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Founded Year

2020

Stage

Seed VC | Alive

Total Raised

$3.3M

Last Raised

$3.3M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-40 points in the past 30 days

About Nibble Technology

Nibble Technology focuses on providing artificial intelligence solutions in the e-commerce industry. The company offers a chatbot that allows customers to negotiate personalized prices on products, providing an alternative to traditional discounting methods. Nibble Technology primarily serves the ecommerce industry. It was founded in 2020 and is based in London, United Kingdom.

Headquarters Location

London, England,

United Kingdom

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Nibble Technology's Product Videos

Nibble Technology's Products & Differentiators

    Nibble AI negotiation chatbot

    Nibble enables online negotiations similar to those that happen in person. It uses a chatbot to offer shoppers personalized deals, boosting conversion rates and maintaining better margins. Nibble appears only when needed, preventing negative impacts on full-price sales and avoiding brand-damaging blanket markdowns. It can target VIP or trade customers for personalized pricing in B2B scenarios and provides a "make an offer" function similar to eBay in resale markets, offering a fully automated, low-cost, self-serve solution at scale.

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Research containing Nibble Technology

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Nibble Technology in 2 CB Insights research briefs, most recently on Jun 21, 2023.

Expert Collections containing Nibble Technology

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Nibble Technology is included in 2 Expert Collections, including Retail Tech 100.

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Retail Tech 100

100 items

The most promising B2B tech startups transforming the retail industry.

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NRF Big Show 2025: Exhibitors

959 items

Latest Nibble Technology News

Nibble Technology raises $3.3 million in a round backed by Venrex

Feb 10, 2023

Share: Nibble Technology , a London, UK-based software startup developing a an AI negotiation chatbot for ecommerce customer engagement raised $3.3 million in a seed funding round. The money was raised from investors led by London-based VC firm Venrex and will be used to expand the company’s operations and business reach. Nibble, founded in 2020 by Jamie Ettedgui and Rosie Bailey, developed a software tool used as a chatbot by eCommerce retailers, as it lets customers negotiate personalized prices on desired products or services. For the retailer, Nibble is an alternative to voucher codes while eengaging the customer in a fun way to get a great discount. The company says it was inspired by negotiation in a Turkish bazaar, with results in improved conversion by 50% for some of their clients. The tool works with Shopify stores or integrated with any others via a simple API that can be customised.

Nibble Technology Frequently Asked Questions (FAQ)

  • When was Nibble Technology founded?

    Nibble Technology was founded in 2020.

  • Where is Nibble Technology's headquarters?

    Nibble Technology's headquarters is located at London.

  • What is Nibble Technology's latest funding round?

    Nibble Technology's latest funding round is Seed VC.

  • How much did Nibble Technology raise?

    Nibble Technology raised a total of $3.3M.

  • Who are the investors of Nibble Technology?

    Investors of Nibble Technology include Venrex.

  • Who are Nibble Technology's competitors?

    Competitors of Nibble Technology include Bargn and 8 more.

  • What products does Nibble Technology offer?

    Nibble Technology's products include Nibble AI negotiation chatbot.

  • Who are Nibble Technology's customers?

    Customers of Nibble Technology include Resident Home, Baltic Networks, Capsuline, Bensons Beds and Group Amiel.

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Pactum specializes in artificial intelligence-driven autonomous negotiations within the business sector and focuses on creating value through automated supplier engagements. The company offers a suite of tools for commercial term negotiations, contract cost negotiations, and purchasing negotiations, all designed to facilitate large-scale, personalized negotiation processes between enterprises and their suppliers. Its solutions are primarily utilized in the business sector. The company was founded in 2019 and is based in Mountain View, California.

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