Spotlite Media Inc.

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.

Spotlite Media Inc. - overview

Established

2017

Location

Walnut Creek, CA, US

Primary Industry

Software

About

Spotlite Media Inc. offers advanced digital solutions aimed at enhancing user engagement and optimizing business interactions through personalized experiences. Spotlite Media Inc. is a company that provides digital solutions tailored for business engagement.


Founded in 2017 in Walnut Creek, US, by Ole Hestås, who has a history of entrepreneurship, the company raised USD 10 mn in venture funding on December 15, 2017, co-led by BlueRun Ventures and Sequoia Capital. Spotlite. me specializes in providing innovative digital solutions designed to enhance user engagement and streamline interactions for businesses. The company's primary offerings include a platform that enables businesses to create personalized customer experiences through data-driven insights.


By leveraging advanced analytics, Spotlite. me assists clients in understanding consumer behavior and preferences, ultimately leading to improved customer satisfaction and retention. The platform is utilized across various sectors, including retail, e-commerce, and hospitality, serving a diverse client base that includes both small businesses and large enterprises. Spotlite.


me's products are available in multiple geographical markets, notably North America, Europe, and parts of Asia, allowing them to cater to a wide range of end users. The revenue model of Spotlite. me is primarily based on a subscription service, where businesses pay a recurring fee to access the platform's features and functionalities. This subscription structure may include tiered pricing plans that offer varying levels of service, enabling clients to choose a package that aligns with their operational needs.


Transactions typically occur directly between Spotlite. me and its clients, with contract lengths varying based on the selected subscription. The company also fosters partnerships with other businesses, expanding their reach and enhancing service offerings. Flagship products are integrated into the core subscription model, contributing to the overall revenue stream.


Spotlite Media Inc. aims to leverage the recent venture funding of USD 10 mn raised in December 2017 to enhance its product offerings and support expansion into new markets. The company plans to launch new features on its platform by the end of 2023 to further improve personalization capabilities. Additionally, Spotlite intends to penetrate the Asian market more aggressively by 2024, targeting specific countries such as Japan and India, to broaden its geographical footprint and increase its client base.


Current Investors

Hong Shan, BlueRun Ventures

Primary Industry

Software

Sub Industries

Music & Video Streaming Software

Website

www.spotlite.me

Company Stage

Early Stage

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.