About Qubit
Qubit is a company based in London (United Kingdom) founded in 2010 was acquired by Coveo in October 2021. Qubit has raised $74.83 million across 4 funding rounds from investors including Salesforce, Goldman Sachs and Coveo. The company has 116 employees as of January 31, 2020. Qubit operates in a competitive market with competitors including [24]7.ai, Nosto, Intellimize, Dynamic Yield and Sailthru, among others.
- Headquarter London, United Kingdom
- Employees 116 as on 31 Jan, 2020
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Sectors
TechnologyRetail
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Phone
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Website
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Social
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- Legal Name Qubit Digital Ltd
- Date of Incorporation 05 Jan, 2010
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$12.79 M (USD)-43as on Oct 31, 2020
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Net Profit
-$3.74 M (USD)-295as on Oct 31, 2020
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EBITDA
Not available
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Total Equity Funding
$74.83 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series C
Feb 22, 2016
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Investors
Salesforce
& 6 more
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Employee Count
116
as on Jan 31, 2020
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Acquired by
Coveo
(Oct 13, 2021)
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People of Qubit
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Funding Insights of Qubit
Qubit has successfully raised a total of $74.83M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in February 2016. 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.
Investors in Qubit
Qubit has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Salesforce, Goldman Sachs and Coveo.
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Investment banking services are delivered across multiple financial sectors.
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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Accel is recognized as a leading venture capital firm.
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Investor details for Qubit
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Investments & Acquisitions by Qubit
Investment portfolio details for Qubit
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Financial Statements - Qubit
Detailed financials for Qubit
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Qubit Comparisons
Peer comparison for Qubit
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Competitors of Qubit
Qubit 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 [24]7.ai, Nosto, Intellimize, Dynamic Yield and Sailthru, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-powered platforms and services for customer experience management are provided.
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Personalized product recommendations are delivered via SaaS to online retailers.
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Conversion rate optimization and personalization are delivered to businesses.
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Website optimization and personalization solutions are provided for digital platforms.
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Personalized omnichannel experiences are generated via marketing automation.
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Customer engagement is enabled through incentives and promotions for e-tailers.
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Detailed competitors of Qubit
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Latest news on Qubit
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Frequently Asked Questions about Qubit
Qubit was founded in 2010.
Qubit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Qubit is a funded company, having raised a total of $74.83M across 4 funding rounds to date.
As of Jan 31, 2020, the latest employee count at Qubit is 116.
Annual revenue of Qubit is $12.79M as on Oct 31, 2020.
Qubit was founded in 2010 in London, United Kingdom, as a platform for digital customer experience in the marketing and ecommerce sectors. Analytics, visitor segmentation, AB and multivariate testing, web personalization, recommendations, and tag management are integrated into its workflow. Solutions are offered to industries including retail, finance, and travel, supporting real-time conversion optimization through data-driven operations.
Qubit's top competitors include Nosto, [24]7.ai and Dynamic Yield.
Qubit has 7 investors. Key investors include Salesforce, Goldman Sachs, Coveo, Accel, and Balderton Capital.