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bitREC logo — company profile

bitREC

Founded 2012 Lithuania Lithuania 11-50 employees Analytics, B2B +6

General Information

Company Name bitREC
Founded Year 2012
Location Lithuania Lithuania
Employees 11-50
Industries Analytics, B2B, Creator Economy +5
Social

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About bitREC

bitREC is a Lithuania-based startup founded in 2012. The company specializes in providing cost-effective personalization solutions for media and e-commerce businesses. bitREC offers a recommendation engine and price optimization tools, aimed at increasing revenue and conversion rates for e-commerce businesses. For media companies, the recommendation engine is designed to customize content accessibility for audiences. The startup operates within the Analytics, B2B, E-Commerce, Enterprise Software, Information Technology, and SaaS industries. Despite not being the largest player in the market, bitREC emphasizes a personalized approach, affirming "we are not the biggest, therefore we care more." Currently, there is no publicly disclosed information about the last investment in the company or the investors associated with it. With its focus on personalization solutions for businesses operating in media and e-commerce sectors, bitREC presents an interesting investment opportunity for venture capitalists looking to tap into the growing demand for tailored consumer experiences in these industries.

Business keywords: personalization solutions, recommendation engine, price optimization, revenue generation, media, ecommerce, Machine Learning algorithms, retail technology, content personalization, consumer behavior, R&D, technology development, startup

No funding data available for bitREC yet.

bitREC Alternatives & Competitors

bitREC vs
Constructor
Constructor United States

Ecommerce product search and discovery that increases revenue, conversions, and profit.

Series B
1344 employees
AI, Internet
bitREC vs
Unbxd Inc., A Netcore Company
Unbxd Inc., A Netcore Company United States

Unbxd is an AI-powered product discovery and experience solution for ecommerce platforms.

Venture round
220 employees
AI, Big Data
bitREC vs
ISY - Intelligent Retailing
ISY - Intelligent Retailing India

Transforming customer experience using AI

Venture round
2-10 employees
E-Commerce, Fashion

FAQ About bitREC

bitREC creates cost effective personalization solutions for media and ecommerce businesses. We are not the biggest therefore we care more. For ecommerce: We offer recommendation engine as well as price optimization tool that increase your revenue and conversion rate by helping your customers di...
bitREC was founded in 2012.
bitREC is headquartered in Lithuania.
bitREC operates in Analytics, B2B, Creator Economy, E-Commerce, Enterprise Software, Information Technology, SaaS and Machine Learning. Its work centres on personalization solutions, recommendation engine, price optimization and revenue generation.
bitREC has approximately 11-50 employees.
Top alternatives and competitors to bitREC include Constructor, Unbxd Inc., A Netcore Company, ISY - Intelligent Retailing, Blend, Crossing Minds. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
bitREC and Constructor are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for bitREC, https://bouncewatch.com/company/bitrec, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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