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People.ai

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People.ai
Private
ISIN🆔
IndustryEnterprise software
Founded 📆2016
Founder 👔Oleg Rogynskyy
Headquarters 🏙️San Francisco, CA
Area served 🗺️
Key people
Oleg Rogynskyy (CEO), Emily Weigand (CFO), Ankit Bhatia (CTO)
Products 📟 AI-driven Revenue Intelligence platform (software)
Revenue🤑 $45.8M (2022)
Members
Number of employees
🌐 Websitepeople.ai
📇 Address
📞 telephone

People.ai is a privately held American business intelligence software company headquartered in San Francisco, CA.[1][2][3][4]

Company history[edit]

The company was founded in 2016 by the Ukraine-born entrepreneur Oleg Rogynskyy and incubated at Y Combinator.[5] In 2019, the Forbes' list of Most Promising Artificial Intelligence (AI) Companies in the US profiled People.ai at #18:[4] and described its software which integrates into Customer Relationship Management (CRM) systems like Salesforce and automatically inputs relevant data from email, calendars, chats etc, after which it guides salespeople using AI. People.ai reached a $1.1B valuation in 2021[6]. In 2023, the CRN magazine profiled People.ai as #10 on the list of "hottest AI startups of 2023,"[7] writing that People.ai's "enterprise revenue intelligence platform ensures organizations can speed up complex sales cycles by engaging the right people in the right accounts." The company employs over 250 people in offices in Kyiv, Los Angeles, San Francisco, London, Atlanta and New York.[8]

Reaction to Russian invasion of Ukraine[edit]

The company's significant ties to Ukraine made it vulnerable to risks associated with the 2022 Russian invasion of Ukraine. British and American media described several corporate risk management strategies developed by People.ai in the months before the invasion, such as encouraging Ukrainian employees to temporarily relocate abroad.[9][10] During the invasion, some employees of People.ai that remained in or returned to Ukraine helped testing defense technologies for the Ukrainian military.

References[edit]

  1. Lunden, Ingrid (May 21, 2019). "People.ai, the predictive sales startup, raises $60M at around $500M valuation". TechCrunch.
  2. "How People.ai Accelerates Enterprise Growth Through AI". Bloomberg Technology. May 21, 2019.
  3. James McGuire (March 30, 2022). "People.ai CEO Oleg Rogynskyy on Using AI to Promote Sales and Revenue". eWeek.
  4. 4.0 4.1 D'Onfro, Jillian (September 17, 2019). "AI 50: America's Most Promising Artificial Intelligence Companies". Forbes.
  5. "Companies : People.al". Y combinator. Retrieved June 17, 2023.
  6. Nishant, Niket (August 11, 2021). "Mubadala co-leads $100 mln capital raise for software firm People.ai". Reuters.
  7. "The 10 Hottest AI Startups Of 2023 (So Far)". CRN magazine. June 28, 2023.
  8. Chubatiuk, Ann (January 13, 2021). "People.ai: how to find an investor at Burning Man and raise sales by 40%". UCluster.
  9. Sommerville, Heather (March 20, 2022). "Ukraine Tech Startups Pivot From Software Code to Rescue Plans". The Wall Street Journal.
  10. Jacobs, Emma (August 20, 2022). "Oleg Rogynskyy of People.ai: 'I had a gut feeling that a war was going to start'". Financial Times.



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