What is Rubikloud?
Founded in 2013 and headquartered in Canada, Rubikloud operates at the intersection of artificial intelligence and retail technology. The company has developed sophisticated cloud-native, machine learning platforms designed to optimize retail operations. Its focus on leveraging AI for the retail industry positions it as a key player in a market increasingly driven by data analytics and predictive capabilities. The company's growth and funding history suggest a strong market demand for its innovative solutions.
How much funding has Rubikloud raised?
Rubikloud has raised a total of $45M across 3 funding rounds:
Angel/Seed
$1M
Series A
$7M
Series B
$37M
Angel/Seed (2013): $1M with participation from Horizons Ventures
Series A (2015): $7M led by TOM Group Limited, Ule, and Access Industries
Series B (2018): $37M supported by Inovia, Access Industries, Horizons Ventures, Intel Capital, and OTEAF
Key Investors in Rubikloud
TOM Group Limited
TOM Group Limited is a Hong Kong-listed technology and media conglomerate with operations in E-Commerce, Social Network, and Mobile Internet, alongside investments in Fintech and Advanced Data Analytics. Their involvement suggests a strategic interest in Rubikloud's data analytics capabilities within the retail sector.
Inovia
iNovia Capital is a venture firm that partners with founders to build global technology companies. Their investment in Rubikloud points to a belief in the company's potential for significant growth and market leadership in the AI and retail tech space.
Access Industries
Access Industries is a diversified industrial conglomerate making strategic global investments, with a focus on media and telecommunications, natural resources, and technology. Their participation indicates a long-term strategic alignment with Rubikloud's market position and growth potential.
What's next for Rubikloud?
The substantial enterprise-level capital infusion, highlighted by a major strategic investment, indicates Rubikloud is poised for significant scaling and market expansion. This backing will likely fuel further development of its AI-driven retail platforms, enhance its go-to-market strategies, and potentially support international growth initiatives. The company's continued access to strategic financing suggests investor confidence in its business model and its potential to disrupt the retail technology landscape.
See full Rubikloud company page
