Cobiro ApS
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Cobiro ApS - overview
Established
2016
Location
Copenhagen, -, Denmark
Primary Industry
Marketing/Advertising
About
Cobiro ApS is a digital marketing solutions provider that empowers e-commerce businesses with tools to optimize advertising strategies and enhance visibility across platforms. Cobiro ApS, founded in 2016 and headquartered in Copenhagen, Denmark, specializes in digital marketing solutions for e-commerce. The company has not undergone significant pivots or changes in business operations since inception. Jesper Holm is the CEO, leading the firm which has completed a total of 6 deals.
The most recent deal, dated October 7, 2021, involved a funding round that raised DKK 25. 000 mn, bringing the total amount raised to DKK 25. 000 mn. Cobiro offers advanced digital marketing solutions tailored for e-commerce, including Cobiro CSS, which provides users a 20% discount on Google Shopping ads, and Cobiro Whitelabel CSS for agencies to enhance brand visibility.
The Cobiro Label Manager allows clients to optimize return on advertising spend (ROAS) efficiently. These tools are designed to improve campaign performance for a diverse range of clients, including merchants and marketing agencies across North America and Europe. In the most recent year, Cobiro reported revenue of DKK 364,899 and an EBITDA of DKK 23,261. 4 for 2023.
The company operates on a subscription-based revenue model, with prices for Cobiro CSS starting at USD 24 per month. The Cobiro Whitelabel CSS is available from USD 239 per month, while the Cobiro Label Manager is priced from USD 16 per month after an initial 30-day free trial. Cobiro plans to utilize the DKK 25. 000 mn raised in funding in October 2021 to grow its business and expand its market reach by providing essential online tools for e-commerce success.
Further details on upcoming product launches or specific new markets have not been disclosed.
Current Investors
Nordic Secondary Fund
Primary Industry
Marketing/Advertising
Sub Industries
eMarketing/Digital Marketing, Sales & Marketing Software, Analytics & Performance Software
Website
www.cobiro.com
Verticals
AdTech, Artificial Intelligence
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Cobiro ApS - timeline of key events
Cobiro ApS - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | 33,068,000 | 2,294,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | (93.1%) | - | - | - |
| EBITDA (USD) | (340,873) | (304,703) | (885,811) | 6,948,310 | (7,813,000) | (20,372,000) | - | - | - |
| Operating Income (USD) | (340,873) | (380,275) | (1,153,620) | 674,311 | (18,532,000) | (35,542,000) | - | - | - |
| Operating Margin | - | - | - | - | (56.0%) | (1549.3%) | - | - | - |
| % EBITDA Margin | - | - | - | - | (23.6%) | (888.1%) | - | - | - |
| NET Income (USD) | (268,899) | (311,861) | (947,205) | 562,880 | (14,623,000) | (28,806,000) | - | - | - |
| % Net Margin | - | - | - | - | (44.2%) | (1255.7%) | - | - | - |
Cobiro ApS - employee data
Cobiro ApS - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman of the Board | BM |
BM Board Member
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