Instabridge
Financials
Estimates*
EUR | 2015 | 2016 | 2017 |
---|---|---|---|
Revenues | <1m | <1m | <1m |
% growth | - | 414 % | 2111 % |
EBITDA | (<1m) | (1.6m) | (1.4m) |
% EBITDA margin | (31229 %) | (12707 %) | (485 %) |
Profit | (<1m) | (1.6m) | (1.4m) |
% profit margin | (31463 %) | (12803 %) | (501 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.0m | Seed | ||
* | $3.0m | Series A | |
* | $1.0m | Series B | |
* | $3.0m | Series C | |
N/A | Acquisition | ||
Total Funding | CAD10.9m |
Recent News about Instabridge
EditInstabridge is a startup that operates in the telecommunications and internet services market, focusing on providing free WiFi access to users worldwide. The company has developed a community-driven platform where users can share and access WiFi networks. This platform is particularly beneficial for individuals who need reliable internet access on the go, such as travelers, remote workers, and students.
Instabridge's business model revolves around creating a large, user-generated database of WiFi networks. Users contribute by adding and updating WiFi spots, which helps others find the best available connections. The app automatically connects users to verified WiFi networks and avoids those that are unreliable, ensuring a seamless internet experience without the need for manual setup.
The company primarily serves individual consumers who are looking for free and reliable internet access. However, it also indirectly benefits businesses by driving foot traffic to locations that offer free WiFi, potentially increasing customer engagement and sales.
Instabridge generates revenue through various channels. One primary method is advertising within the app, where businesses can promote their services to a targeted audience. Additionally, the company may explore partnerships with internet service providers and other stakeholders in the telecommunications industry to expand its network and enhance its service offerings.
In summary, Instabridge is a community-powered platform that democratizes internet access by enabling users to find and share free WiFi networks globally. Its business model leverages user contributions to build a robust database of WiFi spots, ensuring reliable and automatic connections for its users. The company makes money through in-app advertising and potential partnerships with industry players.
Keywords: free WiFi, community-driven, internet access, WiFi sharing, telecommunications, user-generated, seamless connection, advertising revenue, global network, reliable internet.