Hailo

Company Overview

Snapshot

Founded in February 2017 by Orr Danon and Avi Baum, Hailo operates with 201–500 employees. The company has raised $346.41 million across 8 funding rounds from 20 investors. In April 2024, Hailo raised an additional $120 million in its Series C funding round, bringing its total funding to $340 million.

Business overview

Hailo develops AI processors for edge devices, focusing on enabling smart edge technologies to reach their full potential. Its solutions bridge the gap between existing and future AI technologies by providing the necessary compute capacity. The company's product portfolio includes AI accelerators and AI vision processors, offered as standard form-factor modules and on-PCB designs, supported by a robust software toolchain. Hailo serves various industries, including automotive, security, smart city, Industry 4.0, and smart retail, with its patented dataflow architecture implemented in hundreds of customer programs.

Strategic signal

In June 2026, Hailo announced a significant workforce reduction, laying off 50% of its employees. This strategic reset, amid funding pressures, indicates a critical juncture for the company, signaling a potential shift in operational strategy and a need for substantial capital to stabilize its future trajectory.

Company Intelligence Q&A

What was a significant recent operational change at Hailo?

In June 2026, Hailo announced a 50% reduction in its workforce, a strategic move amidst funding pressures and a broader strategic reset for the company.

What product did Hailo launch in July 2025?

In July 2025, Hailo unveiled the Hailo-10H, an AI chip designed to run generative AI tools locally on edge devices, supporting large language models and vision-language models with high efficiency.

What strategic partnership did Hailo form in April 2025?

In April 2025, Hailo partnered with Avnet ASIC to manage the production of its future AI processors at TSMC's facilities, enhancing its manufacturing capabilities and ensuring high production standards.

What key leadership appointment did Hailo make in May 2024?

In May 2024, Rakefet Russak-Aminoach, former CEO of Bank Leumi, was appointed as the Chairwoman of Hailo's Board of Directors.

What was a notable funding event for Hailo in April 2024?

In April 2024, Hailo raised an additional $120 million in its Series C funding round, bringing its total funding to $340 million. This round was supported by both existing and new investors, including Vasuki Technology Fund and OurCrowd.