BIK

Palo Alto, United States Founded: 2019 • Age: 7 yrs
AI-powered ecommerce marketing is optimized through personalized strategies and automation.

About BIK

BIK is a Technology company based in Palo Alto (United States) founded in 2019 by Ashutosh Singla. AI-powered ecommerce marketing is optimized through personalized strategies and automation. It operates in the Technology and Retail sectors. BIK has raised $13.85 million across 3 funding rounds from investors including Peak XV Partners, Leonis Investment and Mantis VC. The company has 53 employees. Its website bik.ai draws about 83 thousand monthly visits. Its Indian entity Comida Technologies Private Limited reported revenue of β‚Ή14.72 Cr. Its focus areas include Enterprise Applications, MarketingTech, Industry Specific Marketing and eCommerce. Its competitors include Klaviyo, CommerceIQ and Yotpo; 3 of its 3 listed competitors have raised funding.

Company details

The company was founded in 2019 in Palo Alto, United States, and operates in the AI-driven ecommerce marketing sector. ROI is optimized via personalized marketing approaches. Consumers are engaged through WhatsApp replies and purchase guidance. Carousels and limited-time offer templates are utilized for real-time customer action. Services include email, WhatsApp, and SMS marketing, along with store automation and gamification popups.

  • Headquarters Palo Alto, United States
  • Employees 53
  • Founders Ashutosh Singla
  • Sectors
    Technology
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website bik.ai
  • Social LinkedIn X
  • Legal Name Comida Technologies Private Limited
  • Date of Incorporation 06 Dec, 2018
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Indian entity revenue
    ₹14.72 Cr

    FY 2024 · -35% YoY

  • Indian entity net loss
    -₹2.05 Cr

    FY 2024 · -14% margin

  • Indian entity EBITDA
    -₹1.68 Cr

    FY 2024 · -11% margin

  • Total Equity Funding
    $13.85M (USD)

    in 3 rounds

  • Latest Funding Round
    $10.8M (USD), Series A

    Sep 2021

  • Investors
  • Employee Count
    53

Funding Insights of BIK

BIK has successfully raised a total of $13.85M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10.8 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $13.85M
  • Total Rounds 3
  • Last Round Series A β€” $10.8M
  • First Round $1.05M

    (Jun 2020)

  • Investors Count 6

All 3 funding rounds of BIK with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2021$10.8MSeries A–Peak XV Partners
–
Aug 2020$2MSeed–Mantis VC, Y Combinator
Jun 2020$1.05MSeed–Leonis Investment
–
Valuation history

6 investors in total: 5 institutional and 1 angel.

Investors in BIK

BIK has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Peak XV Partners, Leonis Investment and Mantis VC.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in startups and providing support programs.
2000peakxv.comBengaluru, India
Early-stage venture capital fund backed by Gabriel Jarrosson
leonis.vcParis, France
Venture capital firm focused on fintech, healthcare, logistics, enterprise tech, AI, ed tech, and multiple sectors
mantisvc.comLos Angeles, United States
Early-stage startups are accelerated via funding and educational programs.
ycombinator.comMountain View, United States
Investments in multiple sectors are made by Pioneer Fund.
pioneerfund.vcSan Francisco, United States

Ankur Nagpal

Founder of Teachable, angel investor, focused on edtech and SaaS startups.
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Investor details for BIK

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Board of directors of Comida Technologies Private Limited (BIK)

Comida Technologies Private Limited is the primary company behind BIK. The board of Comida Technologies Private Limited currently have 2 directors; the longest-serving is Sonakshi Nathani, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Sonakshi Nathani
DIN 07818929
Director06 Dec 20187 yrs 11 moComida Technologies Private Limited
Ashutosh Singla
DIN 08296342
Director06 Dec 20187 yrs 11 moComida Technologies Private Limited

People of BIK

7 people are tracked at BIK (6 in leadership, 1 in team); the tracked headcount is 53.

