Lorikeet

Lorikeet

About Lorikeet

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

Industries

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Early VC

Total Funding

$14M

Headquarters

Sydney, Australia

Founded

2023

Overview

Company Does Not Provide H1B Sponsorship

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Lorikeet's expansion into healthcare, finance, and technology sectors is promising.
  • Recent funding boosts Lorikeet's platform and enterprise capabilities.
  • Lorikeet's customer base includes unicorns and public companies, enhancing credibility.

What critics are saying

  • Emerging AI startups could threaten Lorikeet's market share.
  • Rapid AI advancements may render Lorikeet's technology obsolete.
  • Reliance on key clients like Eucalyptus poses a potential risk.

What makes Lorikeet unique

  • Lorikeet uses intelligent graph technology for complex support queries.
  • Lorikeet's AI agents improve customer satisfaction and support efficiency.
  • Lorikeet has secured significant funding to enhance its platform and market presence.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$14M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

8%

2 year growth

8%
PR Newswire
Feb 4th, 2025
Lorikeet Secures $9 Million In Additional Funding As Market Demand Surges For Its Ai Customer Support Agents

New funding to be used to expand Lorikeet's platform and market presence, helping more companies across complex and regulated industries use AI agents to offer human quality support at scaleSYDNEY, Feb. 4, 2025 /PRNewswire/ -- AI customer experience pioneer Lorikeet today announces it has raised an additional AUD $9 million in funding from Blackbird and its existing investors Square Peg and Skip Capital, fueled by breakout growth in 2024 across key financial centers in Australia, Asia, and the US and just four months after announcing its USD $5 million seed round fundraise last year.Since launching in October 2024, Lorikeet has increased bookings by 3.5 times, and added several unicorns and public companies in the US and Australia as customers and pilot partners, including market leaders such as Eucalyptus in healthcare, Step in banking, and MagicEden in Cryptocurrency. The new funding will be used to further enhance Lorikeet's intelligent graph technology, expand the company's enterprise capabilities, and accelerate go-to-market initiatives across key industries including healthcare, financial services, technology, and more.Customer experience as we know it is broken. Support teams are scattered across time zones, struggling with sky-high turnover rates while customers wait hours or days for help. Basic AI chatbots have failed to fix the problem – they're too rigid to handle anything beyond simple FAQ responses. Even highly funded Silicon Valley darling startups have failed to ship products that can reliably handle complex support cases

Startup Daily
Oct 4th, 2024
Bird Seed: AI customer support platform Lorikeet flies high with $7.3 million raise

Lorikeet was founded in mid-2023 by US-based former Stripe executive Steve Hind and former Google AI senior engineer Jamie Hall.

Recently Posted Jobs

Sign up to get curated job recommendations

Forward Deployed Engineering Internship

$30/hr

Sydney NSW, Australia

Software Engineer

Sydney NSW, Australia

AI Implementation Strategist

Sydney NSW, Australia

See All Jobs

Lorikeet is Hiring for 8 Jobs on Simplify!

Find jobs on Simplify and start your career today

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

Software Engineer

Sydney NSW, Australia

AI Implementation Strategist

Sydney NSW, Australia

See All Jobs

Lorikeet is Hiring for 8 Jobs on Simplify!

Find jobs on Simplify and start your career today

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