Gravity R&D

Hungary
Budapest, Budapest, Hungary, 1113

Company profile

Gravity R&D company profile

Gravity R&D is a fast-growing company that helps customers with its state-of-the-art recommendation solutions. These solutions enable Gravity's customers to increase revenues by providing personalized recommendations to their current user base. Their goal at Gravity is to determine the best relationship between personal taste and other user group preferences through sophisticated mathematical algorithms, taking customers beyond the obvious to new discoveries. This results in additional sales and increased user satisfaction. The high quality recommendations Gravity solutions make are proven to generate additional revenues for their clients. Gravity was founded in 2007 as a spinoff of Team Ensemble from Budapest University of Technology and Economics, which achieved the highest overall score (and ranked 2nd) in the Netflix Prize Competition, the most important competition for recommendation engines.

Business identity

Contact email
[email protected]
Phone number
+3617995620
Operating status
Closed
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2009-11-01, Month

Headquarters

Postal code
1113
Country code
HU
Continent
Europe

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
4
Total equity funding
$2.4M
Last funding
Series A / 2018-10-01
Last equity funding
Series A
Investors
3
Lead investors
1
Founders
4
Articles
9
Exited on
2022-05-26

Founders and investors

Founders

Bottyán NémethDomonkos TikkGábor TakácsIstván Pilászy

Lead investors

Portfolion Capital Partners

Investors

O3 PartnersOXO Labs Ltd.Portfolion Capital Partners