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Hailo - About the company

Hailo is a series C company based in Tel Aviv (Israel), founded in 2017 by Orr Danon, Hadar Zeitlin and Avi Baum. It operates as a Provider of neural learning processors for edge AI applications. Hailo has raised $340M in funding from investors like OurCrowd, Maniv Mobility and Poalim Capital Markets, with a current valuation of $1.2B. The company has 105 active competitors, including 46 funded and 9 that have exited. Its top competitors include companies like Lightelligence, Quadric IO and Fractile.

Company Details

Provider of neural learning processors for edge AI applications. The processors can be embedded into devices and they comprise an architecture that enables edge devices to run deep learning applications instead of using the cloud. Its features include real-time operation, reduced power consumption, as well as a software development kit co-developed with the hardware. It caters to automotive, smart cities and smart homes, drones, wearables, and AR/VR industries.
Website
hailo.ai
Social
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Email ID
*****@hailo.ai
Key Metrics
Founded Year
2017
Location
Tel Aviv, Israel
Stage
Series C
Total Funding
$340M in 7 rounds
Latest Funding Round
Post Money Valuation
$1.2B as on Apr 02, 2024
Investors
Ranked
Employee Count
291 as on May 31, 2026
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Hailo's funding and investors

Hailo has raised a total funding of $340M over 7 rounds. Its first funding round was on Jun 05, 2018. Its latest funding round was a Series C round on Apr 02, 2024 for $120M. 10 investors participated in its latest round. Hailo has 26 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Hailo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 02, 2024
$120M
Series C
$1.2B
-
-
Jun 23, 2021
$136M
Series C
$1B
-
Aug 31, 2020
$59.5K
Grant (prize money)
-
-
-
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Hailo's founders and board of directors

Founder? Claim Profile
The founders of Hailo are Orr Danon, Hadar Zeitlin and Avi Baum. Orr Danon is the CEO of Hailo.
Here are the details of Hailo's key team members:
  • Orr Danon: Co-Founder & CEO of Hailo.
  • Hadar Zeitlin: Co-founder & Chief Business Officer of Hailo.
  • Avi Baum: Co-Founder & Chief Technology Officer of Hailo.

Hailo's employee count trend

Hailo has 291 employees as of May 26. Here is Hailo's employee count trend over the years:
Employee count trend for Hailo
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Hailo's Competitors and alternates

Top competitors of Hailo include Lightelligence, Quadric IO and Fractile. Here is the list of Top 10 competitors of Hailo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lightelligence
Lightelligence
2017, Boston (United States), Series C
Developer of optical chips and software solutions for artificial intelligence based computing
$247M
65/100
2nd
Logo for Hailo
Hailo
2017, Tel Aviv (Israel), Series C
Provider of neural learning processors for edge AI applications
$340M
65/100
3rd
Logo for Quadric IO
Quadric IO
2016, Burlingame (United States), Series C
Developer of AI processor IP and related software development tools
$76M
64/100
4th
Logo for Fractile
Fractile
2022, London (United Kingdom), Series B
Developer of AI chips for running large AI models
$260M
63/100
5th
Logo for Kinara AI
Kinara AI
2014, Los Altos (United States), Acquired
Providers of AI-based edge processor
$54M
63/100
6th
Logo for Innatera
Innatera
2018, Delft (Netherlands), Series A
Provider of neuromorphic microprocessors
$43.3M
62/100
7th
Logo for XMOS
XMOS
2005, Bristol (United Kingdom), Series E
Developer of cycle-accurate software programmable processors and related solutions
$33.9M
61/100
8th
Logo for Kneron
Kneron
2015, San Diego (United States), Series B
Developer of edge artificial intelligence solutions including SoCs and AI models
$226M
59/100
9th
Logo for Mythic
Mythic
2012, Austin (United States), Series D
Developer of analog compute-in-memory solutions for artificial intelligence inference acceleration
$266M
59/100
10th
Logo for Netrasemi
Netrasemi
2020, Thiruvananthapuram (India), Series A
Developer of system-on-chips and chiplet architectures for edge computing applications
$14.6M
59/100
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Hailo's Investments and acquisitions

Hailo has made no investments or acquisitions yet.

News related to Hailo

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Media has covered Hailo for a total of 4 events in the last 1 year, 2 of them have been about people movement and 1 about company updates.
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FAQs about Hailo

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