Watchity
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m | <1m | <1m |
% growth | 120 % | (47 %) | 711 % | 139 % | 47 % | - | - |
EBITDA | (<1m) | (<1m) | <1m | <1m | <1m | - | - |
% EBITDA margin | (692 %) | (1610 %) | 63 % | 78 % | 50 % | - | - |
Profit | (<1m) | (<1m) | <1m | <1m | <1m | - | - |
% profit margin | (204 %) | (1169 %) | - | 11 % | 1 % | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | €20.0k | Seed | |
N/A | Spinout | ||
N/A | €600k | Grant | |
€50.0k | Grant | ||
* | €600k | Seed | |
N/A | €700k | Seed | |
€500k Valuation: €3.5m 10.3x EV/LTM Revenues 13.3x EV/LTM EBITDA | Seed | ||
Total Funding | $2.7m |
Related Content
Recent News about Watchity
EditWatchity is a forward-thinking startup that offers a comprehensive cloud platform designed to simplify the creation and distribution of professional-looking live video. The company primarily serves businesses and organizations that need to enhance their marketing, training, and communication efforts. This includes corporations, educational institutions, and event organizers who require high-quality live video for workshops, webinars, and training sessions.
Operating in the digital media and communications market, Watchity provides a solution that allows teams to produce professional live video content independently, without the need for costly external production services. This not only reduces costs but also streamlines the process, making it more efficient and accessible.
Watchity's business model revolves around offering a platform-as-a-service (PaaS). Clients subscribe to the platform to access its suite of tools for live video production, including features for live streaming, video editing, and content distribution. The platform enables users to capture live video streams, transcode them to various qualities, and redistribute them across social media, RTMP (Real-Time Messaging Protocol) destinations, or web players. This versatility helps clients extend the lifecycle of their content by creating pre-event and post-event materials.
Revenue is generated through subscription fees, which vary based on the level of service and features required by the client. By providing a scalable and user-friendly platform, Watchity empowers organizations to unify their brand and strategy across departments, gain extra viewers for their events, and engage their target audiences more effectively.
In summary, Watchity is revolutionizing the way businesses produce and distribute live video content, making it accessible, cost-effective, and professional.
Keywords: live video, cloud platform, marketing, training, communication, professional video, live streaming, PaaS, content distribution, cost-effective.