Streetbees Series-B

This is the Streetbees pitch deck to raise a $40m series-b round in YEAR.

About

Streetbees develops a human intelligence platform that uses Artificial Intelligence and geolocation technology collects and analyzes offline consumer behavior.

By analyzing real-life moments collected from its own global community, the chat-style app is used to share moments from their daily lives via videos, photos, and text. Through applying advanced natural language processing technology to the results, Streetbees uncovers not just what they do, but also why they do it, and what drives them – and predicts what they may do next. The company partners with brands across the consumer goods, media and entertainment, retail, and insurance sectors.

In 2015, Oliver May and Tugce Bulut established the company in London, England.

Streetbees, a startup aiming to disrupt market research, has raised £30 million ($40 million) in a Series B funding round.

The UK startup has some 3.5 million users in 190 countries who submit real-life moments to a chat-style app which are subsequently categorized, analyzed, and then distilled by what the company describes as its deep learning AI technology.

The startup, founded in 2015, says it counts Pepsi and Unilever among its clients and pegs the global market at $300 billion. Streetbees claims that, much like Google indexing the internet, much work is still needed to do the same with offline life.

“80% of life is offline so our platform captures real life as it happens at a massive scale,” Tugce Bulut, CEO and co-founder of Streetbees, told Business Insider in an interview. “We weren’t planning to raise this year but needed capital to accelerate our hiring and growth, investors said to us ‘Why are you waiting?’ so we raised the funding.”

The company began fundraising in June and closed earlier in October with the entire process taking place over video calls.

“In a way, we were using our time more efficiently than flying everywhere,” Bulut said. “We are enacting our 2021 plan early and that means rolling out new markets including financial services and the media and entertainment space.”

The core of the company’s proposition remains the same despite the coronavirus pandemic.

Streetbees already works with food and drink companies to help make predictions about consumer behaviour and interests.

Funding Rounds

Pitch Deck Review Summary

Slide by Slide Review

Deck Collection

See the rest of the collection here:

BACK TO THE DECK COLLECTION