Nibble Technology
Founded Year
2020Stage
Seed VC | AliveTotal Raised
$3.3MLast Raised
$3.3M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-219 points in the past 30 days
About Nibble Technology
Nibble Technology is a company focused on providing artificial intelligence solutions in the ecommerce 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 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.
Mar 14, 2023 report
Retail Tech 100: The most promising retail tech startups of 2023Expert 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 1 Expert Collection, including Retail Tech 100.
Retail Tech 100
100 items
The most promising B2B tech startups transforming the retail industry.
Latest Nibble Technology News
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.
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 ON Platform and 6 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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Compare Nibble Technology to Competitors
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