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
-
Sectors
Media & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Confect.Io Aps
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$332.49 K (USD)
in 2 rounds
-
Latest Funding Round
$100.77 K (USD), Seed
Jun 05, 2020
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Confect
Confect offers a comprehensive portfolio of products and services, including Catalog Ads Designer and Video Ad Tool. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
Leadership Team
2 people
Software Development Team
2 people
Sales and Marketing
1 people
Co Team
1 people
Head Team
1 people
Unlock access to complete
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 Total Funding
- Total Rounds 2
- Last Round Seed — $100,774
-
First Round
First Round
(15 Apr 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Confect | Valuation |
investors |
|
| Apr, 2018 | Amount | Seed - Confect | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Confect
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Confect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Confect Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Product advertisement listing platform
|
|
| domain | founded_year | HQ Location |
AI-based marketing optimization software is provided for Amazon sellers.
|
|
| domain | founded_year | HQ Location |
Real-time product market research is facilitated by an AI platform.
|
|
| domain | founded_year | HQ Location |
Provider of marketing tools for online retailers
|
|
| domain | founded_year | HQ Location |
Cloud-based product listing ad solutions provider
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Confect
When was Confect founded?
Confect was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Confect located?
Confect is headquartered in Copenhagen, Denmark.
Is Confect a funded company?
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.
What does Confect do?
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.
Who are the top competitors of Confect?
Confect's top competitors include Franchise.com, Perpetua Labs and Golden Opportunity.
What products or services does Confect offer?
Confect offers Catalog Ads Designer and Video Ad Tool.
What is Confect's valuation?
The valuation of Confect is $2.37M as of Jun 2020.