# Ubuntoo

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

- Industry: Internet
- Headquarters: Atlanta, US
- Website: www.ubuntoo.com
- Total disclosed funding: $3.3M
- Latest round: Seed (Jul 6, 2021)
- Investors on record: 1

## About

Ubuntoo, Inc. develops AI-enabled services that leverage collective intelligence to tackle global sustainability challenges, providing innovative solutions for various industries.Founded in 2018 in Atlanta, US, Ubuntoo, Inc. specializes in sustainability solutions. The company was established by Peter Schelstraete and Venkatesh Kini. In July 2021, Ubuntoo raised USD 3.3 mn in a Seed round led by Volta Ventures, marking its second deal.Ubuntoo specializes in providing AI-enabled services that leverage collective intelligence to address significant global sustainability challenges. Their primary offerings include a platform that aggregates insights from over one billion data sources, encompassing companies, technologies, intellectual property filings, academic articles, and blogs. This platform empowers organizations to enhance their knowledge base, facilitate seamless collaboration, and implement best practices by enabling users to upload their own insights and customize the AI interface for specific needs. The company serves a diverse client base, including corporations, institutions, and innovators across various industries, such as agriculture, packaging, and environmental sustainability. Geographically, Ubuntoo’s products and services are utilized in markets across North America, Europe, and Asia, addressing sustainability solutions in sectors like food production, plastic waste management, and sustainable packaging.Ubuntoo generates revenue primarily through a subscription-based model, offering access to its AI-powered platform and consulting services tailored to specific client needs. This model allows companies to collaborate with sustainability entrepreneurs and experts, fostering innovation and solution development at a reduced cost and accelerated pace. The typical structure of transactions includes annual or multi-year subscriptions that grant clients access to the platform's extensive resources and tools. In addition to subscription fees, Ubuntoo may engage in partnerships with corporations for customized projects, ensuring bespoke solutions that align with clients' sustainability goals. Notable services linked to revenue generation include the provision of specialized insights and consultancy in sustainable practices across multiple sectors.In July 2021, Ubuntoo, Inc. raised USD 3.3 mn in a Seed round led by Volta Ventures. The funding will be utilized to open its European offices in Amsterdam, allowing the company to expand its presence in the European market. Future developments include the design and launch of new products aimed at enhancing their platform's capabilities, although specific release dates have not been disclosed. This strategic move aligns with Ubuntoo's commitment to tackle sustainability challenges more effectively across new geographic regions.

## Funding rounds

- Seed, Jul 6, 2021, $3.3M — Volta Ventures

## Investors

- Volta Ventures (https://capitalatlas.ai/funds/volta-ventures) — Seed