QuoteHub raises £250K to build AI sales engine for electrical wholesalers
What's the deal? Gloucester-based QuoteHubDealroom has a profile for this one. Try Dealroom → has secured £250,000 from the British Business Bank's South West Investment Fund to develop AI-powered sales technology for the electrical wholesale sector. The funding was delivered through The FSE GroupDealroom has a profile for this one. Try Dealroom →.
What's the endgame? The money will support the rollout of George AI, a sales engine designed to automate product selection, quote building, and upselling for wholesalers and manufacturers. QuoteHub's existing platform helps electricians source materials through a digital procurement system with real-time pricing.
What's next? QuoteHub plans to hire AI engineers and open a development hub in Bristol, expanding its team as it builds out the technology.
The signal: The round reflects regional backing for AI applied to niche trade sectors, where procurement remains manual and time-consuming. By automating quoting and upselling, QuoteHub is betting that wholesalers will pay to cut friction from everyday transactions.
Read more: thebusinessdesk.com
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