Sponsmore

Sponsmore

Online marketplace connecting athletes and brands for sponsorships.

HQ location
Kaposvár, Hungary
Launch date
Employees
Enterprise value
$257—385k
Company register number
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DateInvestorsAmountRound

$64.2k

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
HUF2021202220232024
Revenues0000000000000000
% growth---2 %
EBITDA0000000000000000
Profit0000000000000000
% profit margin--(2181 %)(5653 %)
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

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More about Sponsmore
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Sponsmore, founded in 2021, operates a brand collaboration platform that connects athletes, sports teams, and event organizers with sponsors and brands. Headquartered in Kaposvár, Hungary, the company aims to streamline the sponsorship process for all parties involved.

The platform enables brands to find athletes and events that align with their values and marketing objectives. It provides a searchable database with various filters such as location, sport, and audience demographics, allowing sponsors to conduct targeted partner searches. For athletes and sports entities, Sponsmore offers a space to create detailed profiles showcasing their activities, achievements, and goals to attract potential partnerships. Key features of the service include automated contract generation to simplify the agreement process and a centralized dashboard for managing all sponsorships and their statuses. The platform supports direct communication between parties through an integrated messaging system to negotiate terms.

Sponsmore's business model is based on a commission fee. The platform is free for sponsors to use. For sponsored parties, the company charges a 15% commission on deals brokered through the platform, which is deducted after the sponsored party fulfills their contractual obligations. To ensure trust and security, Sponsmore requires user verification. The company has received $152K in funding from investors including Hiventures and Startup Campus Incubator.

Keywords: sports sponsorship, brand collaboration, athlete marketing, sports marketing, sponsorship management, endorsement deals, sports business, sponsorship platform, athlete branding, sports partnerships, corporate sponsorship, event sponsorship, digital sports marketplace, brand activation, sports technology

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