About Quitbit
Quitbit is a company based in Boston (United States) founded in 2013.. Quitbit operates in a competitive market with competitors including Behaivior, Milo Sensors, Gram Research, Intelliquit and Quitology, among others.
- Headquarter Boston, United States
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Sectors
HealthcareRetail
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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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Latest Funding Round
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Investors
SOSV
& 2 more
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Employee Count
Employee Count
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Funding Insights of Quitbit
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Seed - Quitbit | Valuation | SOSV |
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| Dec, 2015 | Amount | Seed - Quitbit | Valuation | MassChallenge |
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| Jun, 2014 | Amount | Seed - Quitbit | Valuation | HAX |
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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 Quitbit
Quitbit has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include SOSV, MassChallenge and HAX. 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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Venture capital and accelerator services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location | |
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Startups are accelerated via a 111-day program with seed funding.
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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 Quitbit
| 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 - Quitbit
| 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 |
Quitbit Comparisons
Competitors of Quitbit
Quitbit 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 Behaivior, Milo Sensors, Gram Research, Intelliquit and Quitology, 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 |
Wearable devices for opioid deaddiction are provided using machine learning.
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| domain | founded_year | HQ Location |
Wearable blood alcohol sensor
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| domain | founded_year | HQ Location |
Connected device for managing smoking addiction
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| domain | founded_year | HQ Location |
Offers cloud-based nicotine monitoring and tobacco treatment assistance for users.
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| domain | founded_year | HQ Location |
App-based program for quitting smoking and bad habits with behavioral support.
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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 Quitbit
When was Quitbit founded?
Quitbit was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Quitbit located?
Quitbit is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
What does Quitbit do?
Quitbit is a private label brand of smoking trackers. The products are smart lighters with a built-in display that shows the number and time of the cigarettes smoked. The products are synced with a mobile app to view smoking history, set reduction plans, and optionally limit how often and when the lighter can be used.
Who are the top competitors of Quitbit?
Quitbit's top competitors include Behaivior, Milo Sensors and Gram Research.
Who are Quitbit's investors?
Quitbit has 3 investors. Key investors include SOSV, MassChallenge, and HAX.