About bloop
bloop is a company based in London (United Kingdom) founded in 2021 by Louis Knight Webb and Gabriel Gordon-Hall. It operates as a AI-as-a-Service. bloop has raised $7.43 million across 2 funding rounds from investors including Y Combinator. The company has 3 employees as of April 30, 2022. bloop offers products and services including AI Code Conversion. bloop operates in a competitive market with competitors including Defer, Holonic, Online JSON Tools, CodeConvert and Tangible Software Solutions, among others.
- Headquarter London, United Kingdom
- Employees 3 as on 30 Apr, 2022
- Founders Louis Knight Webb, Gabriel Gordon-Hall
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Bloop Ai Limited
- Date of Incorporation 27 Apr, 2021
- Jurisdiction LONDON, LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.43 M (USD)
in 2 rounds
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Latest Funding Round
$7.31 M (USD), Series A
Dec 15, 2021
- Investors
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Employee Count
3
as on Apr 30, 2022
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Products & Services of bloop
bloop offers a comprehensive portfolio of products and services, including AI Code Conversion. 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.
Legacy COBOL is converted to readable Java code.
Funding Insights of bloop
bloop has successfully raised a total of $7.43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.31 million completed in December 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 Total Funding
- Total Rounds 2
- Last Round Series A — $7.3M
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First Round
First Round
(01 Sep 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2021 | Amount | Series A - bloop | Valuation |
investors |
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| Sep, 2021 | Amount | Seed - bloop | Valuation | Y Combinator |
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| 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 bloop
bloop has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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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Early-stage startups are accelerated via funding and educational programs.
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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 bloop
| 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 - bloop
| 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 |
Bloop Comparisons
Competitors of bloop
bloop 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 Defer, Holonic, Online JSON Tools, CodeConvert and Tangible Software Solutions, 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 |
Platform offering code conversion software
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| domain | founded_year | HQ Location |
An ML platform is provided for software development and regeneration.
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| domain | founded_year | HQ Location |
Platform for searching and using JSON tools.
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| domain | founded_year | HQ Location |
AI platform converts, explains, and generates code to assist developers efficiently.
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| domain | founded_year | HQ Location |
Offers efficient tools for source code conversion between C#, Java, C++, and Python.
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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 bloop
When was bloop founded?
bloop was founded in 2021.
Where is bloop located?
bloop is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of bloop?
Louis Knight Webb is the current CEO of bloop. They have also founded this company.
Is bloop a funded company?
bloop is a funded company, having raised a total of $7.43M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Sep 01, 2021.
How many employees does bloop have?
As of Apr 30, 2022, the latest employee count at bloop is 3.
What does bloop do?
Legacy COBOL code is transformed into readable Java through AI-powered conversion by bloop. The process ensures functional equivalence and safety with built-in correctness checks. Solutions are provided for modernization, allowing code to be modified and extended post-conversion. The focus is on freeing engineering resources from menial tasks to foster innovation. Services are targeted at teams needing to migrate legacy systems, combining modern language model approaches with compiler-based accuracy. The company operates in the technology sector, specializing in software modernization.
Who are the top competitors of bloop?
bloop's top competitors include Defer, Holonic and CodeConvert.
What products or services does bloop offer?
bloop offers AI Code Conversion.
Who are bloop's investors?
bloop has 1 investor. Key investors include Y Combinator.