People.ai was founded in 2016 by Oleg Rogynskyy. Following a $100 million funding round in August 2021, Rogynskyy said it was likely to be "our last pre-IPO round." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
People.ai is an AI-powered ROI (Revenue Operations and Intelligence) platform. The company's software collects and processes data that salespeople generate in the course of their workday — emails, contacts, schedules, meetings, and more — to help them maximize revenue and close more sales. Since 2020, the company has acquired ClosePlan and Hero.app. People.ai currently maintains offices in the United States, Canada, Ukraine, the Czech Republic. The company has raised more than $200 million in venture capital funding from investors including Y Combinator, ICONIQ Capital, Andreessen Horowitz, Lightspeed Venture Partners, Akkadian Ventures, and Mubadala Capital. In 2021, People.ai announced that it had achieved a $1.1 billion valuation.