About Bungee
Bungee is a company based in Berkeley (United States) founded in 2017 by Rajat Nigam.. Bungee has raised $100 thousand across 1 funding round from investors including Berkeley SkyDeck. The company has 54 employees as of April 02, 2024. Bungee offers products and services including Price Optimization, Promotion Optimization, Competitive Intelligence, Assortment Optimization, and Markdown Optimization. Bungee operates in a competitive market with competitors including AlphaSense, 4C Insights, Wiser, data.ai and AMPLYFI, among others.
- Headquarter Berkeley, United States
- Employees 54 as on 02 Apr, 2024
- Founders Rajat Nigam
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Sectors
TechnologyRetail
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Bungee Tech India Private Limited
- Date of Incorporation 26 Feb, 2020
- Jurisdiction Purana Kanpur, Uttar Pradesh, India
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Annual Revenue
$1.49 M (USD)149.31as on Mar 31, 2023
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Net Profit
$1.23 K (USD)-85.86as on Mar 31, 2023
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EBITDA
$16.87 K (USD)-12.85as on Mar 31, 2023
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Jul 27, 2018
- Investors
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Employee Count
54
as on Apr 02, 2024
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Products & Services of Bungee
Bungee offers a comprehensive portfolio of products and services, including Price Optimization, Promotion Optimization, Competitive Intelligence, Assortment Optimization, and Markdown Optimization. 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.
Analyzes data to recommend profitable pricing strategies
Plans promotions to drive sales and customer loyalty
Monitors competitors for informed pricing decisions
Identifies product mix to meet customer demands
Optimizes discounts for slow-moving inventory
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Funding Insights of Bungee
Bungee has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in July 2018. 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 — $100,000
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First Round
First Round
(27 Jul 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2018 | Amount | Seed - Bungee | Valuation | Berkeley SkyDeck |
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| 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 |
Investors in Bungee
Bungee has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Berkeley SkyDeck. 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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Startups are accelerated and incubated across diverse industries.
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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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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 Bungee
| 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 - Bungee
| 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 |
Bungee Comparisons
Competitors of Bungee
Bungee 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 AlphaSense, 4C Insights, Wiser, data.ai and AMPLYFI, 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 |
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| domain | founded_year | HQ Location |
AI-powered market intelligence and search platform is operated.
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| domain | founded_year | HQ Location |
Cloud-based market intelligence is delivered across closed ecosystems.
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| domain | founded_year | HQ Location |
Price intelligence and optimization software is provided for e-commerce retailers.
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| domain | founded_year | HQ Location |
Market data is analyzed by AI to generate consumer insights.
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| domain | founded_year | HQ Location |
Open-source data is curated, analyzed, and visualized via AI platform.
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Cloud based marketing management platform for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Bungee
When was Bungee founded?
Bungee was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Bungee located?
Bungee is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Who is the current CEO of Bungee?
Rajat Nigam is the current CEO of Bungee. They have also founded this company.
Is Bungee a funded company?
Bungee is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jul 27, 2018.
How many employees does Bungee have?
As of Apr 02, 2024, the latest employee count at Bungee is 54.
What is the annual revenue of Bungee?
Annual revenue of Bungee is $1.49M as on Mar 31, 2023.
What does Bungee do?
Bungee was founded in 2017 in Berkeley, United States, within the enterprise data technology sector. Data solutions are provided to retailers and consumer packaged goods manufacturers, enabling the collection of pricing, promotion, assortment, and availability details. Insights into market competition are generated using AI and machine learning, drawing from syndicated partner data and online sources. Visualizations and dashboards are utilized to present this information across operations.
Who are the top competitors of Bungee?
Bungee's top competitors include AlphaSense, 4C Insights and TapClicks.
What products or services does Bungee offer?
Bungee offers Price Optimization, Promotion Optimization, Competitive Intelligence, Assortment Optimization, and Markdown Optimization.
Who are Bungee's investors?
Bungee has 1 investor. Key investors include Berkeley SkyDeck.