Bubo AI Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Bubo AI Ltd. - overview

Established

2019

Location

London, -, UK

Primary Industry

Software

About

Based in the UK and founded in 2019, Bubo AI Ltd. specializes in AI-driven profit optimization solutions aimed at wholesalers and distributors across various sectors, enhancing their pricing strategies and customer retention efforts. Bubo AI Ltd. provides AI-based profit optimization solutions tailored for wholesalers and distributors.


The company, headquartered in London, UK, has raised a total of GBP 250,000 through a funding round on August 11, 2021, led by Mercia Asset Management. The CEO, Alan Timothy, has previously founded other companies in the tech industry, contributing to his expertise in leading Bubo AI. Bubo. ai specializes in AI-driven profit optimization solutions designed for wholesalers and distributors, particularly in sectors such as food service supplies, automotive, healthcare, and electrical supplies.


The company's core offerings include Bubo. Price and Bubo. Retain, which facilitate smarter pricing strategies and customer retention efforts. Bubo.


Price analyzes transaction data to enhance pricing rules, allowing businesses to maximize their profits without jeopardizing customer relationships. Meanwhile, Bubo. Retain helps identify at-risk customers and provides insights to maintain their loyalty. These solutions serve clients across the United Kingdom, Europe, and North America, reflecting a broad reach within the distribution landscape.


Bubo. ai generates revenue through a B2B subscription model, offering its services primarily to wholesalers and distributors who require data-driven insights for pricing and customer management. Clients subscribe to the Bubo. Price and Bubo.


Retain services, which provide ongoing analytical support and insights based on transaction histories. The firm collaborates closely with clients' existing ERP systems, ensuring seamless integration and efficient data utilization. These subscription agreements are structured to provide clients with continuous updates and recommendations, fostering long-term partnerships that enhance profitability. The flagship products, Bubo.


Price and Bubo. Retain, are central to the company's revenue stream, equipping clients with the tools needed to optimize their pricing strategies and maintain customer loyalty effectively. In August 2021, Bubo AI Ltd. raised GBP 250,000 in venture funding from returning investor Mercia Asset Management.


The company plans to utilize this funding to establish itself as the market leader in pricing optimization. Future initiatives include the development of new products aimed at enhancing pricing strategies and exploring expansion into new markets, though specific release dates and targeted regions have yet to be detailed.


Current Investors

Mercia Asset Management

Primary Industry

Software

Sub Industries

Sales & Marketing Software

Website

www.bubo.ai

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Growth Stage/Expansion

Total Amount Raised

Subscriber access only

Bubo AI Ltd. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.