DevRev

DevRev

Custom AI solutions for business efficiency

About DevRev

Simplify's Rating
Why DevRev is rated
B
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

501-1,000

Company Stage

Series A

Total Funding

$150.8M

Headquarters

Palo Alto, California

Founded

2020

Overview

DevRev.ai focuses on enhancing business operations through its main product, Turing GenAI, which combines data engineering, knowledge graph, and customizable language model technologies. This tool helps businesses connect various departments like support, product management, and software development, making it easier to share information and improve workflows. DevRev.ai stands out from competitors by offering tailored AI solutions that meet the specific needs of each client, whether they are small businesses or large corporations. The company's goal is to help organizations streamline their processes and boost efficiency using advanced AI technologies.

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Simplify's Take

What believers are saying

  • DevRev raised $100M in Series A, indicating strong market confidence.
  • The launch of SaaS 2.0 with AI agents enhances enterprise software capabilities.
  • Growing demand for AI-driven CRM solutions aligns with DevRev's offerings.

What critics are saying

  • Increased competition from AI startups could dilute DevRev's market share.
  • Rapid AI innovation may lead to technological obsolescence for DevRev.
  • High valuation creates pressure for rapid growth, risking strategic missteps.

What makes DevRev unique

  • DevRev integrates development and CRM in a product-led growth model.
  • The company offers customizable LLMs for personalized customer interactions.
  • DevRev's Turing GenAI bridges operational silos with advanced AI technologies.

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Funding

Total Funding

$150.8M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$100.8M
DevRev

Benefits

Hybrid Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

2%

2 year growth

3%
Tech Startups
Feb 21st, 2025
10 Most Searched Ai Trends Shaping Startups In 2025

It’s February, barely two months into 2025, and artificial intelligence is already the hottest topic in tech. AI startups are all over it, racing to innovate, and people are Googling like crazy to figure out what’s next. We teamed up with Grok DeepSearch to cut through the noise and uncover the 10 AI trends dominating search bars—along with the startup companies turning curiosity into action. Think autonomous agents, ethical breakthroughs, and tech that feels straight out of sci-fi. The 10 AI Trends Dominating 2025—And the Startups Leading the Charge1. AI Agents Streamlining Operations

PhocusWire
Feb 4th, 2025
The Future Of The Travel Management Company

The business travel market has seen a significant rebound from the COVID pandemic, with business travel spending for many corporations recovering to pre-pandemic levels with an estimated total volume of $1.48 trillion for 2024, according to the Global Business Travel Association. In today’s competitive market for business travel services, the traditional travel management company (TMC) model is being challenged.Changes in airline distribution have prompted a reevaluation of the tech stack needed by TMCs, as new market entrants push the industry towards different models while more traditional TMCs refocus their efforts on automating online and offline processes. The introduction of AI is having a ripple effect, bringing new levels of efficiency to the travel booking and support processes. Labor shortages continue to impact offline call center performance, while new agent tools seek to alter the traditional online versus offline distinctions. Get a dose of digital travel in your inbox each day

Live Club Nation Tech
Oct 20th, 2024
DevRev Launches SaaS 2.0 with AI Agents for Enterprise

DevRev has introduced 'Conversational Search,' a pre-built AI agent that sifts through both structured and unstructured data to help sales, support, product, and engineering teams spot trends and streamline operations.

Analytics India Magazine
Oct 18th, 2024
DevRev Launches SaaS 2.0 with AI Agents for Enterprise

DevRev launches saas 2.0 with AI agents for enterprise.

Business Wire
Aug 9th, 2024
DevRev Announces $100M Series A Valuing the Company at $1.1B

DevRev announces $100M Series A valuing the company at $1.1B.

Recently Posted Jobs

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Solutions Engineer

Noida, Uttar Pradesh, India

Account Executive - Enterprise

Remote in USA

Architect-Applied AI Engineer

Palo Alto, CA, USA + 2 more

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DevRev is Hiring for 28 Jobs on Simplify!

Find jobs on Simplify and start your career today

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We update DevRev's jobs every few hours, so check again soon! Browse all jobs →

Account Executive - Enterprise

Remote in USA

Architect-Applied AI Engineer

Palo Alto, CA, USA + 2 more

See All Jobs

DevRev is Hiring for 28 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update DevRev's jobs every few hours, so check again soon! Browse all jobs →