Hi Auto Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
91
- Latest Deal Type
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Series A
- Latest Deal Amount
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$19M
- Investors
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11
Hi Auto General Information
Description
Developer of a speech recognition platform designed to upgrade the drive-thru experience with conversational Artificial Intelligence. The company's platform offers voice command software for vehicles and embedded systems with a microphone and a camera that use deep learning to track the driver's lips to distinguish his or her voice commands from other voices in the car, enabling users to carry on uninterrupted voice conferencing whenever required in a go manner.
Contact Information
Website
www.hi.autoCorporate Office
- 146 Menahem Begin Street
- Tel Aviv
- Israel
Corporate Office
- 146 Menahem Begin Street
- Tel Aviv
- Israel
Hi Auto Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series A) | 02-Apr-2025 | $19M | Completed | Generating Revenue | ||
| 4. Seed Round | 26-Jun-2020 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 10-Mar-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 23-Oct-2019 | $4.53M | $4.53M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
Hi Auto Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preferred A-2 Share | ||||||||
| Preferred A-1 Share | ||||||||
| Preferred A Share | ||||||||
| Preferred Seed-1 Share | 928,382 | $3.77 | $3.77 | 1x | $3.77 | 12.94% | ||
| Preferred Seed Share | 1,608,283 | $2.82 | $2.82 | 1x | $2.82 | 22.42% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Hi Auto Comparisons
Industry
Financing
Details
Hi Auto Competitors (5)
One of Hi Auto’s 5 competitors is ConverseNow, a Venture Capital-Backed company based in Austin, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ConverseNow | Venture Capital-Backed | Austin, TX | ||||
| SoundHound AI | Formerly VC-backed | Santa Clara, CA | ||||
| Presto (US) | Venture Capital-Backed | San Carlos, CA | ||||
| Ibm | Corporation | Italy | ||||
| Alphabet | Formerly PE-Backed | Mountain View, CA |
Hi Auto Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Hi Auto Patents
Hi Auto Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20220084505-A1 | Communication between devices in close proximity to improve voice control of the devices | Inactive | 16-Sep-2020 | ||
| WO-2021206679-A1 | Audio-visual multi-speacer speech separation | Inactive | 06-Apr-2020 | ||
| US-11790900-B2 | System and method for audio-visual multi-speaker speech separation with location-based selection | Active | 06-Apr-2020 | ||
| US-20210312915-A1 | System and method for audio-visual multi-speaker speech separation with location-based selection | Active | 06-Apr-2020 | G10L21/0272 |
Hi Auto Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Hi Auto Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Allied Group () | Corporation | Minority | ||
| Angel (individual) | Minority | |||
| Zisapel Family | Family Office | Minority | ||
| Allied Systems Holdings | Corporation | Minority | ||
| Delek Motors | Corporation | Minority |
Hi Auto FAQs
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When was Hi Auto founded?
Hi Auto was founded in 2019.
-
Where is Hi Auto headquartered?
Hi Auto is headquartered in Tel Aviv, Israel.
-
What is the size of Hi Auto?
Hi Auto has 91 total employees.
-
What industry is Hi Auto in?
Hi Auto’s primary industry is Business/Productivity Software.
-
Is Hi Auto a private or public company?
Hi Auto is a Private company.
-
What is the current valuation of Hi Auto?
The current valuation of Hi Auto is .
-
What is Hi Auto’s current revenue?
The current revenue for Hi Auto is .
-
How much funding has Hi Auto raised over time?
Hi Auto has raised $27M.
-
Who are Hi Auto’s investors?
Allied Group (), , Zisapel Family, Allied Systems Holdings, and Delek Motors are 5 of 11 investors who have invested in Hi Auto.
-
Who are Hi Auto’s competitors?
ConverseNow, SoundHound AI, Presto (US), Ibm, and Alphabet are competitors of Hi Auto.
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