Adept Overview
- Year Founded
-
2022

- Status
-
Acquired/Merged
- Employees
-
73

- Latest Deal Type
-
M&A
Adept General Information
Description
Developer of machine learning model intended to reimagine the way that people interact with the computer. The company specializes in machine learning research and builds AI systems where machines work together with people in the driver's seat, providing clients with AI that can automate any process and give them more time for the work they love.
Contact Information
Website
www.adept.ai(Operating Subsidiary)
Corporate Office
- 350 Rhode Island Street
- Suite 400 South
- San Francisco, CA 94103
- United States
Corporate Office
- 350 Rhode Island Street
- Suite 400 South
- San Francisco, CA 94103
- United States
Adept Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
3. Merger/Acquisition | Completed | Generating Revenue | ||||
2. Early Stage VC (Series B) | 23-Feb-2023 | Completed | Generating Revenue | |||
1. Early Stage VC (Series A) | 26-Apr-2022 | $63.9M | $63.9M | Completed | Generating Revenue |
Adept Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B-1 | ||||||||
Series B | ||||||||
Series A-1 | 667,423 | $0.000010 | $1.5 | $1.5 | 1x | $1.5 | 0.37% | |
Series A | 39,871,278 | $0.000010 | $1.58 | $1.58 | 1x | $1.58 | 22.28% |
Adept Comparisons
Industry
Financing
Details
Adept Competitors (2)
One of Adept’s 2 competitors is Humatics, a Venture Capital-Backed company based in Waltham, MA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Humatics | Venture Capital-Backed | Waltham, MA | ||||
DataRobot | Venture Capital-Backed | Boston, MA |
Adept Signals
Adept Former Investors (27)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
10X Capital | Venture Capital | Minority | ||
A&E Investments | Venture Capital | Minority | ||
A.Capital Ventures | Venture Capital | Minority | ||
Addition | Venture Capital | Minority | ||
Air Street Capital | Venture Capital | Minority |
Adept FAQs
-
When was Adept founded?
Adept was founded in 2022.
-
Where is Adept headquartered?
Adept is headquartered in San Francisco, CA.
-
What is the size of Adept?
Adept has 73 total employees.
-
What industry is Adept in?
Adept’s primary industry is Business/Productivity Software.
-
Is Adept a private or public company?
Adept is a Private company.
-
What is Adept’s current revenue?
The current revenue for Adept is
. -
How much funding has Adept raised over time?
Adept has raised $414M.
-
Who are Adept’s investors?
10X Capital, A&E Investments, A.Capital Ventures, Addition, and Air Street Capital are 5 of 27 investors who have invested in Adept.
-
Who are Adept’s competitors?
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