PiperLab
Business Data Science Differently. We help our clients to face business challenges through data.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 44 % | 22 % | (5 %) | 39 % | 10 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 7 % | 7 % | 2 % | 5 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 5 % | 7 % | 2 % | 3 % | 12 % | (3 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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PiperLab, founded in Madrid, Spain, in 2015 by Alejandro Llorente Pinto, operates as a provider of business data science, big data, and artificial intelligence solutions. The firm was established to assist companies in making data-driven decisions to tackle business challenges. PiperLab's core service involves creating algorithmic models from their clients' internal data, which is then enriched with external public and private data to provide context and refine the models.
The company serves a diverse client base that ranges from large corporations to startups across various sectors, including insurance, telecommunications, utilities, logistics, retail, tourism, energy, and digital media. Notable clients have included Seur, Rastreator, Real Madrid, and Campofrío. PiperLab's business model is centered on providing consulting services that guide clients through the entire data cycle, from analysis and management to generating actionable insights. This approach is designed to enhance operational efficiency, boost productivity, and lower costs for its customers.
A significant milestone in PiperLab's history was its acquisition by the global management consulting firm Bain & Company on March 14, 2024. This acquisition was a strategic move by Bain & Company to expand its artificial intelligence and machine learning capabilities in the EMEA (Europe, the Middle East, and Africa) region. Following the acquisition, PiperLab was integrated into Bain's global Advanced Analytics Group (AAG), establishing a new analytics and AI hub in Europe. This integration allows PiperLab to be part of a larger ecosystem of over 500 data scientists and machine learning engineers, aiming to deliver comprehensive business and technology solutions globally.
Keywords: data science consulting, big data solutions, artificial intelligence services, machine learning models, data-driven decisions, business intelligence, predictive analytics, data analysis, operational efficiency, cost reduction, customer intelligence, Bain & Company acquisition, EMEA AI hub, advanced analytics, data enrichment, algorithmic models, corporate data solutions, retail analytics, logistics optimization, insurance data science