riyo.ai

• Name: riyo.ai

• Founded: 2021

• Headquarters: Ahmedabad, Gujarat, India

• Business Model: B2B SaaS

• Core Focus: AI-driven website analytics, lead generation, and user behavior insights

• Founders: Krunal Shah (CTO) and Tapan Patel (CEO)

Riyo.ai  was built to solve a common digital dilemma: how to convert anonymous website visitors into qualified leads. It offers a unified behavior analytics platform that helps businesses understand visitor intent, optimize UX, and boost conversions.

• Originated from the founders’ experience at Third Rock Techkno, a software consulting firm.

• Initially developed to address their own challenges with visitor engagement and conversion.

• Launched publicly in 2023, with a strong debut on Product Hunt, signaling market interest.

• The company has grown organically, focusing on product refinement and customer feedback loops.

• Funding Status: Self-funded / Bootstrapped

• Revenue: Hit $550K in 2025 with a lean team of just 5 employees

• M&A Activity: Received an acquisition offer in April 2025, though details remain undisclosed