Qubit

OverviewSuggest Edit

Qubit Digital is a company developing e-commerce personalization software. It offers a platform that provides A/B testing, abandonment recovery, data integrations, machine learning, product recommendations, as well as omnichannel, website, and mobile app personalization, tag management, customer segmentation, insights, polling, and feedback capabilities. The company serves beauty and cosmetics, luxury, fashion, airlines, travel and tourism, and online betting industries.

TypePrivate
Founded2010
HQLytchett Matravers, GB
Websitequbit.com
Employee Ratings4.4
Overall CultureF

Latest Updates

Employees (est.) (Nov 2021)102(-2%)
Revenue (FY, 2019)£17.4 M(-8%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Qubit

Graham Cooke

Graham Cooke

CEO
Christopher Bradbury

Christopher Bradbury

COO
Steve Harris

Steve Harris

CFO
Robin Trickett

Robin Trickett

VP, Strategy
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Qubit Office Locations

Qubit has offices in Lytchett Matravers, London, New York and Paris
Lytchett Matravers, GB (HQ)
13, Freeland Park, Wareham Rd
London, GB
35 King St
Paris, FR
38 Rue de Berri
New York, NY, US
245 8th Ave #1005
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Qubit Financials and Metrics

Summary Metrics

Founding Date

2010

Qubit total Funding

$74.9 m

Qubit latest funding size

$40 m

Time since last funding

6 years ago

Qubit investors

Qubit's latest funding round in February 2016 was reported to be $40 m. In total, Qubit has raised $74.9 m
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Qubit Revenue

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Qubit's revenue was reported to be £17.43 m in FY, 2019 which is a 8% decrease from the previous period.
GBP

Revenue (FY, 2019)

17.4m

Revenue growth (FY, 2018 - FY, 2019), %

(8%)

Gross profit (FY, 2019)

11.3m

Gross profit margin (FY, 2019), %

65.1%

Net income (FY, 2019)

(5.1m)

EBITDA (FY, 2019)

(1.9m)

EBIT (FY, 2019)

(6.6m)

Cash (31-Jan-2019)

6.1m
GBPFY, 2017FY, 2018FY, 2019

Revenue

19.0m19.0m17.4m

Revenue growth, %

0%(8%)

Cost of goods sold

8.7m7.1m6.1m

Gross profit

10.3m11.9m11.3m
GBPFY, 2017FY, 2018FY, 2019

Cash

19.3m9.6m6.1m

Accounts Receivable

2.8m3.5m3.5m

Current Assets

24.9m15.9m11.8m

PP&E

651.0k468.0k261.0k
GBPFY, 2017FY, 2018FY, 2019

Net Income

(10.3m)(8.6m)(5.1m)

Depreciation and Amortization

3.1m3.8m4.7m

Accounts Payable

(932.0k)(85.0k)(761.0k)

Cash From Operating Activities

(11.5m)(4.6m)(1.0m)
GBPFY, 2017

Revenue/Employee

76.5k

Financial Leverage

1.5 x
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Qubit Operating Metrics

Feb, 2018Apr, 2018Jun, 2018Jun, 2020

Events Collected Every Second

120 k

Average Daily Personalizations

1 b

Interactions to Date

1.2 b

Products

23

Qubit Acquisitions / Subsidiaries

Company NameDateDeal Size
Quibit France
Quibit inc

Qubit Revenue Breakdown

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Qubit revenue breakdown by geographic segment: 20.6% from United States of America, 55.4% from United Kingdom, 5.4% from Rest of World and 18.5% from Europe

Qubit Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Qubit Online and Social Media Presence

Embed Graph

Qubit Company Culture

  • Overall Culture

    F

    42/100

  • CEO Rating

    F

    50/100

  • Compensation

    F

    10/100

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Qubit News and Updates

Qubit Constructors - Your Next Generation Contractor is Here

Qubit Constructors is a boutique construction firm focused on technically complex environments that demand a high degree of engineering knowledge related to critical power, precision HVAC, and high bandwidth/low latency networks. CHANTILLY, Va., July 6, 2022 /PRNewswire/ -- Welcome the...

