OfferFit

OfferFit

Verified
Provides marketing technology, artificial intelligence, and self-learning. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$100—150m (Dealroom.co estimates Nov 2023.)
Boston Massachusetts (HQ)

Financials

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-740 %108 %
EBITDA000000000000
Profit000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000
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DateInvestorsAmountRound
-investor investor investor

$0.0

round
investor investor

$0.0

round
investor investor investor investor

$0.0

round
*

$25.0m

Series B
Total Funding000k

Recent News about OfferFit

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More about OfferFitinfo icon
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OfferFit.ai is a startup that operates in the marketing technology sector, providing an innovative solution to the traditional method of A/B testing. The company uses artificial intelligence (AI) to automate and individualize marketing decisions, replacing the slow and impersonal manual testing process. OfferFit's AI testing allows businesses to use their first-party data to determine the optimal message, product, incentive, channel, and timing for each customer. This approach is more efficient and effective, enabling businesses to test everything simultaneously and adapt to market changes instantly.

OfferFit's clients are primarily businesses that require a more efficient and personalized approach to marketing. These include companies in various industries, such as sports and entertainment, as evidenced by testimonials from Kayo Sports & BINGE. The company's business model revolves around providing its AI testing service to these businesses, helping them increase their conversion rates and customer lifetime value. OfferFit generates revenue by charging these businesses for its services.

The company's solution has proven to be highly effective, with clients reporting significant increases in conversion value. For instance, Kayo Sports & BINGE reported a 30% increase in additional conversion value after using OfferFit's services. This indicates that OfferFit's AI testing can provide substantial financial benefits to businesses, making it a promising startup in the marketing technology sector.

Keywords: AI Testing, Marketing Technology, Personalized Marketing, Conversion Rate, Customer Lifetime Value, First-Party Data, Automated Decision-Making, Market Adaptation, Efficiency, Innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.