Qubit

London, United Kingdom Founded: 2010 • Age: 16 yrs Acquired By Coveo
Personalization solution for online businesses
Annual revenue $12.8M Latest available
Total funding $74.8M 4 rounds
Employees 116 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Technology
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Qubit Digital Ltd
  • Date of Incorporation 05 Jan, 2010
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.79 M (USD)
    -43
    as on Oct 31, 2020
  • Net Profit
    -$3.74 M (USD)
    -295
    as on Oct 31, 2020
  • EBITDA
    Not available
  • Total Equity Funding
    $74.83 M (USD)

    in 4 rounds

  • Latest Funding Round
    $40 M (USD), Series C

    Feb 22, 2016

  • Investors
    Salesforce

    & 6 more

  • Employee Count
    116

    as on Jan 31, 2020

  • Acquired by
    Coveo

    (Oct 13, 2021)

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People of Qubit

Headcount 200-500
Employee Profiles 191
Board Members and Advisors 6
Employee Profiles
People
Sophie Delerue
Head Of Accounts, Europe
People
Federica Gatti
Senior Corporate Communications And Social Media Manager
People
Clara Boulanger
Senior Marketing Manager, Team Lead
People
Razan Azzawi
Senior Customer Success Manager

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Board Members and Advisors
people
Jean-Paul Chauvet
Director
people
Frédéric Lalonde
Director
people
J. Alberto Yépez
Director
people
Isaac Kim
Director

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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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Locked Locked Locked
Venture capital firm partnering with enterprise software companies and early-stage funds.
Locked Locked Locked
Accel is recognized as a leading venture capital firm.
Locked Locked Locked
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Investor details for Qubit

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Investments & Acquisitions by Qubit

Investments
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Investment portfolio details for Qubit

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Financial Statements - Qubit

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Detailed financials for Qubit

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  • Profit trends
  • Statement rows
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Qubit Comparisons

Qubit Primary company
Description
Personalization solution for online businesses
Location
London, United Kingdom
Founded Year
2010
Annual Revenue
$12.79 M (USD)
Net Profit
-$3.74 M (USD)
EBITDA
Not available
Employees
116
As of 2020
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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
Locked Locked Locked
AI-powered platforms and services for customer experience management are provided.
Locked Locked Locked
Personalized product recommendations are delivered via SaaS to online retailers.
Locked Locked Locked
Conversion rate optimization and personalization are delivered to businesses.
Locked Locked Locked
Website optimization and personalization solutions are provided for digital platforms.
Locked Locked Locked
Personalized omnichannel experiences are generated via marketing automation.
Locked Locked Locked
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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Complete news archive for Qubit

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

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