Snatch
closedGaming platform offering interactive, location-based mobile games.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
* | £4.4m | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 33 % |
| 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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Based in Biel, Switzerland, Snatch operates a social commerce platform focused on video-based sales and marketing. The company was established in 2020.
The core of the business is a platform that enables suppliers, influencers, and buyers to connect and transact through product videos and live-streaming events. This model positions Snatch within the AdTech, Marketing Tech, E-Commerce, and Mobile Commerce sectors. It facilitates the discovery of deals on a variety of products, services, and experiences, allowing users to leverage digital marketing technologies for sales. The business primarily serves other businesses, falling into the Media and Information Services (B2B) category.
The company's revenue model is based on its platform's ability to connect different user groups for commercial activities. In January 2021, Snatch completed a Seed funding round, securing investment from Axel Springer Porsche, which indicates venture capital backing for its operations.
Keywords: social commerce, video commerce, live-stream shopping, B2B e-commerce, digital marketing platform, mobile commerce, adtech, marketing tech, influencer marketing, online marketplace, venture capital-backed, Axel Springer Porsche, product discovery, e-commerce platform