# Insane AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/insane-ai

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.app.insane.ai
- Total disclosed funding: $0.9M
- Latest round: Seed (Jul 21, 2021)
- Investors on record: 2

## About

Insane AI, based in Bengaluru, India, specializes in providing advanced artificial intelligence solutions aimed at enhancing operational efficiency and decision-making across various industries.Founded in 2021 in Bangalore, India, Insane AI develops AI-driven solutions that optimize operational processes. The company was co-founded by Anurag Mundhada and Jayesh Hannurkar. It successfully raised INR 64.7 million in Seed funding on July 21, 2021, led by Pi Ventures, with participation from LetsVenture. The funding has supported product development, innovation, and efforts to expand into international markets. Insane AI currently holds a valuation of INR 343.784 million.Insane AI specializes in advanced artificial intelligence solutions, focusing on enhancing operational efficiency, predictive analytics, and decision-making processes across sectors like healthcare, finance, and logistics. Its flagship product utilizes machine learning algorithms to streamline workflows and address critical business challenges, targeting both enterprise-level organizations and small to medium-sized businesses across North America, Europe, and Asia-Pacific.In the most recent fiscal year of 2023, Insane AI generated revenue of INR 889.4 million, while reporting an EBITDA of INR -321,349.1 million. The company's revenue model primarily relies on subscription-based contracts and strategic partnerships, which allow for a predictable income stream and continuous innovation support for clients.With the Seed funding raised in July 2021, Insane AI plans to enhance its product offerings and strengthen its technology team while accelerating growth in international markets. The company is focused on developing new products that cater to specific industry needs and expanding its presence in selected markets across North America and Europe by 2025.

## Funding rounds

- Seed, Jul 21, 2021, $0.9M — pi Ventures, LVX

## Investors

- pi Ventures (https://capitalatlas.ai/funds/pi-ventures) — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
