Flattr AB

Flattr AB operates a micro-donation platform that enables users to financially support creatives and innovators through small contributions, fostering a community that values creativity and generosity. Founded in 2010 by Linus Olsson, Flattr AB is headquartered in Malmo, Sweden. The company engages in a micro-donation system, allowing users to directly support artists and content creators. Flattr has undertaken four deals, with its most recent deal occurring on April 5, 2017, when Eyeo acquired the company.

The company has raised a total of USD 0. 34 mn, with its latest funding round being a Seed round led by Eyeo. Flattr AB primarily functions as a micro-donation platform, enabling users to make small contributions that directly financially support artists, content creators, and innovative projects. The service aims to cultivate a supportive community surrounding creativity.

The platform attracted a diverse range of users, including independent artists, musicians, and filmmakers. Although Flattr briefly introduced the Anti-adblock Pass service to enhance user experience, this initiative was not sustained. The company primarily operates within North America and Europe, where the creative economy has thriving potential. In the most recent financial year of 2023, Flattr AB reported a revenue of USD 1,630,509.

60 and an EBITDA of USD 140,280. 10, generated primarily through transaction fees on their micro-donation platform. Flattr AB plans to enhance its platform by developing new features aimed at enriching user engagement and expanding its market presence. Although no specific product launches are mentioned, the company intends to strategically utilize insights gained from its recent acquisition by Eyeo to inform its future developments.

Further expansion plans focus on deepening its presence in European markets, aiming to increase user acquisition and support for creatives by the end of 2024.