AI-powered personalization provider Qubit gets acquired by Coveo

AI-powered relevance platform Coveo acquired Qubit, a leader in AI-powered personalization technology for merchandising teams.

Coveo acquires England’s Qubit to extend European e-commerce reach

The artificial intelligence (AI) powered personalization e-commerce company, Coveo, has acquired London, U.K.-based Qubit for an undisclosed amount. Louis Têtu, Coveo’s chair and CEO,... The post Coveo acquires England’s Qubit to extend European e-commerce reach first appeared on BetaKit.

Qubit Named a Visionary in Gartner's Magic Quadrant for Personalization Engines

LONDON, July 11, 2019 /PRNewswire/ -- Qubit today announced that Gartner Inc. has named the company a Visionary in their 2019 Magic Quadrant for Personalization Engines.[1] Founded in 2010, Qubit enables the world's leading retail, luxury, fashion, beauty, travel and online betting brands ...

Qubit annonce le lancement d'une nouvelle gamme de produits conçue pour accélérer les efforts de personnalisation des marques

Les plus grandes marques mondiales s'appuient sur les solutions Start, Grow et Pro de Qubit pour leurs initiatives de personnalisation. PARIS, 4 mars 2019 /PRNewswire/ -- Qubit, entreprise leader des technologies de personnalisation marketing, a annoncé aujourd'hui sur le salon Shoptalk...

Digital Tags Management Systems Market 2025 – Forthcoming Outlook and Top Key Player Like Google, IBM, Adobe, Ensighten, Tealium, Adform, Commanders Act, Piwik.pro, Qubit and Oracle

The Insight partners has announced the addition of the Digital Tags Management Systems Market 2025 - Global Analysis and Forecasts by Functions, Size, Trends, Share, Technology, Status and Opportunities, Application report to their offering. Posted via Industry Today. Follow us on Twitter @IndustryT…
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Qubit Blogs

Design a top 1% ecommerce strategy for 2022: solutions for omnichannel, supply chain, and personalization

Let's be honest, a winning ecommerce strategy requires more than great ideas; it requires great tools. If you've been keeping up with our blog-series Must-knows for the 2021 holidays: real-time insights for ecommerce leaders, you'll already be familiar with shopper and retailer trends of…

​​Ecommerce leaders on their online strategy: investment plans and challenges expected

Ever wondered how ecommerce leaders such as LVMH, MAC Cosmetics and Kate Spade differentiate their online experience? Times have changed in the ecommerce world, and delighting shoppers is no longer a box-ticking exercise, but rather requires careful engineering of the customer journey. 

Shopper trends to expect this season: How does your retailer’s experience compare?

Did everyone initiate their Christmas promotion in October? Are other retailers struggling with inventory? Is this what all shoppers are doing? 

The top 3 reasons your visitors abandon without purchase

In our recent survey with 1,500 US & UK consumers, we learned that over 85% of consumers plan to keep shopping online, despite store re-openings.  However, neary 55% of consumers need more convincing to complete an ecommerce purchase vs. one made in-store. Why is that? We’re here to …

6 stats to know ahead of this year’s holiday season

Last year’s holiday season was a record breaker for online shopping. Ecommerce sales during November 2020 reached a whopping $100 billion for the first time ever. And this year’s looks to be even bigger.  How should you prepare to take advantage of 2021’s peak season? 
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Qubit Frequently Asked Questions

  • When was Qubit founded?

    Qubit was founded in 2010.

  • Who are Qubit key executives?

    Qubit's key executives are Graham Cooke, Christopher Bradbury and Steve Harris.

  • How many employees does Qubit have?

    Qubit has 102 employees.

  • What is Qubit revenue?

    Latest Qubit annual revenue is £17.4 m.

  • What is Qubit revenue per employee?

    Latest Qubit revenue per employee is £170.9 k.

  • Who are Qubit competitors?

    Competitors of Qubit include Constructor.io, Shoppermotion and Dynamic Yield.

  • Where is Qubit headquarters?

    Qubit headquarters is located at 13, Freeland Park, Wareham Rd, Lytchett Matravers.

  • Where are Qubit offices?

    Qubit has offices in Lytchett Matravers, London, New York and Paris.

  • How many offices does Qubit have?

    Qubit has 4 offices.