ChatBlu Secures $500,000 Funding for AI Inventory Management Solution
London, UK – August 29, 2025 – ChatBlu, an innovative AI startup founded by young entrepreneurs Kristian Lukauskis and Alexander Dillon, has raised $500,000 in pre-seed funding to develop the first autonomous inventory management agent for e-commerce. Led by Matador Ventures Capital, the funding includes support from prominent angel investors linked to Google and Amazon Web Services.
Founded in April 2025, ChatBlu addresses critical challenges faced by online retailers, such as syncing stock levels and managing listings across platforms like Shopify and Amazon. The AI solution aims to automate these tasks, potentially increasing conversion rates by 20% and significantly reducing operational costs.
Graduating from Genoa Entrepreneurship School, the team, including CTO Sairam Vangapally, boasts experience from industry giants like Amazon and Apple. ChatBlu plans to launch its product in September 2025, initially targeting Anglo-Saxon markets with future expansion into Hispanic regions. Discover more at ChatBlu’s website.
