About Downstream
Downstream is a company based in Seattle (United States) founded in 2017 by Salim Hamed and Connor Folley was acquired by Jungle Scout in March 2021. It operates as a SaaS (Software-as-a-Service). Downstream has raised $6.18 million across 5 funding rounds from investors including Techstars, Unlock Venture Partners and Jungle Scout. Downstream offers products and services including Amazon Advertising Tools. Downstream operates in a competitive market with competitors including Criteo, NextRoll, Mediaocean, RhythmOne and Viewbix, among others.
- Headquarter Seattle, United States
- Founders Salim Hamed, Connor Folley
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Downstream Impact, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.18 M (USD)
in 5 rounds
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Latest Funding Round
$300 K (USD), Seed
Feb 13, 2020
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Investors
Techstars
& 10 more
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Employee Count
Employee Count
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Acquired by
Jungle Scout
(Mar 04, 2021)
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Products & Services of Downstream
Downstream offers a comprehensive portfolio of products and services, including Amazon Advertising Tools. 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.
Tools for maximizing impact of Amazon advertising campaigns.
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Funding Insights of Downstream
Downstream has successfully raised a total of $6.18M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in February 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 5
- Last Round Seed — $300,000
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First Round
First Round
(03 Apr 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Seed - Downstream | Valuation |
investors |
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| May, 2019 | Amount | Seed - Downstream | Valuation | MathCapital , Tuesday Capital | |
| Apr, 2019 | Amount | Seed - Downstream | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Downstream
Downstream has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Techstars, Unlock Venture Partners and Jungle Scout. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Multiple-stage venture capital investments are managed by Haystack.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Downstream
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Downstream
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Downstream Comparisons
Competitors of Downstream
Downstream 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 Criteo, NextRoll, Mediaocean, RhythmOne and Viewbix, 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 |
AI-driven ad campaigns are managed for personalization and optimization.
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| domain | founded_year | HQ Location |
Provider of data-driven marketing technology for B2B and D2C businesses
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| domain | founded_year | HQ Location |
Advertising software and integration services are provided for enterprises.
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| domain | founded_year | HQ Location |
Audiences are connected to brands via cross-screen video advertising.
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| domain | founded_year | HQ Location |
Interactive apps are integrated into videos to boost engagement.
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| domain | founded_year | HQ Location |
Targeted ad placements are provided via an advertising network.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Downstream
Frequently Asked Questions about Downstream
When was Downstream founded?
Downstream was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Downstream located?
Downstream is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Downstream?
Connor Folley is the current CEO of Downstream. They have also founded this company.
Is Downstream a funded company?
Downstream is a funded company, having raised a total of $6.18M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.75M, raised on Apr 03, 2018.
What does Downstream do?
Downstream, now part of Jungle Scout Cobalt suite, is engaged in providing tools for optimizing Amazon advertising campaigns. Solutions are designed to maximize advertising impact for businesses on e-commerce platforms like Amazon and Walmart. The companys offerings are integrated into a broader suite of features under the Cobalt brand.
Who are the top competitors of Downstream?
Downstream's top competitors include Criteo, NextRoll and Mediaocean.
What products or services does Downstream offer?
Downstream offers Amazon Advertising Tools.
Who are Downstream's investors?
Downstream has 11 investors. Key investors include Techstars, Unlock Venture Partners, Jungle Scout, MathCapital, and Tuesday Capital.
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