Tech Company Financing Transactions
Exolyt Funding Round
Exolyt secured a $479.1 thousand funding round on 3/7/2023. Investors included Founder'S Edge and Trado Capital.
Transaction Overview
Company Name
Announced On
3/7/2023
Transaction Type
Venture Equity
Amount
$479,092
Round
Undisclosed
Investors
Founder'S Edge (Lead Investor)
Trado Capital (Lead Investor)
Proceeds Purpose
Funds will be used to scale the development of higher-value TikTok analytics features for business end-users and expanding sales and marketing - Exolyt has built an AI-powered platform that interprets TikTok user behaviour and performance analytics to give businesses a foresight into the brand's growth potential.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Berlin, Undisclosed
DE
Berlin, Undisclosed
DE
Phone
Undisclosed
Website
Email Address
Overview
Exolyt offers state-of-the-art, intelligent analytics on short videos for the fastest-growing social media channels - currently specializing in TikTok. It is built for consumer brands, marketing agencies, product developers, and research service providers to get a foresight into a brand's growth potential. The platform provides a variety of intelligent features allowing customers to track, monitor and discover actionable insights that power strategic business growth, help to stay on top of trends, and gain faster visibility and market share. Its AI-powered solution gives a transparent and holistic understanding of the voice of the customer and industry trends.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. All VC database entries on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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