
crowdfire
Data analytics for your social media accounts.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
$2.5m | Series A | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 2 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Crowdfire operates as a Software-as-a-Service (SaaS) provider in the social media management market, offering a platform designed to streamline marketing efforts for businesses and individuals. The company was founded in February 2010 by Nischal Shetty, Sameer Mhatre, Siddharth Menon, and Anirudh Khusape. Initially launched as "JustUnfollow," the service focused on providing tools for Twitter users to manage their followers. The founder, Nischal Shetty, a computer science graduate from Visvesvaraya Technological University, began his entrepreneurial path after gaining experience as a software engineer, which led him to identify a market need for better social media tools. This venture was a precursor to his later entry into the cryptocurrency space with WazirX.
The business rebranded to Crowdfire in 2015, shifting its focus to a more comprehensive suite of social media management tools. This strategic pivot was partly a response to changes in Twitter's API policy that impacted the original follower management model. A significant milestone was achieved in March 2015 when the company secured $2.5 million in a Series A funding round led by Kalaari Capital. Crowdfire’s platform serves a broad client base, from solo entrepreneurs and small businesses to larger agencies and marketers, by providing tools to manage multiple social profiles from a single dashboard.
Crowdfire's business model is freemium, providing a free, feature-limited plan alongside several tiered paid subscription options (Plus, Premium, and VIP) that offer progressively advanced capabilities. Revenue is generated through these monthly or annual subscription fees. The core service enables users to discover and schedule content, manage audience engagement, and analyze performance across numerous platforms, including Facebook, Instagram, Twitter, LinkedIn, Pinterest, and TikTok. Key features include content curation, where the tool recommends articles and images based on user interests, and a scheduling function that can publish posts at optimal times. The platform also offers analytics to track social media growth, social listening to monitor brand mentions, and competitor analysis. After 15 years of operation, Crowdfire announced it was shutting down its platform, directing users to an alternative service and confirming that all user data would be permanently deleted by June 30th, 2025.
Keywords: social media management, content scheduling, SaaS, content curation, audience engagement, marketing automation, brand management, social analytics, digital marketing, content marketing