KwizzBit
KwizzBit: The Interactive Smartphone Pub Quiz.
| Date | Investors | Amount | Round |
|---|---|---|---|
£250k | Seed | ||
| Total Funding | 000k | ||
KwizzBit operates a cloud-based interactive quiz platform, originating from an idea to modernize the traditional pub quiz and eliminate cheating. Founded in Leeds, UK, by serial entrepreneur Mark Walsh in 2016, the company was born from his experience in the entertainment industry, notably after exiting a previous venture, Rock and Roll Bingo. Walsh, along with business partners John Sheard and Steve Saul, who provided expertise in quiz development and technology, launched the first commercial version in 2017. That same year, the company gained significant exposure by appearing on the BBC's Dragons' Den.
The business offers a versatile software-as-a-service (SaaS) platform that enables users to create, host, and participate in interactive quizzes via any smart device without needing to download an application. The platform is designed for a diverse client base, including pubs and bars seeking to increase sales, corporate clients like BAE Systems and Amazon for employee engagement and training, and charities for fundraising events. Initially focused on the hospitality sector, KwizzBit pivoted during the COVID-19 pandemic to cater to virtual events for businesses and families, leading to a surge in demand. Revenue is generated through monthly subscriptions and one-month plans, with different pricing tiers offering varying levels of features and player capacity.
The KwizzBit platform distinguishes itself with a number of features. It utilizes a speed-based scoring system to prevent cheating and maintains engagement. The system supports real-time scoring, live leaderboards, and can accommodate up to 100,000 players in a single game thanks to its serverless architecture. Hosts can build custom quizzes from scratch or use a database of over 30,000 questions. The platform also includes built-in live streaming capabilities and is compatible with third-party tools like Zoom and YouTube, catering to both in-person and virtual or hybrid events. Corporate clients have included notable names such as Nintendo, Guinness, and Liverpool FC.
Keywords: interactive quiz platform, virtual quizzing, pub quiz software, employee engagement tool, fundraising quiz, live trivia, online quiz builder, audience participation, corporate events, brand activation, lead generation, SaaS, virtual events, team building activities, hospitality entertainment, digital learning tool, interactive marketing, charity fundraising, live streaming quiz, smartphone quiz