NameRoleGroup
Co-FounderLeadership
CEO & co-founderLeadership
Ayush Chaurasia
Head Of SalesLeadership
Michael Murphy
VP, MarketingLeadership
Stacy Dean
VP, GrowthLeadership
Ipsita Meher
Human Resource Business PartnerLeadership
Prateek Chouhan
Senior Software EngineerTeam
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Financials of BIK

Figures of Comida Technologies Private Limited, the primary company behind BIK, for FY 2024. Revenue was ₹14.72 Cr (-35% year on year). Net loss was -₹2.05 Cr (-14% margin). EBITDA was -₹1.68 Cr (-11% margin). Revenue has grown at a compounded annual rate of +92% over three years.

  • ₹14.72 CrRevenue · FY 2024 · -35% YoY
  • -₹2.05 CrNet loss · -14% margin
  • -₹1.68 CrEBITDA · -11% margin
  • ₹11,040Paid-up capital
  • 53Employees (provident fund records)
  • +92%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Comida Technologies Private Limited are on its company page.

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Detailed financial statements for BIK

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Timeline of BIK

3 dated milestones of BIK across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded BIK is founded.
  2. Funding First funding round of $1.1M.
  3. Funding Latest funding round, Series A, of $10.8M.

Competitors of BIK

BIK has 3 listed competitors in our database, 3 of them funded. They include Klaviyo, CommerceIQ and Yotpo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
klaviyo.com2012Boston, United States$778.5M1,454
SaaS email marketing solutions are offered to e-commerce businesses.
commerceiq.ai2012Mountain View, United States$195.5M256
AI platform for retail ecommerce management and optimization is provided.
yotpo.com2011New York, United States$436M
Cloud-based marketing platform for e-tailers
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Detailed competitors of BIK

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Web traffic of BIK

The website of BIK (bik.ai) receives about 83K visits a month.

  • Monthly visits
    83K

    ▲ 93.8% vs previous month

Similar websites

Websites whose visitors overlap most with BIK. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
firebasestorage.googleapis.com
firebasestorage.googleapis.com
100%
–
calendly.com
98%
40.1M#1,297View details
getmanifest.ai
98%
30.4K#1,122,128View details
notion.so
98%
178.3M#160View details
figma.com
97%
84.7M#221View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 17 similar websites and full traffic analytics for BIK

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  • Audience overlap
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Top companies in Brand & Marketing Technology

3 companies that operate in the same segment as BIK (Brand & Marketing Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SaaS email marketing solutions are offered to e-commerce businesses.
2012Boston, Massachusetts, United StatesUSD 778.5 MUSD 1.23 B3,008
Platform acquiring Amazon FBA brands
2018Walpole, Massachusetts, United StatesUSD 3.4 B233
SaaS-based collaborative commerce solutions are provided for brands and retailers.
2000New York, New York, United StatesUSD 365 MUSD 240.52 M2,144
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Related news about Bik

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Complete news archive for BIK

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Frequently Asked Questions about BIK

BIK was founded in 2019 and raised its 1st funding round 1 year after it was founded.

BIK is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

BIK is a funded company, having raised a total of $13.85M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.05M, raised on Jun 2020.

BIK has 53 employees.

The primary company behind BIK, Comida Technologies Private Limited, reported revenue of β‚Ή14.72 Cr for FY 2024, down 35% year on year.

The company was founded in 2019 in Palo Alto, United States, and operates in the AI-driven ecommerce marketing sector. ROI is optimized via personalized marketing approaches. Consumers are engaged through WhatsApp replies and purchase guidance. Carousels and limited-time offer templates are utilized for real-time customer action. Services include email, WhatsApp, and SMS marketing, along with store automation and gamification popups.

BIK's top competitors include Klaviyo, CommerceIQ and Yotpo.

BIK has 6 investors. Key investors include Peak XV Partners, Leonis Investment, Mantis VC, Y Combinator, and Pioneer Fund.

BIK operates through Comida Technologies Private Limited.

The legal entities of BIK currently have 2 directors, including Sonakshi Nathani, Ashutosh Singla.

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