# Crayon Data Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crayon-data-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.crayondata.com
- Total disclosed funding: $21M
- Latest round: Series C (Oct 19, 2021)
- Investors on record: 8

## About

Crayon Data Pte Ltd is a technology company specializing in AI-driven solutions that enhance customer engagement and operational efficiency for enterprises across various industries.Founded in 2012 in Singapore, Crayon Data Pte Ltd focuses on providing AI-native solutions for businesses aiming to transform their operations. The company has evolved its strategy over time to center around its flagship product, maya.ai, which helps clients leverage AI for enhanced customer experiences. Co-founded by Suresh Shankar, Aarti Ramakrishnan, Srikant Sastri, and Vijaya Ivaturi, the company has attracted significant investment, with its most recent funding round being a Series C in October 2021, raising USD 4.3 million from investors including JVIC Venture Capital and SEEDS Capital. Crayon Data has successfully completed a total of 5 funding deals, leading to a current company valuation of USD 44.09 mn.Crayon Data offers an AI-native platform named maya.ai, providing businesses with flexible tools for AI implementation according to their data capabilities. The platform focuses on enhancing customer experiences through analytics, personalized recommendations, and automated workflows. It serves various sectors, including consumer banking, digital payments, travel, and consumer products, providing tailored solutions that drive engagement and streamline data management processes across markets such as Singapore, India, Dubai, North America, and Europe.In the most recent fiscal year, 2023, Crayon Data reported revenue of USD 4,106,833.70, with an EBITDA of USD -2,440,607.70. The company's revenue model primarily revolves around subscription services for its AI solutions, enabling enterprises to access its technology for optimized customer engagement and data processes.Crayon Data aims to expand its product offerings and market reach following its Series C funding of USD 4.3 million raised in October 2021. The company plans to launch new features on its maya.ai platform to enhance user experience and implement additional AI capabilities. Furthermore, Crayon Data is targeting expansion into North America and Europe, aiming to establish a stronger presence in these regions by 2024. The funding will be allocated toward product development and market entry strategies to support these initiatives.

## Funding rounds

- Series C, Oct 19, 2021, $4.3M — JVIC Venture Capital, SEEDS Capital
- Series B, Apr 30, 2019, $13M — Mitsui Global Investment, Morpheus Gang, Jungle Ventures, RNT Associates, SEEDS Capital
- Series A, Mar 29, 2016, $1.4M — Jungle Ventures, Spring Seeds Capital, Helix Capital
- Seed, Dec 3, 2013, $2.4M — Morpheus Gang

## Investors

- Morpheus Gang (https://capitalatlas.ai/funds/morpheus-gang) — Seed, Series B
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Series A, Series B
- Spring Seeds Capital — Series A
- Helix Capital — Series A
- Mitsui Global Investment (https://capitalatlas.ai/funds/mitsui-global-investment) — Series B
- RNT Associates (https://capitalatlas.ai/funds/rnt-associates) — Series B
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Series B, Series C
- JVIC Venture Capital (https://capitalatlas.ai/funds/jvic-venture-capital) — Series C