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 Ratings4.6
Overall CultureF

Latest Updates

Employees (est.) (Jun 2021)102
Revenue (FY, 2019)£17.4 M(-8%)
Cybersecurity ratingAMore

Key People/Management at Qubit

Graham Cooke

Graham Cooke

CEO
Christopher Bradbury

Christopher Bradbury

COO
Steve Harris

Steve Harris

CFO
Julia Fearn

Julia Fearn

VP - Customer Success
Robin Trickett

Robin Trickett

VP - Strategy
Simon Jaffery-Reed

Simon Jaffery-Reed

VP of Product
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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

5 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
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Qubit Acquisitions / Subsidiaries

Company NameDateDeal Size
Quibit France
Quibit inc

Qubit Revenue Breakdown

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

Qubit Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

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 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 Outlook to 2025- Top Companies are Google, IBM, Adobe, Ensighten, Tealium, Adform, Commanders Act, Piwik.pro, Qubit and Oracle

The report on Digital Tags Management Systems Industry will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims. Posted via Industry Today. Follow…

Global Plant Phenotyping Equipment Market Analysis Report 2018-2025 - Key players are Keygene; Heinz Walz, LemnaTec, Photon Systems Instruments and Qubit Systems

DUBLIN, Aug 23, 2018 /PRNewswire/ -- The "Plant Phenotyping Equipment Market Size, Share & Trends Analysis Report By Equipment, By End Use (Greenhouse, Field, Laboratory), By Application, By Region, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's...

Study Examines the True Cause of Low Mobile Conversion Rates

Analysis of more than 1.2 billion customer transaction shows product discovery is more important than price to mobile shoppers.

Global A/B Testing Software Market 2018 Industry Analysis, Size, Share, Growth, Trends, Segmentation and Forecast till 2025

WiseGuyReports.com adds “A/B Testing Software Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025”reports to its database. Posted via Industry Today. Follow us on Twitter @IndustryToday
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Qubit Blogs

How to Drive that All-Important 2nd Beauty Purchase

In the beauty industry, getting a customer to make their 1st purchase with your brand is hard and costly enough, but the 2nd purchase is even harder and more important. 85% of purchases in Beauty are ‘one-and-done,’ and you’ll never see that visitor again. At a time when brand loyalty is in decline,…

Abandonment in Beauty and Layering Techniques For Better Outcomes

It’s a problem in every ecommerce industry—abandoned carts. In 2020, the average online conversion rate is a stingy 2.9%. This means that less than 3 in 100 visitors to a site actually buy something, and the average cart abandonment rate is a whopping 70%. The news isn’t any cheerier for the beauty …

Guiding Customers with Beauty Quizzes

Personalization in the online beauty industry typically lagged behind other markets such as fashion and apparel because it was heavily reliant on an in-store experience. Beauty buyers preferred to be in-person for trying on products and getting advice from beauty consultants as they shopped. But thi…

Product recommendations: When to use rules and when to let the algorithm run?

Deep learning product recommendations provide the most relevant product selection to each customer using real-time customer data to predict what every customer wants next. But ecommerce teams can’t always let the algorithm run wild, completely unrestricted. Flexible business controls or ‘recommendat…

Wag the tail: Getting the most out of your product catalog

Online recommendation technology has been progressively improving since its implementation over 20 years ago. Initially, global popularity algorithms were used to generate recommendations, but only to moderate success. Then came collaborative filtering techniques, which uses a complex stream of hist…

5 ecommerce personalization insights for 2021

Your homepage is relevant to only 16% of visitors. Find out more with 5 ecommerce personalization insights for 2021.
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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, Boxever and Emplifi.

  • 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.