reevoo
Financials
Estimates*
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 8.4m | 8.7m | 8.5m | 7.0m | 4.3m | 4.4m | 4.3m |
| % growth | 18 % | 5 % | (2 %) | (18 %) | (39 %) | 1 % | (1 %) |
| EBITDA | (1.2m) | (<1m) | <1m | <1m | (<1m) | (<1m) | - |
| % EBITDA margin | (14 %) | - | 3 % | 4 % | (7 %) | (7 %) | - |
| Profit | (1.1m) | (1.3m) | (<1m) | <1m | (<1m) | (<1m) | - |
| % profit margin | (13 %) | (15 %) | (2 %) | 3 % | (9 %) | (9 %) | - |
| R&D budget | 6.7m | 7.5m | 5.8m | - | - | - | - |
| R&D % of revenue | 80 % | 86 % | 68 % | - | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
£2.5m | Series A | ||
N/A | Early VC | ||
| N/A | N/A | Series B | |
$2.4m | Late VC | ||
$1.5m | Series C | ||
| Total Funding | CAD9.8m | ||
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Recent News about reevoo
EditReevoo operates as an independent review platform that specializes in collecting and displaying verified customer feedback for a wide range of products and services. The company serves clients across various industries including automotive, retail, travel, and finance. Reevoo's core business model revolves around partnering with companies to gather authentic reviews from their customers, which are then showcased on the companies' websites and other marketing channels. This helps businesses build consumer trust and influence purchase decisions. Reevoo generates revenue through subscription fees and service charges from its business clients who leverage the platform to enhance their brand credibility and customer engagement. The market it operates in is highly competitive, focusing on digital marketing and customer experience enhancement.
Keywords: Independent reviews, customer feedback, consumer trust, purchase decisions, automotive, retail, travel, finance, digital marketing, customer engagement.