Digital marketing analytics and reporting startup Whatagraph, which counts among its clients many Fortune 500 groups, has just received €600k in investment. Open Circle Capital, one in every of Lithuania’s biggest VC price range, contributed half of the funding, even as the remaining budget has been raised internally by the co-founders of the corporation. We featured the agency as one of the top Dutch startups to appearance out for in 2017.
Whatagraph mechanically creates presentation-geared up infographic reviews that put off the ache of manually creating analytics reviews. The Amsterdam-based totally startup creates visual Google Analytics and social media reviews. Founded in 2015 by siblings from Lithuania, Whatagraph chose the Netherlands because the employer’s headquarters after the team joined the Rockstart accelerator and started scaling internationally.
So ways, the startup’s common 12 months-over-12 months growth is as excessive as 250%, whilst its consumer listing is full of famous manufacturers international, including Heineken, The New York Times, Ogilvy and Berkshire Hathaway. According to co-founder Justas Malinauskas, the brand new spherical will permit the enterprise to grow its revenue with the aid of 300%.
“The additional funding will permit Whatagraph to put together for a Series A investment round,” said Malinauskas, the performing CEO of Whatagraph. “It will even enable the agency to expands its operations – doubling the modern range of personnel. It shall make bigger at each development workplace in Klaipeda, Lithuania and income and advertising and marketing hubs in Vilnius and Amsterdam. The largest enlargement is deliberate for the sales team.”
