# Bloomsbury AI

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

- Industry: Software
- Headquarters: London, UK
- Website: www.bloomsbury.ai
- Total disclosed funding: $1.7M
- Latest round: Seed (Apr 5, 2017)
- Investors on record: 6

## About

Bloomsbury AI Ltd is a UK-based company specializing in artificial intelligence, focusing on natural language processing to enhance data accessibility for various industries through its innovative platform, Cape.Founded in 2015 in London, UK, Bloomsbury AI Ltd develops advanced AI solutions, primarily through its Cape platform. The company has engaged in three significant funding deals, with the latest being an Add-on Trade Sale of USD 23.00 mn led by Meta on July 2, 2018. The total amount raised by the company is USD 1.36 mn.Bloomsbury AI's core product offering centers around Cape, an advanced artificial intelligence platform designed to facilitate natural language processing and enhance data accessibility. Released to the public as an open-source tool, Cape aims to democratize AI technology, empowering developers and organizations to integrate sophisticated AI capabilities into their applications. The platform addresses specific use cases such as text analysis, automated content generation, and intelligent data extraction, catering to a diverse clientele that includes tech startups, research institutions, and enterprises across various industries. Bloomsbury AI's products target global markets, particularly in North America and Europe, where there is a significant demand for innovative AI solutions that streamline workflows and improve operational efficiencies.Bloomsbury AI's revenue model primarily revolves around subscription-based access to its proprietary technologies and support services. Clients typically engage with the company through annual or monthly subscription plans, which provide access to the Cape platform along with ongoing technical support and updates. This structure allows organizations to tailor their engagement based on specific needs, with pricing tiers reflecting varying levels of service and features. Partnerships with enterprises and educational institutions further enhance Bloomsbury AI's revenue stream, as these collaborations often involve customized solutions and integrations that extend the platform's capabilities. Overall, the revenue generation strategy is designed to foster long-term relationships with clients while promoting the widespread adoption of AI-driven solutions.Bloomsbury AI plans to leverage its recent funding from the Trade Sale to support the continued development of its Cape platform and explore new product features aimed at enhancing user experience. The company is also looking to expand its footprint in North America and Europe by increasing marketing efforts and establishing strategic partnerships by the end of 2023. The funding will be utilized to recruit additional talent to expedite product development and enhance customer support capabilities.

## Funding rounds

- Seed, Apr 5, 2017, $1.7M — Albion Capital, Seedcamp, IQ Capital, Funding London, Entrepreneur First, Fly Ventures
- Seed, Sep 8, 2016, $0M — Entrepreneur First

## Investors

- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- Albion Capital — Seed
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- IQ Capital (https://capitalatlas.ai/funds/iq-capital) — Seed
- Funding London — Seed
- Fly Ventures (https://capitalatlas.ai/funds/fly-ventures) — Seed