118.00%▲
DistributionQty

Total Team Size

235

Engineers

55 (23%)

Sales

45 (19%)

Marketing

13 (6%)

CEO/Founder

Mike Murchinson

Mike Murchinson is the CEO of Ada Support Inc. He also has co-founded Volley, a social search engine, and Atlus, a mobile restaurant recommendation platfrom.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


Is this your company? Add our badge to your website:

Frequently Asked Questions about Ada

When was Ada founded?

Ada was founded in 2016.


Who is the CEO of Ada?

The CEO of Ada is Mike Murchinson


How many employees does Ada have?

Ada has 235 employees.

How much revenue does Ada generate?

Ada generates $35.0M in revenue.


How much funding does Ada have?

Ada has raised $192.2M.


Where is Ada headquarters?

Ada is headquartered at TorontoCanadaCanada

People Also Viewed

SunGard logo

SunGard

Provider of corporate action processes and automation services. The company offers XSP v5, a automation software that supports the corporate life-cycle.

Rapid7 logo

Rapid7

Provides security analytics and automation

Acoustic logo

Acoustic

Acoustic is an independent marketing cloud platform driven by a mission to unleash the brilliance in marketers. Acoustic offers the industry’s leading open marketing ecosystem comprised of intuitive, AI-powered products that are purpose-built for marketers. Acoustic serves an international client base of more than 3,500 brands including Fortune 500 companies, providing digital marketing, marketing analytics, content management, personalization, mobile marketing and marketing automation solutions. Acoustic is headquartered in New York City

Terminus logo

Terminus

Founded in 2014, Terminus is the industry’s first account-based marketing platform that enables B2B marketers to target companies, engage decision-makers on their terms and accelerate sales pipeline velocity at scale. Launched in early 2015, Terminus is already proven to better align sales and marketing teams, deploy account-based marketing at scale and increase close rates; and is used by brands including Dun & Bradstreet, SalesLoft and Influitive. Backed by notable investors in the B2B marketing space, Terminus is headquartered in the Terminus 100 building in Atlanta. Learn more by visiting terminus.com.|ABM | GTM SaaS, Conversational Marketing

Replicon logo

Replicon

Replicon, Inc. is a software company providing cloud time tracking applications including timesheet and expense management software, using SaaS, for automating employee time tracking, project time tracking, expense tracking and resource scheduling.

Insert logo

Insert

Pendo provides software product managers and teams with a powerful integrated platform to better understand and improve the product experience. Without requiring any engineering resources, organizations can use Pendo to extend their product to capture ...

View all SaaS Companies

Create a free account now to view instantly

Create an account