Layer 6 Overview
- Year Founded
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2011
- Status
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Acquired/Merged
- Employees
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125
- Latest Deal Type
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M&A
- Latest Deal Amount
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$60.8M
Layer 6 General Information
Description
Developer of a cloud-based personalization platform designed to offer a general-purpose recommendation system. The company's cloud-based personalization engine uses machine learning, artificial intelligence, and neural networks modeled on the human brain to learn highly complex patterns from data, enabling financial service and insurance firms, media or cable companies, e-commerce, retail brands, and news publishing companies to get personalized recommendations, discovery, and search results.
Contact Information
Website
www.layer6.ai(Operating Subsidiary)
Corporate Office
- MaRS Discovery District 661 University Avenue
- Suite 1220
- Toronto, Ontario M5G 1M1
- Canada
Corporate Office
- MaRS Discovery District 661 University Avenue
- Suite 1220
- Toronto, Ontario M5G 1M1
- Canada
Layer 6 Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Merger/Acquisition | 09-Jan-2018 | $60.8M | Completed | Generating Revenue | ||
| 1. Seed Round | 01-Jan-2017 | Completed | Startup |
Layer 6 Comparisons
Industry
Financing
Details
Layer 6 Competitors (56)
One of Layer 6’s 56 competitors is Mixpanel, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Mixpanel | Venture Capital-Backed | San Francisco, CA | ||||
| Dataiku | Venture Capital-Backed | New York, NY | ||||
| Primer | Venture Capital-Backed | San Francisco, CA | ||||
| FinTech Studios | Venture Capital-Backed | New York, NY | ||||
| Faraday (Software) | Venture Capital-Backed | Burlington, VT |
Layer 6 Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Layer 6 Signals
Growth Rate
Growth
Size Multiple
Key Data Points
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Majestic Referring Domains
Layer 6 Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Faktory Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Layer 6 Investments (1)
Layer 6’s most recent deal was a Seed Round with Signal 1 for . The deal was made on 22-Apr-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Signal 1 | 22-Apr-2022 | Seed Round | Enterprise Systems (Healthcare) |
Layer 6 FAQs
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When was Layer 6 founded?
Layer 6 was founded in 2011.
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Where is Layer 6 headquartered?
Layer 6 is headquartered in Toronto, Canada.
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What is the size of Layer 6?
Layer 6 has 125 total employees.
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What industry is Layer 6 in?
Layer 6’s primary industry is Business/Productivity Software.
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Is Layer 6 a private or public company?
Layer 6 is a Private company.
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What is the current valuation of Layer 6?
The current valuation of Layer 6 is .
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What is Layer 6’s current revenue?
The current revenue for Layer 6 is .
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Who are Layer 6’s investors?
Faktory Ventures, , , and have invested in Layer 6.
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Who are Layer 6’s competitors?
Mixpanel, Dataiku, Primer, FinTech Studios, and Faraday (Software) are some of the 56 competitors of Layer 6.
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When was Layer 6 acquired?
Layer 6 was acquired on 09-Jan-2018.
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Who acquired Layer 6?
Layer 6 was acquired by TD Bank.
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