Financials

Estimates*

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Revenues, earnings & profits over time
EUR20162017201820192020
Revenues1.1m2.0m3.6m2.9m1.7m
% growth-79 %76 %(19 %)(42 %)
EBITDA-(1.5m)-(<1m)(<1m)
% EBITDA margin-(73 %)-(15 %)(20 %)
Profit(1.2m)(1.8m)(2.3m)(<1m)(<1m)
% profit margin(106 %)(86 %)(63 %)(18 %)(44 %)
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DateInvestorsAmountRound
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N/A

-
*

$1.2m

Seed

€50.0k

Grant
*

€7.3m

Early VC

€1.8m

Grant
*

N/A

Acquisition
Total Funding$11.2m

Recent News about Octoly

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More about Octolyinfo icon
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Octoly is a dynamic startup that operates in the influencer marketing space, providing a platform where brands and influencers can connect and collaborate. The company primarily serves two types of clients: brands looking to promote their products and influencers seeking to monetize their content and grow their audience. Octoly operates in the digital marketing and social media sectors, which are rapidly growing markets driven by the increasing importance of online presence and user-generated content.

The business model of Octoly revolves around facilitating partnerships between brands and influencers. Brands list their products on Octoly's platform, and influencers can choose products they are interested in reviewing. In return, influencers create content featuring these products, which they share with their followers on social media platforms like YouTube and Instagram. This model helps brands gain authentic exposure and reach a wider audience through trusted voices, while influencers receive free products and potential monetary compensation.

Octoly makes money by charging brands for access to its platform and services. Brands pay a fee to list their products and to use Octoly's tools for managing and analyzing their influencer marketing campaigns. Additionally, Octoly may take a commission on successful collaborations, ensuring a steady revenue stream from both subscription fees and performance-based earnings.

In summary, Octoly is a key player in the influencer marketing industry, bridging the gap between brands and influencers to create mutually beneficial partnerships. The company leverages the power of social media and user-generated content to help brands increase their visibility and sales, while providing influencers with opportunities to grow their audience and income.

Keywords: influencer marketing, social media, brands, influencers, digital marketing, user-generated content, YouTube, Instagram, partnerships, monetization.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.