Qubit provides a product suite that both collects and processes large data sets to identify and execute the biggest levers for improving online profitability through machine learning, statistical analysis and high-performance computing. By combining rich customer data, deep learning technology and advanced segmentation capabilities, the Qubit Customer Influence Engine can precisely match customers with the widest range of personal, online experiences to influence behavior at scale.

Company Growth (employees)
Type
Private
HQ
London, GB
Size (employees)
235 (est)
Website
qubit.com
Qubit is headquartered in London, GB

Key People at Qubit

Graham Cooke

Graham Cooke

CEO and Founder
Emre Baran

Emre Baran

CTO, Founder
Daniel Shellard

Daniel Shellard

COO, Founder

Qubit Office Locations

Qubit has offices in London, New York, Munich and Paris
London, GB (HQ)
20 - 24 Broadwick Street
Paris, FR
75 Boulevard Haussmann
Munich, DE
Maximilianstrasse 35a
New York, US
12 W, 21st Street

Qubit Data and Metrics

Summary Metrics

Total Funding

$82.4 m

Latest funding size

$40 m

Time since last funding

over 1 year

Investors

Qubit's latest funding round in February 2016 was reported to be $40 m. In total, Qubit has raised $82.4 m

Qubit Financial Metrics

Qubit's revenue was reported to be £11.3 m in FY, 2015 which is a 91% increase from the previous period.
GBP

Revenue (FY, 2015)

11.3 m

Revenue growth (FY, 2014 - FY, 2015), %

91%

Gross profit (FY, 2015)

7 m

Gross profit margin (FY, 2015), %

62%

Net income (FY, 2015)

(9.9 m)

Cash (31-Dec-2015)

25.1 m
GBPFY, 2013FY, 2014FY, 2015

Revenue

3.4 m5.9 m11.3 m

Revenue growth, %

76%91%

Cost of goods sold

1.2 m2.4 m4.3 m

Gross profit

2.1 m3.5 m7 m

Gross profit Margin, %

63%59%62%

Pre tax profit

(3.8 m)(5.2 m)(10.6 m)

Net Income

(3.3 m)(4.2 m)(9.9 m)
GBPFY, 2013FY, 2014FY, 2015

Cash

1.3 m12.5 m25.1 m

Accounts Receivable

1.2 m1 m2.2 m

Current Assets

3.1 m15.1 m29.8 m

PP&E

209.5 k156 k887 k

Goodwill

31.7 k4.3 m6.7 m

Total Assets

3.4 m19.5 m37.4 m

Accounts Payable

110.3 k424 k952 k

Current Liabilities

1.7 m3.5 m10.6 m

Total Liabilities

1.7 m4.7 m12 m

Retained Earnings

(3.3 m)(4.2 m)(9.9 m)

Total Equity

1.7 m14.7 m25.4 m

Financial Leverage

2 x1.3 x1.5 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(3.6 m)(2.2 m)(2.2 m)

Cash From Financing Activities

16 m19.8 m

Income Taxes Paid

509.1 k981 k773 k
GBPY, 2015

Revenue/Employee

55.6 k

Financial Leverage

1.5 x

Traffic Overview of Qubit

Qubit Online and Social Media Presence

Qubit News and Updates

Qubit announces AI-powered mobile commerce discovery platform at MB 2017

EXCLUSIVE: Online retailers have a problem. Search is broken, and much of the available inventory is never found by consumers. In fact, 70 percent of the top 50 grossing US ecommerce sites still require “exact matching” to ensure a product appears in the results. Today Qubit — the marketing personal…

D-Wave ups its quantum annealing game to 2000 qubits

 Universal quantum computers don’t exist, but that hasn’t stopped D-Wave from carving out its own place in the quantum computing market. Today, the 17-year-old company is announcing its forth quantum chip, the 2000Q, doubling the number of qubits on its exiting 1000Q chip. The Burnaby, British Colum…

Qubit Company Life and Culture

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