Investors

by Freddy Aursø

The most valuable commodity I know is information.

Why invest in robots?

The global artificial intelligence (AI) market was pegged at $4.06 billion in 2016 and is projected to reach $169.41 billion by 2025, registering a CAGR of 55.6% from 2016 to 2025.
According to a recent PWC report , The UK’s GDP will be up to 10,3% higher in 2030 as a result of Artificial Intelligence – the equivalent of an additional GBP 232bn!
  

AI driven RPA in Digital Marketing

Worldwide the AI market will reach $169,41 billion by the end of 2025. This growth is mainly propelled by increased investments in AI revolutionizing how we do business.

Digital ad spending worldwide will rise to $517.51 billion in 2023, according to eMarketer’s latest report. Digital now accounts for more than 50% of total Ad investments, thanks to rising global e-commerce spending and shifting viewership from traditional TV to digital channels.

We build robots

Apple may have Siri and Amazon have their Kiva robots, but we have Kate (K8)!

All corporations are currently experiencing a major paradigm shift; technology, timing and automation play an increasingly more important role in customer acquisition. Our AI powered Kate (K8) robot development is supported by the Research Council of Norway and developed together with some of the worlds leading companies and industry experts.

Why we invest in data 

People are continually creating more and more data every single day. In fact, as stated by IBM, 90% of all data has been created in the last two years alone. As a test and proven data first company, Lighthouse8 is able to continue to be a market leader in the big data in the big data analytics market which is set to rise to $103 billion by 2023 (Tech Jury).
 
The IDC have found that 85% of enterprise decison-makers say they have a timeframe of two years to make significant inroads into digital transformation or they will fall behind their competitors and suffer financially. The foundation of digital transformation starts with data.
 

The opportunity

Smart Company 50 Logo

Finalist for the SmartCompany Smart50 awards for Fastest Growing Company and Top Digital Innovator.

Since our launch in 2013, we have experienced +75% year-on-year annual revenue growth. An increasing proportion of this revenue is moving towards technology and license fees. Together with Sparebank 1 Corporate Finance, the company successfully finalised a seed funding in Q217. This allowed the company to further expand its geographical footprint in the APAC markets as well as continued development of the K8 robot technology. The development of the K8- AI technology is currently co-funded by the Norwegian government’s technology fund, Innovation Norway. The company was named in the top 1% of growth companies in 2019 in the Norwegian Gazelle Awards.

Series A, 2020

The company is currently in searching for financial investors for its Series A capital raise to support further international expansion and technology development.

The IDC have found that 85% of enterprise decision-makers say they have a timeframe of two years to make significant inroads into digital transformation or they will fall behind their competitors and suffer financially.

‘One Hundred Years Ago Electricity transformed countless industries; 20 Years ago the internet did too. Artificial Intelligence is about to do the same.
hyperlocalised targeting
Andrew Lang
Former Democratic Presidential Candidate​