Together Price S.r.L.

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Together Price S.r.L. - overview

Established

2015

Location

Rome, -, Italy

Primary Industry

Software

About

Together Price S. r. L. is an innovative platform that facilitates the shared payment of digital subscriptions, allowing users to collaborate on costs for various services, enhancing accessibility and affordability.


Founded in 2015 in Rome, Italy, Together Price S. r. L. operates a platform designed for collective subscription management.


The company raised EUR 0. 63 million in a funding round on July 31, 2018, led by Samaipata Ventures, with participation from LVenture Group and Angel Partner Group. The CEO, Marco Taddei, along with co-founders Luca Ugolini and Marco Taddei, have focused on expanding the platform's user base since inception. TogetherPrice specializes in facilitating the shared cost of digital subscriptions, enabling users to collaborate on the payment of various digital services, including popular platforms like Netflix, Spotify, Dropbox, Nintendo Switch, and Steam.


Users can create sharing groups to invite friends, family, housemates, or colleagues to participate in collective subscription plans, significantly reducing individual costs. The platform provides a user-friendly interface to manage contributions and payment reminders and operates in several markets, including the United States, the United Kingdom, Italy, Spain, Germany, France, and across Europe, catering to both individual users and groups. In 2023, TogetherPrice reported a revenue of EUR 1,091,746. 60 and an EBITDA of EUR 140,587.


90. The company generates revenue primarily through a subscription-based model, where users can significantly reduce their costs by joining group subscription plans. This pricing structure encourages the formation of sharing groups, allowing contributions as low as EUR 2. 83 per month or EUR 4.


37 per year. Together Price plans to leverage its recent funding of EUR 0. 63 million to enhance its platform and expand into new markets. The company anticipates developing additional functionalities for its service to improve user engagement and streamline group subscription management.


Targeted expansion includes increasing its presence in the European digital market by 2024, aiming to introduce its services in additional countries not yet served, thus broadening its user base and enhancing overall market reach.


Current Investors

LVenture, Angel Partner Group, Samaipata Ventures

Primary Industry

Software

Sub Industries

Public Relations & Communications, e-Financial, Social Networking & Communication Platform, Accounting/Finance Software

Website

www.togetherprice.com

Verticals

AdTech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Together Price S.r.L. - timeline of key events

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Together Price S.r.L. - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)5,000-33,98998,537224,773616,197805,337---
% Revenue Growth (YoY)-(100.0%)-189.9%128.1%174.1%30.7%---
EBITDA (USD)4,882(2,747)(16,286)(289,919)(773,685)(413,453)42,822---
Operating Income (USD)4,882(2,844)(28,548)(304,336)(829,349)(534,324)(110,372)---
Operating Margin97.6%-(84.0%)(308.9%)(369.0%)(86.7%)(13.7%)---
% EBITDA Margin97.6%-(47.9%)(294.2%)(344.2%)(67.1%)5.3%---
NET Income (USD)3,483(3,150)(23,207)(222,697)(638,598)(401,029)(94,832)---
% Net Margin69.7%-(68.3%)(226.0%)(284.1%)(65.1%)(11.8%)---

Together Price S.r.L. - employee data

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