A Game-Changer for Startup Funding
Qubit Capital is one of the companies pioneering in FinTech, trying to digitise how startups meet with investors using its AI-driven matchmaking platform. As of Q2 2024, Qubit has closed more than $9 million in funding rounds, thus allowing its customer base of startups to easily and efficiently face a competitive market landscape. This funding milestone forms part of a broader trend, where Qubit all told has secured $215 million for over 64 startups since 2020.
PC: PR Newswire
Breaking New Ground in U.S., UK, and European Markets
The most important benchmark achieved in order to democratise venture capital is the international expansion of Qubit from Asia to the countries in the United States, the United Kingdom, and Europe. This international expansion places startups in the forefront from these regions by creating a potential divide to Qubit’s innovative platform. Notable deals enabled by Qubit’s platform:
- Swiipr Technologies: It is a travel and fintech startup from the UK, has raised up to $7.7 million from major venture capital firms such as UK-based Octopus Ventures and Switzerland-based TX Ventures.
- Spottitt: This satellite-based geospatial analytics company raised $800,000 from Right Side Capital and three angel investors—pretty significant for a data analytics space company.
- iVent Pro: A virtual events platform, iVent Pro secured an undisclosed amount from Purple Ventures. The deal displayed Qubit’s aptitude to invite a wide array of sectors within the investor community.
Fundraising Revolutionised with AI Precision
At the heart of Qubit Capital’s success is its state-of-the-art AI and machine learning technology. The technology makes it possible for Qubit to automate the matchmaking process between a startup and its investors with very high accuracy and efficiency, ensuring that appropriate connections are made. It is particularly useful for Seed, Series A, and Series B startups, whose funding round sizes range from $150,000 to $30 million.
“Startups face immense challenges in securing funding, especially in a virtual-first, remote work environment,” said Mayur Toshniwal, Co-founder of Qubit Capital. “Our AI-powered platform provides startups with the tools they need to connect with the right investors and secure crucial funding. Our recent successes with Swiipr Technologies, Spottitt, and iVent Pro highlight our platform’s rapid growth and effectiveness.”
A Vision Born from Necessity
Qubit Capital was formed at the height of the 2020 pandemic by a group of seasoned entrepreneurs who understand only too well the magnitude of challenges that startup founders go through in their quest to raise capital. One of the key hurdles to surmount is identifying the right kind of investors, developing meaningful relationships with those investors, and optimally utilising scarce resources such as time towards achieving the goal of raising capital. The founders found it valuable to have a platform using AI to drive a seamless process for startups to secure funding for their growth and prosperity.
“We believe AI can democratise access to investors worldwide, breaking down barriers regardless of background or location,” said Sagar Agrawal, Co-founder of Qubit Capital. “Our global expansion into Europe, the UK, and the US excites us, and we are eager to support startups in these regions.”
Looking Ahead: The Future of Qubit Capital
Qubit Capital: Much more than a crowdfunding platform, Qubit is an end-to-end network that is revolutionising the process by which startups meet their investors. Ever since its foundation, Qubit has raised $215 million for more than 64 startups. With the convergence of AI, data-driven insights, and digital tools, the platform offers frictionless matchmaking and full-stack support across the fundraising journey. Qubit Capital has no regard for an industry or a particular stage of a startup; it works in many stages, from early to growth, all driven by passion for growth and innovation.
The mission of the company is to never stop expanding the outreach and impact so, with this, more and more startups all over the world can grab the leverage of resources and connections needed to successfully operate. In expanding the Qubit Capital team, the limit is always pushed on what can be done in the world of startup fund-raising, with AI at the core.
