About Bitpart AI
Bitpart AI is a company based in Boston (United States) founded in 2022 by Sarah Rudzki and Jeff Orkin.. Bitpart AI has raised $5.37 million across 1 funding round from investors including Crane Venture Partners, Converge and DNX Ventures. Bitpart AI offers products and services including AI Character Engine, SDKs for Engines, Authoring Tools, Rehearsal Simulation, and Script-to-Scene. Bitpart AI operates in a competitive market with competitors including NPCx, Quest Portal, Playfield, Nucanon and Studio Gobo, among others.
- Headquarter Boston, United States
- Founders Sarah Rudzki, Jeff Orkin
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.37 M (USD)
in 1 rounds
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Latest Funding Round
$5.37 M (USD), Seed
Feb 15, 2024
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Investors
Crane Venture Partners
& 3 more
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Employee Count
Employee Count
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Products & Services of Bitpart AI
Bitpart AI offers a comprehensive portfolio of products and services, including AI Character Engine, SDKs for Engines, Authoring Tools, Rehearsal Simulation, and Script-to-Scene. 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.
End-to-end solution for creating interactive characters in virtual worlds.
Software kits for integrating AI into Unreal, Unity, and Roblox platforms.
Text-based tools for designing behaviors and dialogue without programming.
Text-based system for testing gameplay before full 3D development.
Converts scripts into real-time animated scenes with character interactions.
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Funding Insights of Bitpart AI
Bitpart AI has successfully raised a total of $5.37M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.37 million completed in February 2024. 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 1
- Last Round Seed — $5.4M
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First Round
First Round
(15 Feb 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Seed - Bitpart AI | Valuation | Lvp |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bitpart AI
Bitpart AI has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Crane Venture Partners, Converge and DNX Ventures. 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 |
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Investments in early-stage software companies are managed by the firm.
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Converge is engaged in venture capital investments for technology startups.
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Founded Year | Domain | Location | |
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Investments in B2B sectors are made by DNX Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bitpart AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bitpart AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bitpart Ai Comparisons
Competitors of Bitpart AI
Bitpart AI 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 NPCx, Quest Portal, Playfield, Nucanon and Studio Gobo, 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 |
Provider of AI-assisted solutions for managing storyline content for games
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| domain | founded_year | HQ Location |
Provider of a storyline content solution for game developers
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| domain | founded_year | HQ Location |
Games are discovered, purchased, and sold on an online marketplace.
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| domain | founded_year | HQ Location |
AI-powered platform for collaborative game and narrative design is utilized.
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| domain | founded_year | HQ Location |
Game content is developed for publishers and developers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bitpart AI
When was Bitpart AI founded?
Bitpart AI was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Bitpart AI located?
Bitpart AI is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Bitpart AI?
Jeff Orkin is the current CEO of Bitpart AI. They have also founded this company.
Is Bitpart AI a funded company?
Bitpart AI is a funded company, having raised a total of $5.37M across 1 funding round to date. The company's 1st funding round was a Seed of $5.37M, raised on Feb 15, 2024.
What does Bitpart AI do?
Bitpart AI was founded in 2022 and is based in Boston, United States. An AI-driven platform for user-generated content in the gaming sector is being developed. The Character Hub is created to allow creators to browse, customize, and share non-player characters. Dialogue, moods, and personality traits can be refined to match specific use cases within game development projects.
Who are the top competitors of Bitpart AI?
Bitpart AI's top competitors include Quest Portal, NPCx and Studio Gobo.
What products or services does Bitpart AI offer?
Bitpart AI offers AI Character Engine, SDKs for Engines, Authoring Tools, Rehearsal Simulation, and Script-to-Scene.
Who are Bitpart AI's investors?
Bitpart AI has 4 investors. Key investors include Crane Venture Partners, Converge, DNX Ventures, and LVP.
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