Cloudbot

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Cloudbot - overview

Established

2010

Location

Chicago, IL, US

Primary Industry

Internet

About

Cloudbot offers innovative technology solutions aimed at enhancing operational efficiency for businesses. Their suite of software applications addresses industry-specific challenges in sectors like healthcare, finance, and logistics. Cloudbot, founded in 2010, operates from Chicago, US. The company specializes in technology solutions that enhance operational efficiency.


Jiten Chandaria is the founder. In October 2011, Cloudbot secured Seed funding from Lightbank, Hyde Park Angels, and Draper Associates, though specific terms were not disclosed. Cloudbot primarily delivers innovative technology solutions that improve operational efficiency and tackle specific industry challenges. Their core product offerings include software applications for data management, analytics, and process automation, tailored for various sectors such as healthcare, finance, and logistics.


These solutions assist clients in streamlining workflows and reducing operational costs. Their products are used by a diverse clientele, including mid-sized enterprises and large corporations across North America, Europe, and Asia-Pacific, positioning Cloudbot as a key partner in achieving strategic objectives through advanced technology. The company generates revenue through a subscription-based model allowing clients to access software solutions on a recurring basis. This model includes tiered pricing plans based on usage scale, catering to both small businesses and large enterprises.


Cloudbot may also form direct partnerships with other firms to enhance service offerings, thereby expanding market reach. Flagship products are marketed with well-defined pricing to align with client operational needs, fostering lasting customer relationships that contribute to overall financial health. Cloudbot aims to expand its product offerings with several new software applications set to launch in the near future, although specific release dates have not been disclosed. The company plans to enter new geographic markets in Europe and Asia by the end of 2023.


The funding received from the Seed round in October 2011 will support these initiatives, facilitating the development and marketing of new products.


Current Investors

Lightbank, Draper & Associates Inc, Hyde Park Angels

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform, Web Applications, Software

Website

cloudbot.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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