5 years ago

Bubo.AI Raises £650k to Scale AI-Powered Pricing Platform

  • Bubo.AI, a UK-based startup, has secured £650,000 in funding from NPIF - Mercia Equity Finance, Mercia, and private investors

  • The company's AI-powered platform helps wholesalers and distributors optimize pricing strategies by analyzing customer behavior and recommending optimal prices

  • The funding will enable Bubo.AI to scale its operations across Europe and North America.

    • ProblemTechnology

      "Setting the right price for products is difficult, especially for wholesalers and distributors with many different products and branches. Traditional pricing methods like cost-plus or competitor-based pricing can lead to missed profits or price wars."

      Solution

      "Bubo.AI offers an AI-powered pricing platform that analyzes customer behavior to understand willingness to pay. This allows businesses to implement value-based pricing, recommending optimal prices to sales staff and maximizing profitability."

      Covered on