Ada
Ada is an AI customer service company based in Toronto, Canada, founded in 2016. AI agents for automated customer service. It was valued at $1.2bn in May 2021 (Series C ($130m)), which makes it a unicorn in the 311 Unicorn Index.
Part of the 311 Unicorn Index (311institute.com). Last updated .
Source: BetaKit / company announcement
About Ada
AI agents for automated customer service. Lead investors in its latest round: Spark Capital, Tiger Global. Website: ada.cx.
How this figure is calculated
The valuation set by the latest priced funding round or company-run share sale, as announced by the company or its lead investor, or reported by a major news organisation. Figures in other currencies are converted at the rate on the day of the round. Talks that have been reported but not closed do not count. This valuation is more than three years old, so it is marked as dated.
Related
- Innovation profile of Toronto
- Canada: economy and key statistics
- The 311 Unicorn Index
- Global Startups Directory
- Global Investors Directory
- All 311 Indexes
Other unicorns in Canada
- Wealthsimple ($7.14bn)
- Cohere ($7bn)
- 1Password ($6.8bn)
- Clio ($5bn)
- Hopper ($5bn)
- Tenstorrent ($2.69bn)
- Trulioo ($1.75bn)
Questions and answers
How much is Ada worth?
Ada was valued at $1.2bn in May 2021 (Series C ($130m)), according to the 311 Unicorn Index.
Where is Ada based?
Ada is headquartered in Toronto, Canada.
When was Ada founded?
Ada was founded in 2016.
What does Ada do?
AI agents for automated customer service.
Is Ada a unicorn?
Yes. Ada is a privately held company valued at $1 billion or more, so it is a unicorn in the 311 Unicorn Index.
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