Torch.AI
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Torch.AI is a privately-held artificial intelligence (AI) company that uses machine learning to enable massively scaled, ultra high performance data processing. Torch.AI created a next-generation AI platform that instantaneously understands and describes any data in atomic detail, both in memory and in motion. The software creates an intelligent Synaptic Mesh across an organization's data and systems, increasing the surface area of data for discovery and action. Torch.AI was founded in 2017 by Brian Weaver and Jae Cha. Torch.AI headquarters are located in Leawood, Kansas.
Keywords
Keywords
Classified
Private