Vibbio AS
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Vibbio AS - overview
Established
2016
Location
Oslo, -, Norway
Primary Industry
Software
About
Based in Norway, Vibbio AS specializes in video production technology, providing innovative solutions for businesses to enhance their marketing strategies through automated video creation. Vibbio AS, founded in 2016 and headquartered in Oslo, Norway, focuses on developing tools for video content creation. The company has successfully raised NOK 13. 000 mn in funding, led by Sormlandsfonden, with notable investors including Investinor, Nettuno Capital, Orkla Ventures, and Skagerak Capital.
Vibbio has completed a total of 8 deals, with the most recent funding round occurring in April 2022. The acquisition of Vibbio by ON24, Inc. marked a significant transition for the company, expanding its capabilities in video marketing distribution. Vibbio AS offers a platform that enables businesses to create engaging video content with ease.
Their services include automated video production that utilizes advanced technologies to streamline the video creation process. The platform is designed to help organizations enhance their digital marketing efforts, providing tools that cater to a wide range of industries and use cases. Users benefit from an efficient interface allowing for the quick generation of professional-quality videos suited for various marketing needs. In the most recent fiscal year, Vibbio AS reported revenue of NOK 770,743.
6 with an EBITDA of NOK 414,090. 2, showcasing its financial stability as it continues to grow within the video creation market. Vibbio AS aims to expand its product offerings further by developing new features that enhance video customization and interactivity for users. The company is also looking to penetrate additional geographic markets, specifically targeting regions in North America and Europe by the end of 2024.
The funding received in April 2022 will be instrumental in supporting these initiatives, facilitating research and development as well as marketing efforts to promote their innovative video solutions.
Current Investors
Tomorrow Today, Orkla , RHO
Primary Industry
Software
Sub Industries
Web Applications, Content Management Software, Music & Video Streaming Software
Website
www.vibbio.com
Verticals
Cloud Computing, E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Vibbio AS - timeline of key events
Vibbio AS - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 514,390 | 1,162,650 | 2,450,246 | 3,631,482 | 522,875 | 2,114,429 | - | - | - |
| % Revenue Growth (YoY) | - | 126.0% | 110.7% | 48.2% | (85.6%) | 304.4% | - | - | - |
| EBITDA (USD) | 279,383 | (3,320,431) | (2,280,384) | (6,464,714) | (5,510,703) | (1,418,289) | - | - | - |
| Operating Income (USD) | 278,428 | (3,343,074) | (2,305,905) | (6,550,699) | (6,096,191) | (3,678,745) | - | - | - |
| Operating Margin | 54.1% | (287.5%) | (94.1%) | (180.4%) | (1165.9%) | (174.0%) | - | - | - |
| % EBITDA Margin | 54.3% | (285.6%) | (93.1%) | (178.0%) | (1053.9%) | (67.1%) | - | - | - |
| NET Income (USD) | 209,088 | (2,905,867) | (3,900,760) | (6,779,033) | (6,395,652) | (3,952,826) | - | - | - |
| % Net Margin | 40.6% | (249.9%) | (159.2%) | (186.7%) | (1223.2%) | (186.9%) | - | - | - |
Vibbio AS - employee data
Vibbio AS - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman Of The Board | BM |
BM Board Member
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