CallApp
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
CallApp - overview
Location
Tel Aviv-Yafo, -, Israel
Primary Industry
Internet
About
CallApp is a caller identification and call blocking application that enhances mobile user experience by identifying unknown callers and blocking unwanted communications. It is designed to inform users about incoming calls and enrich their contact lists. CallApp, headquartered in Tel Aviv-Yafo, Israel, operates as a caller identification and call-blocking service. In December 2014, the company raised USD 4 mn through a Secondary Stock Purchase led by Giza Venture Capital and Susquehanna Growth Equity.
CallApp has successfully executed 2 deals since its inception, showcasing its growth trajectory in the mobile app sector. CallApp specializes in providing a comprehensive Caller ID and Call Blocker application designed to enhance the user experience for mobile phone users. Their core offerings include features that automatically identify incoming calls from unknown numbers, block unwanted calls and messages, and provide users with detailed information about the callers, including their identities and whether they are associated with spam or telemarketing. The app leverages an extensive database that can identify over 8 billion unknown numbers globally, enriching users' contact lists with data sourced from social media platforms.
Additionally, CallApp allows users to customize their calling experience through features like personalized video ringtones and the ability to identify unknown contacts across various messaging applications, including WhatsApp and SMS. The company serves a diverse customer base of over 25 million users worldwide, with significant engagement in markets such as the United States, Canada, India, and various European countries. CallApp generates revenue primarily through a freemium model, allowing users to access basic functionalities of the app for free while offering premium features through subscription plans. Users can opt for enhanced services, which may include advanced call blocking options and detailed analytics on call activity.
The transaction structure is directed towards direct-to-consumer sales, where customers download the application via app stores and choose between free and paid subscription tiers. These subscriptions may involve monthly or annual billing cycles, offering users flexibility in their payment options. CallApp’s flagship service, the Caller ID feature, is integral to its revenue stream, as it attracts a wide user demographic seeking efficient call management solutions. The company continually evolves its offerings to appeal to its diverse client base, ensuring a steady engagement with users looking for an improved calling experience.
CallApp plans to leverage the funding raised in December 2014 to enhance its application features and expand into new markets. The company is focusing on the development of new products aimed at increasing user engagement and satisfaction. Specific geographic regions for expansion include markets in Asia and Europe, with efforts to penetrate these markets by the end of 2025. The upcoming features are anticipated to be launched within the next year, providing users with improved functionalities and streamlined experiences.
Current Investors
Giza Venture Capital, Susquehanna Growth Equity
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform
Website
www.callapp.com
Verticals
Mobile Apps
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.