Odeeo
Audio ad platform that amplifies the in-game experience to help studios and brands resonate with the world’s 2.7bn gamers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
* | $5.0m Valuation: $45.0m | Early VC | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 412 % | 205 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Odeeo is a pioneering startup in the digital advertising space, specializing in in-game audio advertisements. The company has developed a unique ad platform that allows game developers to seamlessly integrate brand advertising into their games. This innovative approach provides a non-disruptive yet engaging way for brands to reach billions of players globally.
Odeeo's primary clients are game developers and advertisers. The game developers benefit from an additional revenue stream without compromising the gaming experience, while advertisers gain access to a highly engaged audience. This is achieved through Odeeo's proprietary Software Development Kit (SDK), which connects to the world's top mobile publishers, offering an unparalleled scale for audio advertisers.
The company operates in the rapidly growing mobile gaming market, which is increasingly being recognized as a lucrative platform for advertising. Odeeo's business model is based on revenue-sharing with game developers and charging advertisers for the ads served.
The recent launch of Odeeo SDK 3.0 has further enhanced the company's offering, providing effortless integration and real-time insights. This has contributed to the company's impressive growth, with a 566% increase in net revenue and a 260% rise in daily active users in 2023.
In summary, Odeeo is a dynamic player in the digital advertising space, leveraging the power of in-game audio ads to connect brands with a vast, engaged audience.
Keywords: Digital Advertising, In-Game Audio Ads, Game Developers, Advertisers, Mobile Gaming Market, Revenue-Sharing, Software Development Kit (SDK), Brand Advertising, User Engagement, Rapid Growth.