# Bandit ML

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bandit-ml

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.banditml.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Sep 18, 2020)
- Investors on record: 8

## About

Bandit ML, Inc. specializes in providing advanced machine learning solutions designed to optimize business operations and enhance decision-making processes through AI-driven tools for various industries.Founded in 2019 and headquartered in San Francisco, US, Bandit ML, Inc. focuses on delivering machine learning solutions. The company raised USD 1.32 million in Seed funding on September 18, 2020, with participation from investors such as Alumni Ventures Group and Y Combinator.BanditML.com specializes in providing advanced machine learning solutions tailored for businesses seeking to optimize operations and enhance decision-making processes. Their core offerings include a suite of AI-driven tools designed to analyze data patterns, predict outcomes, and automate various business functions. These services target industries such as finance, healthcare, and retail, where data-driven insights are crucial for improving efficiencies and driving revenue growth. By leveraging their technology, clients can streamline processes like customer segmentation, risk assessment, and inventory management, addressing specific use cases that demand precision and speed. The company's products have been deployed across North America and Europe, serving a diverse clientele that includes both established corporations and emerging startups.Revenue for BanditML.com is generated through a subscription-based model, allowing businesses to access their suite of machine learning tools on a recurring basis. Clients enter into agreements that provide tiered access to various product features and levels of support, with pricing structured to align with the scale of the organization’s needs. Transactions are primarily B2B, with companies purchasing licenses for multiple users or departments, thus creating a streamlined path for integration into existing workflows. This model enhances customer retention and fosters long-term partnerships, incentivizing businesses to continuously utilize and upgrade their services. Additionally, BanditML.com may offer customized consulting services and training programs, further diversifying their revenue streams while ensuring clients achieve maximum value from their product offerings.In September 2020, Bandit ML, Inc. raised USD 1.32 million in Seed funding from new investors including Alumni Ventures Group and AVG Basecamp Fund, which will be utilized to support the development of new machine learning products. The company aims to expand its offerings into additional markets and regions, particularly targeting sectors in North America and Europe over the next two years. Recent funding will enable enhanced product features and facilitate entry into these new geographic areas.

## Funding rounds

- Seed, Sep 18, 2020, $1.3M — Y Combinator, Webb Investment Network, Alumni Ventures Group, Haystack, Liquid 2 Ventures, Pathbreaker Ventures, Repeat VC, AVG Basecamp Fund

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Webb Investment Network (https://capitalatlas.ai/funds/webb-investment-network) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Haystack (https://capitalatlas.ai/funds/haystack) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- Pathbreaker Ventures (https://capitalatlas.ai/funds/pathbreaker-ventures) — Seed
- Repeat VC (https://capitalatlas.ai/funds/repeat-vc) — Seed
- AVG Basecamp Fund — Seed