# Blyng

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

- Industry: Internet
- Headquarters: London, UK
- Website: www.blyng.io
- Total disclosed funding: $0.7M
- Latest round: Seed (Oct 16, 2018)
- Investors on record: 3

## About

Blyng is an AI solutions provider specializing in tailored services for businesses across industries. The company leverages advanced technologies to enhance operational efficiency and improve user experiences through its innovative offerings.Founded in 2018, Blyng operates out of London, UK, offering customized AI solutions. The company successfully raised GBP 500 thousand in a SEED funding round in October 2018, led by Pi Labs, with additional contributions from Ascension Ventures and LiFE Ventures. The current CEO is Alexandre Boulenger.Blyng Labs specializes in providing advanced AI solutions tailored to business needs, including AI chatbots, predictive modeling, and bespoke AI models utilizing machine learning, deep neural networks, and natural language processing. Their AI chatbots offer 24/7 personalized support, while predictive modeling analyzes historical data for future forecasting. Blyng Labs serves clients primarily in the fintech, retail, and technology sectors across North America, Europe, and parts of Asia.Blyng Labs generates revenue through subscription services and partnerships with businesses seeking AI solutions. Their transactions involve customized implementations based on client assessments, primarily through B2B relationships. Clients access tailored AI models and ongoing support, with flagship products like AI chatbots and predictive modeling significantly contributing to revenue through long-term contracts.Blyng plans to use the recently raised GBP 500 thousand from the SEED funding round to support the development of new AI products and expand into additional markets. The company aims to launch new offerings by the end of 2019, targeting regions in Asia-Pacific and North America for its growth strategy.

## Funding rounds

- Seed, Oct 16, 2018, $0.7M — Pi Labs, Ascension, LiFE Ventures

## Investors

- Pi Labs (https://capitalatlas.ai/funds/pi-labs) — Seed
- Ascension (https://capitalatlas.ai/funds/ascension) — Seed
- LiFE Ventures — Seed