Company and Competitor Profile: EthicalWeb.Ai (OTCQB: BBLR)

Company Profile: EthicalWeb.Ai (OTCQB: BBLR)

Overview

EthicalWeb.Ai, initially established as Bubblr Limited in the UK in 2014, underwent a reverse takeover of the US Shell company UWRL to become Bubblr, Inc. The company rebranded to EthicalWeb.Ai in 2023 to reflect its core mission of addressing digital inequalities and advancing an ethical approach to the web.

EthicalWeb.Ai specializes in AI-based technologies that prioritize user privacy, combat misinformation, and work towards a more equitable digital economy. Their mission is to bring privacy back to users, trust to content, and sustainability to the digital marketplace. The firm promotes an open-source platform for developing super apps, decentralizing profits, and data collection, and offers AI-powered solutions like AI Seek.

Key Details

• Founding and Rebranding: Founded as Bubblr Limited in 2014; rebranded to EthicalWeb.Ai in 2023.

• Stock Listing: Listed as OTQB: BBLR.

• Mission: Focus on user privacy, content trust, and digital marketplace sustainability.

• Technology: AI-powered tools and services, open-source platform for super-apps, and unique patents.

Leadership Team

• Timothy Burks, Chief Executive Officer (CEO): Former senior leader at PSINet and ANS Communications.

• Steve Morris, Chief Technology Officer (CTO) and Founder: Serial technology innovator with roles at HSBC Bank, Elf Oil, Amerada Hess, and Sky Broadcasting.

• David Chetwood, Chief Financial Officer (CFO): Over 12 years of experience at Westmont Industries Group, joined in February 2023.

• Virginia Mackin, Vice President of Accounting & Finance: Former Head of Finance at The Law Society of Scotland with notable positions at Edrington.

• Cecil Peters, Senior Advisor: Executive Director and Head of Advancing Black Pathways at JP Morgan, advocate for diversity, equity, and inclusion (DEI).

Recent Developments

• Product Launch: EthicalWeb.Ai launched its Ethical Web platform and AI Seek 4.0 with real-time data capabilities.

• Patents: Holds valuable disruptive patents in five territories to combat online economic inequalities.

• Financial Health: As of January 2024, the balance sheet significantly improved, with senior officers waiving certain benefits. Steve Morris converted approximately $821,400 of his investments into the company's equity.

• Revenue: Trailing twelve-month revenue of $5.29K, indicating early-stage monetization efforts.

Investments and Financials

• Initial Fundraising: Started in 2018, raising over $500K, with an additional $2M raised in 2019. EthicalWeb.Ai now has over 693 shareholders.

• Recent Funding: Actively seeking necessary financing to support ongoing development, including competitive initiatives in AI Governance.

Social Media

• [LinkedIn](https://linkedin.com/company/ethicalwebai)

• [Twitter](https://twitter.com/ethicalwebai)

Competitor Profile

Patronus AI

Patronus AI is an automated evaluation and security platform specializing in assessing and safeguarding the use of large language models (LLMs).

Key Details:

• Core Product: Automated evaluation and security platform for LLMs.

• Funding: $23.1 million over 2 rounds, a $17 million Series A in May 2024, led by Notable Capital.

• Mission: Empower safe and confident AI use.

• Key Features: Multilingual AI evaluation and scoring for LLMs.

• Location: New York.

Polymer

Polymer is an AI-based business intelligence platform designed to simplify data exploration and analysis.

Key Details:

• Core Product: Search and discovery engine for internal business information, allowing dashboard creation and data visualization.

• Mission: Make data tools accessible and simplify business intelligence for non-technical teams.

• Funding and Size:

• Total funding: $7 million.

• Employee count: Approximately 145 (as of August 2024).

• Key Features: No-code platform for developing actionable insights from raw data.

• Notable Investors: Vlad Tenev (Co-Founder of Robinhood) and Phil Neches (Founder of Teradata).

Tracecat

Tracecat offers an open-source platform for automating security alerts and operations, targeting efficient, engineering-friendly SecOps workflows.

Key Details:

• Core Product: Open-source platform for orchestrating security alerts and building AI-assisted workflows.

• Funding: $500,000 in pre-seed funding.

• Founders: Daryl Lim and Chris Lo.

• Mission: Provide an open-source alternative to premium security orchestration tools like Tines and Splunk SOAR.

• Location: San Francisco, CA.

• Employee count: 2 employees.

Vestorly

Vestorly, now part of FMG Suite, focuses on AI-driven content curation and management platforms.

Key Details:

• Core Product: Content Management Engine that curates and personalizes content for B2B marketing.

• Acquisition: Acquired by FMG Suite on July 27, 2023.

• Company Size: 11-50 employees.

• Founded: 2012.

• Key Features: AI-driven solutions for content discovery, compliance, and personalized user engagement.

• Location: New York.

EthicalWeb.AI Differentiators

• Open Source Innovation: EthicalWeb.Ai aims to launch the first open-source platform for 'Ethical Web Super Apps' by Q3 2024.

• Ethical Commitment: Focused on fixing inequality in the online economic model, promoting fairness, and maintaining user anonymity and safety.

• Unique Positioning: Unlike traditional business intelligence and security platforms, EthicalWeb.Ai emphasizes an ethical approach to technology, setting it apart from competitors focusing primarily on technological efficiency or business utility.