About Confect
Confect is a company based in Copenhagen (Denmark) founded in 2016. Confect has raised $332.49 thousand across 2 funding rounds. Confect offers products and services including Catalog Ads Designer and Video Ad Tool. Confect operates in a competitive market with competitors including Golden Opportunity, Perpetua Labs, Epinium, Kliken and Franchise.com, among others.
- Headquarter Copenhagen, Denmark
- Stage Minicorn
- SectorsMedia & Entertainment
- Email••••••••
- Website confect.io
- Social LinkedIn Facebook YouTube
- Legal Name Confect.Io Aps
- Total Equity Funding$332.49 K (USD)
in 2 rounds
- Latest Funding Round$100.77 K (USD), Seed
Jun 05, 2020
Products & Services of Confect
Confect offers a comprehensive portfolio of products and services, including Catalog Ads Designer and Video Ad Tool.
Platform for creating and optimizing Catalog Ads to improve e-commerce revenue.
Tool for generating Product Level Videos and Video Catalog Ads on social media.
Apps and channels of Confect
its YouTube channel Confect has 76 subscribers.
Funding Insights of Confect
Confect has successfully raised a total of $332.49K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100.77 thousand completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $332,489
- Total Rounds 2
- Last Round Seed — $100,774
- First Round $231,715
(15 Apr 2018)
All 2 funding rounds of Confect with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 05 Jun 2020 | $100,774 | Seed | $2.4M | – | – |
| 15 Apr 2018 | $231,715 | Seed | $1.7M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| 05 Jun 2020 | $2.4M | •••••••• |
| 15 Apr 2018 | $1.7M | •••••••• |
Last known valuation $2.4M (Jun 2020).
People of Confect
7 people are tracked at Confect (5 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Andreas Nielsen | Co-founder | Leadership |
Gints Gailis | Head Of Marketing | Leadership |
Mathias Jensen | Co-founder & CTO | Leadership |
Matus Malina | Head Of Customer Success | Leadership |
Nikolai Lindholm | Chief Commercial Officer (cco) | Leadership |
Rasmus Kragh-Sørensen | Software Developer | Team |
Ulv Foerlev | Software Developer | Team |
Complete people profiles for Confect
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Confect
4 dated milestones of Confect across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Confect is founded.
- Funding First funding round of $232K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $101K.
Competitors of Confect
Confect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Golden Opportunity, Perpetua Labs, Epinium, Kliken and Franchise.com, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xe.gr | 1993 | Athens, Greece | – | – | Product advertisement listing platform | |
| perpetua.io | 2015 | San Francisco, United States | – | – | AI-based marketing optimization software is provided for Amazon sellers. | |
| epinium.com | 2015 | Barcelona, Spain | $655,905 | – | Real-time product market research is facilitated by an AI platform. | |
| kliken.com | 2007 | Tampa, United States | $14.5M | 21 | Provider of marketing tools for online retailers | |
| franchise.com | 1995 | Portsmouth, United States | – | 12,555 | Cloud-based product listing ad solutions provider | |
| ejad-gate.com | 2020 | United States | – | – | It delivers comprehensive solutions of product listing advertisement platform. | |
| expatriates.com | 1997 | Montpellier, France | – | – | A mobile-first app for publishing and browsing classified ads tailored for expatriates. |
Detailed competitors of Confect
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Confect
10 companies that operate in the same segment as Confect (Advertising & Marketing Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered platform manages marketing creatives and customer journeys. | 1982 | San Jose, California, United States | – | USD 23.77 B | 30,710 | |
Platform offering mobile ad network software | 2007 | Bengaluru, Karnataka, India | USD 265.6 M | USD 268.38 M | 1,074 | |
AI-driven ad campaigns are managed for personalization and optimization. | 2005 | Paris, France | USD 59.97 M | USD 1.94 B | 3,510 | |
Ad verification solutions are delivered for digital media campaigns. | 2008 | New York, New York, United States | USD 396.5 M | USD 748.29 M | 1,200 | |
Consumer intelligence-driven mobile marketing platform is provided for user acquisition. | 2005 | Singapore, Singapore | USD 10 M | USD 288.73 M | 618 | |
Native advertising solutions are delivered via a cloud-based content platform. | 2006 | New York, New York, United States | USD 403.72 M | USD 1.3 B | 1,800 | |
SSP software is offered to publishers for ad inventory sales. | 2006 | Redwood City, California, United States | USD 31 M | USD 282.93 M | 1,050 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – | |
Cloud based mobile marketing analytics and attribution platform | 2011 | San Francisco, California, United States | USD 1.29 B | – | – | |
Mobile advertising & monetization | 2007 | San Francisco, California, United States | USD 60.05 M | – | – |
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Frequently Asked Questions about Confect
Confect was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Confect is headquartered in Copenhagen, Denmark.
Confect is a funded company, having raised a total of $332.49K across 2 funding rounds to date. The company's 1st funding round was a Seed of $231.72K, raised on Apr 15, 2018.
Confect was founded in 2016 in Copenhagen, Denmark, as a provider in the advertising technology sector. A platform is offered that enables management of product-related advertising campaigns through tools for split testing and ROAS optimization. Customization of ads is facilitated by an inbuilt editor, while automated design changes are supported. Integration with channels such as Facebook and Instagram is included to extend operations across social media.
Confect's top competitors include Franchise.com, Perpetua Labs and Golden Opportunity.
Confect offers Catalog Ads Designer and Video Ad Tool.
The valuation of Confect is $2.37M as of Jun 2020.
Confect operates through Confect.Io Aps.