The brand analytics platform GobbleCube has secured $1.9 million in its seed funding round, spearheaded by Kae Capital. CRV and prominent angel investors also participated in this funding round.
With this infusion of capital, GobbleCube intends to concentrate on its go-to-market (GTM) strategy, initially targeting markets in India, Southeast Asia (SEA), and the United States. The funding will also be allocated towards enhancing the company’s product engineering capabilities.
Founded by Manas Gupta, Srikumar Nair, and Nitesh Jindal, GobbleCube specializes in automating data and decision-making processes throughout the e-commerce value chain. Its goal is to increase share of voice (SOV), reduce out-of-stock (OOS) occurrences, and prevent revenue losses. The platform leverages AI and automation to streamline various facets of data-driven decision-making, encompassing data assimilation, modeling, and triangulation, thereby providing actionable insights to brands.
GobbleCube is already operational with multiple mid to large global brands, demonstrating its viability and value proposition.
Kae Capital, the lead investor, recently closed its Winners Fund II at $50 million in September of the previous year. The firm has a track record of early-stage investments in prominent companies like Tata 1mg, HealthKart, Nazara, Porter, and Zetwerk, among others.
