Faraday Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 50

Employees

  • Latest Deal Type
  • Series A3

  • Latest Deal Amount
  • $4.1M

  • Investors
  • 15

Faraday General Information

Description

Operator of an artificial intelligence platform intended to perform customer acquisition and retention. The company's platform uses machine learning techniques to optimize revenue outcomes, from acquisition to lead conversion and retention, including all of the consumer data, integrations, algorithms, visualizations, and reporting, enabling clients to target, launch, and track experimental marketing campaigns and discover winning strategies for finding new businesses.

Contact Information

Website
www.faraday.ai
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 431 Pine Street
  • Suite 113
  • Burlington, VT 05401
  • United States
+1 (802)
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Vertical(s)
Big Data, SaaS, Marketing Tech, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 431 Pine Street
  • Suite 113
  • Burlington, VT 05401
  • United States
+1 (802)

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Faraday Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC (Series A3) 28-Jun-2022 $4.1M Completed Generating Revenue
8. Later Stage VC (Series A2) 30-Apr-2020 Completed Generating Revenue
7. Debt - PPP 08-Apr-2020 Completed Generating Revenue
6. Later Stage VC 03-Jan-2019 Completed Generating Revenue
5. Later Stage VC (Series A2) 02-May-2018 Completed Generating Revenue
4. Later Stage VC 01-Jun-2017 Completed Generating Revenue
3. Early Stage VC (Series A) 20-May-2016 Completed Generating Revenue
2. Grant 22-Oct-2014 $1M $780K Completed Generating Revenue
1. Early Stage VC (Series A) 17-Mar-2014 $780K $780K Completed Generating Revenue
To view Faraday’s complete valuation and funding history, request access »

Faraday Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A3
Series A2
Series A1 21,096,515 $0.000010 6% $0.16 $0.16 1x $0.16 18.49%
Series A 7,907,300 $0.000010 6% $0.12 $0.12 1x $0.12 6.93%
To view Faraday’s complete cap table history, request access »

Faraday Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an artificial intelligence platform intended to perform customer acquisition and retention. The company's pl
Business/Productivity Software
Burlington, VT
50 As of 2024

Santa Monica, CA
 

Jersey City, NJ
 
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Faraday Competitors (182)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Retention Science Formerly VC-backed Santa Monica, CA
iQuanti Angel-Backed Jersey City, NJ
Qlik Technologies Private Equity-Backed King of Prussia, PA
WebEngage Venture Capital-Backed Mumbai, India
Kissmetrics Venture Capital-Backed St. Petersburg, FL
You’re viewing 5 of 182 competitors. Get the full list »

Faraday Patents

  • 5

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 2

    Pending

  • Expiring in next 12 mo

Faraday Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-3829033-A Tape cartridge and player apparatus Inactive 20-Oct-1971
DE-2251217-A1 Device for guiding and releasable locking of a tape cassette Pending 20-Oct-1971
AU-4642372-A Tape cartridge adaptor Inactive 24-Sep-1971
ES-406224-A1 Apparatus for cassette type tape players. (machine-translation by google translate, not legally binding) Inactive 24-Sep-1971
DE-2246479-A1 Adapter for adapting standard cassette audio tapes and tape players to miniature cassettes Pending 24-Sep-1971 G11B25/066
To view Faraday’s complete patent history, request access »

Faraday Executive Team (6)

Name Title Board Seat
Andrew Rossmeissl Co-Founder, Chief Executive Officer & Board Member
Robert Adler Co-Founder, Chief Strategy Officer, Board Member and President
Seamus Abshere Co-Founder & Chief Technology Officer
You’re viewing 3 of 6 executive team members. Get the full list »

Faraday Board Members (6)

Name Representing Role Since
Andrew Rossmeissl Faraday Co-Founder, Chief Executive Officer & Board Member
Cairn Cross FreshTracks Capital Board Member
David Bradbury VCET Capital Board Member
Jason Chapnik Intercap Board Member
Michael Lane VCET Capital Board Member
You’re viewing 5 of 6 board members. Get the full list »

Faraday Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Faraday Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
ZRF Partners Growth/Expansion Minority
David Blittersdorf Angel (individual) Minority
David Bradbury Angel (individual) Minority
Green Lantern Capital Corporation Minority
John Replogle Angel (individual) Minority
You’re viewing 5 of 15 investors. Get the full list »

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Faraday FAQs

  • When was Faraday founded?

    Faraday was founded in 2012.

  • Who is the founder of Faraday?

    Andrew Rossmeissl, Robert Adler, Seamus Abshere, and Ian Hough are the founders of Faraday.

  • Who is the CEO of Faraday?

    Andrew Rossmeissl is the CEO of Faraday.

  • Where is Faraday headquartered?

    Faraday is headquartered in Burlington, VT.

  • What is the size of Faraday?

    Faraday has 50 total employees.

  • What industry is Faraday in?

    Faraday’s primary industry is Business/Productivity Software.

  • Is Faraday a private or public company?

    Faraday is a Private company.

  • What is the current valuation of Faraday?

    The current valuation of Faraday is .

  • What is Faraday’s current revenue?

    The current revenue for Faraday is .

  • How much funding has Faraday raised over time?

    Faraday has raised $10.5M.

  • Who are Faraday’s investors?

    ZRF Partners, David Blittersdorf, David Bradbury, Green Lantern Capital, and John Replogle are 5 of 15 investors who have invested in Faraday.

  • Who are Faraday’s competitors?

    Retention Science, iQuanti, Qlik Technologies, WebEngage, and Kissmetrics are some of the 182 competitors of Faraday.

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