Eyeo

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Eyeo - overview

Established

2011

Location

Cologne, -, Germany

Primary Industry

Software

About

Based in Germany, Eyeo is a software company founded in 2011, specializing in ad-filtering solutions that enhance user experiences while connecting advertisers with a vast audience of 400 million users. Eyeo was founded in 2011 in Cologne, Germany, by Till Faida and Tim Schumacher. The company focuses on developing ad-filtering technologies that allow users to control their online advertising experiences. Frank Einecke currently serves as the CEO.


Eyeo has not undergone any major business pivots or structural changes since its inception. Eyeo offers a robust suite of ad-filtering solutions designed to connect advertisers, agencies, and brands with an audience of 400 million ad-filtering users. The core product facilitates a nonintrusive advertising experience that enhances user engagement by delivering relevant sponsored content, thereby addressing the prevalent issues of ad clutter and user dissatisfaction with intrusive advertising formats. These services are particularly appealing to high-value shoppers who prioritize ad control, allowing them to interact with ads in a more meaningful way.


The technology behind Eyeo's offerings, including the systems that power Adblock Plus and AdBlock, enables seamless integration into existing tech stacks, catering to a diverse clientele that includes advertisers seeking effective ad delivery methods, publishers wanting to maintain revenue while ensuring user satisfaction, and retailers looking to reach ad-aware consumers. Eyeo's products are accessible in various international markets, explicitly targeting regions where digital advertising is robust, such as North America, Europe, and parts of Asia. In 2022, Eyeo generated a revenue of USD 75. 10 mn and recorded an EBITDA of USD 23.


21 mn. The company generates revenue through a combination of business-to-business (B2B) partnerships and direct-to-consumer models. The company collaborates with advertisers and publishers to implement its ad-filtering technology, resulting in a transaction structure that emphasizes subscription-based services and performance-based partnerships. These transactions facilitate a streamlined setup with minimal technical effort required from clients.


Eyeo's flagship offerings, which include proprietary ad formats that emit lower CO2, contribute to a sustainable advertising environment that appeals to eco-conscious brands and agencies.


Primary Industry

Software

Sub Industries

Monitoring & Security Software

Website

https://eyeo.com

Total Amount Raised

Subscriber access only

Eyeo - timeline of key events

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Eyeo - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)-------
% Revenue Growth (YoY)-------
EBITDA (USD)25,684,906.125,545,15447,153,604.321,428,750.8---
Operating Income (USD)25,542,419.225,369,592.846,917,712.121,158,580.3---
Operating Margin-------
% EBITDA Margin-------
NET Income (USD)17,193,342.122,431,453.235,474,289.217,928,061.6---
% Net Margin-------

Eyeo - employee data

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