ChatBlu Raises $500K to Launch First Autonomous AI Inventory Agent for E-Commerce  

Source Eqs


EQS Newswire / 29/08/2025 / 17:16 UTC+8

London, UK - August 29, 2025 - (SeaPRwire) - ChatBlu, an artificial intelligence company founded by two of Europe’s youngest funded entrepreneurs, has secured $500,000 in pre-seed funding to build and launch the world’s first autonomous inventory management agent for e-commerce. The round was led by Matador Ventures Capital, known for investing in Y Combinator-backed startups, with support from angel investors affiliated with Google and Amazon Web Services.

fncls.ssp?fn=download2_file&code_str=bd8525740ac09f893d585f8d900a77f2

Founded in April 2025 by Kristian Lukauskis and Alexander Dillon, both aged 20, ChatBlu aims to eliminate one of online retail’s most persistent operational problems: real-time, multi-platform inventory management. Online sellers typically struggle to sync stock levels, apply price updates, and manage listings across platforms like Shopify, Amazon, and Etsy. ChatBlu’s AI agent automates these tasks in the background, allowing users to issue plain-language commands while the system handles execution across all connected storefronts.

According to industry data, inventory inefficiencies cost retailers $1.8 trillion each year. By automating these backend tasks, ChatBlu aims to help store owners boost conversion rates by up to 20 percent while significantly reducing time and labor costs.

The company is a graduate of the 2024–2025 cohort of the Genoa Entrepreneurship School, a European accelerator with a 75 % funding success rate. Backed by industry leaders like Douglas Leone, Partner at Sequoia Capital, who serve as mentors to students, Genoa helps founders secure capital without stepping away from their education. CTO Sairam Vangapally, a former Amazon and Shutterfly data engineer, leads the company’s technical build. The broader team includes professionals with experience at Apple, Meta, Adidas, and Xbox.

ChatBlu is preparing for a product launch in September 2025, beginning with Anglo-Saxon markets and targeting expansion to Hispanic regions within the following year.

To explore the technology behind ChatBlu and its upcoming rollout, visit https://chatblu-ai.com.

About ChatBlu

ChatBlu is an artificial intelligence company building the first autonomous AI agent for multi-platform inventory management. Founded by Kristian Lukauskis, Alexander Dillon, and Sairam Vangapally, ChatBlu has received $500,000 in funding to automate backend retail operations for digital merchants.

The startup is backed by Genoa Entrepreneurship School and Matador Ventures Capital, which has several Y-Combinator startups in its portfolio. Its founding team brings experience from companies including Amazon, Apple, Meta, and Adidas. The company's vision is to eliminate manual inventory processes through intelligent automation.

Media Contact

Company: ChatBlu

Contact: Kristian Lukauskis, CEO

Email: k.lukauskis@chatblu-ai.com

Website: https://chatblu-ai.com/

29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.
The issuer is solely responsible for the content of this announcement.

Media archive at www.todayir.com

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Slides to $111K Ahead of PCE Inflation Data, Faces Monthly DeclineBitcoin experienced volatile trading on Friday, sliding close to $111,000 as investors awaited critical U.S.
Author  Mitrade
Aug 29, Fri
Bitcoin experienced volatile trading on Friday, sliding close to $111,000 as investors awaited critical U.S.
placeholder
Oil Prices Maintain Gains Amid Geopolitical Risks and Fed Rate Cut SpeculationOil prices held largely steady in Asian trading on Monday following notable weekly gains, supported by diminishing expectations of an immediate ceasefire in the Russia-Ukraine conflict and dovish cues from the U.S.
Author  Mitrade
Aug 27, Wed
Oil prices held largely steady in Asian trading on Monday following notable weekly gains, supported by diminishing expectations of an immediate ceasefire in the Russia-Ukraine conflict and dovish cues from the U.S.
placeholder
Markets Today: Nvidia Earnings, Indian Tariffs, French Political Risk in FocusU.S. stock futures edged higher Wednesday as investors awaited Nvidia’s closely watched earnings, while fresh U.S. tariffs on Indian imports and renewed political turmoil in France weighed on global sentiment.
Author  Mitrade
Aug 27, Wed
U.S. stock futures edged higher Wednesday as investors awaited Nvidia’s closely watched earnings, while fresh U.S. tariffs on Indian imports and renewed political turmoil in France weighed on global sentiment.
placeholder
Crypto Market Update: Bitcoin Rebounds Amid Fed Turmoil, Altcoins GainBitcoin edged higher Wednesday to $111,272 after hitting a seven-week low below $109,000, pressured by a major whale trade that liquidated 24,000 tokens. The cryptocurrency has now dropped more than 10% from its August peak above $124,000, as risk sentiment remains muted amid concerns over Federal Reserve independence.
Author  Mitrade
Aug 27, Wed
Bitcoin edged higher Wednesday to $111,272 after hitting a seven-week low below $109,000, pressured by a major whale trade that liquidated 24,000 tokens. The cryptocurrency has now dropped more than 10% from its August peak above $124,000, as risk sentiment remains muted amid concerns over Federal Reserve independence.
placeholder
Oil Prices Steady Ahead of U.S. Tariffs Impact on IndiaOil prices remained mostly unchanged on Wednesday following a sharp decline in the previous session, as markets awaited the imposition of hefty U.S. tariffs on India, the world’s third-largest crude importer.
Author  Mitrade
Aug 27, Wed
Oil prices remained mostly unchanged on Wednesday following a sharp decline in the previous session, as markets awaited the imposition of hefty U.S. tariffs on India, the world’s third-largest crude importer.
goTop
quote