Algori

Algori

AI-enabled FMCG data analytics company unlocking the value of consumer purchase data.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-189 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Algori
Made with AI
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PromosApp is a Spanish-based startup that operates in the consumer retail market, specifically focusing on the grocery sector. The company has developed a unique business model that allows consumers to earn money from their everyday grocery shopping. This is achieved through a cashback system, where customers purchase their favorite brands from any supermarket and receive a portion of their money back.

The process is simple and user-friendly. Customers discover promotions through the PromosApp, make their purchases at any supermarket, scan their receipt using the app, and receive money back. This model serves a broad range of clients, from budget-conscious individuals to families looking to maximize their grocery savings.

PromosApp's revenue is likely generated through partnerships with brands and supermarkets. These partners would pay PromosApp a fee for driving customer purchases and increasing brand visibility. The company also offers a free newsletter subscription, which could serve as another potential revenue stream through advertising or premium content.

In summary, PromosApp is a consumer-oriented startup that leverages technology to provide cashback services to grocery shoppers. Its business model is centered around partnerships with brands and supermarkets, and it generates revenue through these partnerships and potentially through its newsletter service.

Keywords: Cashback, Grocery Shopping, Consumer Retail, Promotions, App, Receipt Scanning, Partnerships, Brands, Supermarkets, Newsletter.

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