About Bitext
Bitext is a company based in Redwood City (United States) founded in 2008.. Bitext has raised $900 thousand across 3 funding rounds from investors including European Union, EIC Fund and Inveready. Bitext offers products and services including Synthetic Data, Finetuned Models, and Data Annotation Services. Bitext operates in a competitive market with competitors including Sprout Social, Signal AI, CreativeX, Pathmatics and StatSocial, among others.
- Headquarter Redwood City, United States
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Bitext Innovations Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$900 K (USD)
in 3 rounds
-
Latest Funding Round
$55.6 K (USD), Grant
Oct 31, 2019
-
Investors
European Union
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Bitext
Bitext offers a comprehensive portfolio of products and services, including Synthetic Data, Finetuned Models, and Data Annotation Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Generates hybrid datasets for fine-tuning large language models.
Customizes LLMs for enterprise-specific conversational applications.
Automates labeling and generation for AI training datasets.
Unlock access to complete
Funding Insights of Bitext
Bitext has successfully raised a total of $900K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $55.6 thousand completed in October 2019. 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 Total Funding
- Total Rounds 3
- Last Round Grant — $55,601
-
First Round
First Round
(01 Jan 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Grant - Bitext | Valuation |
investors |
|
| May, 2018 | Amount | Grant - Bitext | Valuation |
investors |
|
| Jan, 2015 | Amount | Seed - Bitext | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bitext
Bitext has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and Inveready. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Government agency and accelerator focusing on innovative startups and SMEs
|
Founded Year | Domain | Location | |
|
Inveready is recognized as a leading Spanish financial services firm.
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Bitext
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Bitext
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bitext Comparisons
Competitors of Bitext
Bitext operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sprout Social, Signal AI, CreativeX, Pathmatics and StatSocial, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Social media management and insights are provided for brands.
|
|
| domain | founded_year | HQ Location |
Media and regulatory updates are monitored via AI platform.
|
|
| domain | founded_year | HQ Location |
Ad creative analytics are delivered via an automated measurement platform.
|
|
| domain | founded_year | HQ Location |
Digital advertising intelligence is supplied to global industry stakeholders.
|
|
| domain | founded_year | HQ Location |
Social media analytics software with audience segmentation is provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based PR platform is provided for business media management.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Bitext
Frequently Asked Questions about Bitext
When was Bitext founded?
Bitext was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is Bitext located?
Bitext is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Bitext a funded company?
Bitext is a funded company, having raised a total of $900K across 3 funding rounds to date. The company's 1st funding round was a Seed of $900K, raised on Jan 01, 2015.
What does Bitext do?
Bitext is a provider of NLP based API platform for deep linguistic analysis having applications in social media, search, and more. The API platform combines multiple multilingual services allowing users to enhance their artificial intelligence and machine learning services including Lemmatization, Phrase Extraction, Entity Extraction, Sentiment Analysis, Slot Generation, and Sentence Rewriting. Lemmatization service is used for multiple purposes like search query expansion, indexing or topic modeling. Phrase Extraction service allows a comprehensive analysis of structured texts. Entity Extraction allows analyzing text to extract entities and their type, within over 16 types such as brands, locations or dates. Sentiment Analysis service provides polarity, sentiment scoring, sentiment text and, sentiment topic identification out of raw data with over 90 accuracy. Slot Generation and Sentence Rewriting are middleware services for bots wherein input is taken as a command to provides output as a structure for the sentence (a set of slots) that can be easily and correctly interpreted by the chatbot, by the former and a simplified version of the command, reduced to its essential components by the later. In addition, the company offers CX- a SaaS version of the multilingual text analytics customer experience platform.
Who are the top competitors of Bitext?
Bitext's top competitors include Sprout Social, CreativeX and Signal AI.
What products or services does Bitext offer?
Bitext offers Synthetic Data, Finetuned Models, and Data Annotation Services.
Who are Bitext's investors?
Bitext has 3 investors. Key investors include European Union, EIC Fund, and Inveready.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.