Adarevenue, valuation & funding
Conversational Support SoftwareToronto, CanadaFounded 2016CEO Mike Murchison
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.
- Valuation
- $1.2B
Ada revenue
Ada has not published its revenue. GetLatka estimates it at about $70.6M a year (October 2024).
All 6 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Dec 2018 | $4.5M | – |
| Mar 2020 | $17.9M | – |
| May 2021 | $35M | – |
| Nov 2022 | $46.2MEST | GetLatka estimate |
| Nov 2023 | $57.9MEST | GetLatka estimate |
| Oct 2024 | $70.6MEST | GetLatka estimate |
– source not recorded
Ada valuation
Ada is privately held, so there is no Ada stock to buy. Investors valued it at $1.2B.
Ada funding rounds & investors
Ada has raised $192.2M across four rounds since 2017. The latest was a $130M Series C in May 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| May 2021 | Series C | $130M | $1.1B |
| Mar 2020 | Series B | $44M | – |
| Dec 2018 | Series A | $15.7M | – |
| Jul 2017 | Seed | $2.5M | – |
| Total raised | $192.2M |
Ada competitors
Ada competes most directly with HubSpot, Zoho and Freshworks.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 HubSpot | $3.1B | $100.5M | 7,639 | 205K | 2006 |
 Zoho | $1.5B | $7.3M | 24K | 250K | 1996 |
 Freshworks | $838.8M | $1.4B | 8,594 | 150K | 2010 |
| Ada | $70.6M | $192.2M | 558 | 5K | 2016 |
Ada CEO, founders & employees
Mike Murchison founded Ada in 2016 with David Hariri and runs it as CEO. Ada has 558 employees (November 2025, LinkedIn), up from 378 a year earlier.
- Mike MurchisonCo-founder & CEO
- David HaririCo-Founder, Designer, Developer
- Mike G.Chief Product and Technology Officer
Also at AdaBask Gill
All 9 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 558 | |
| Oct 2024 | 378 | |
| Nov 2023 | 385 | – |
| Jul 2023 | 385 | – |
| Nov 2022 | 310 | – |
| Nov 2021 | 235 | – |
| May 2021 | 235 | – |
| Nov 2020 | 200 | – |
| Mar 2020 | 200 | – |
Ada FAQ
What is Ada's revenue?
GetLatka estimates Ada's revenue at about $70.6M a year (October 2024). The company hasn't published its own figure.
What is Ada's valuation?
Investors valued Ada at $1.2B.
How much funding has Ada raised?
Ada has raised $192.2M across four funding rounds. The latest was a $130M Series C in May 2021.
Is Ada publicly traded?
No. Ada is a private company, so its shares aren't traded on a stock exchange.
How many employees does Ada have?
Ada has 558 employees as of November 2025, according to LinkedIn.
Who is the CEO of Ada?
Mike Murchison is the CEO of Ada and co-founded the company in 2016.
Who founded Ada?
David Hariri and Mike Murchison founded Ada in 2016.
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How this page is sourced
2 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 12, 2026Data disclaimerReport a correctionClaim this profileRun Ada? Join the podcast