Wowtto
We are building a marketplace called Wowtto. It connects brands that wish to advertise with private people who wish to carry ads on their cars.
- Stage Prototype Ready
- Industry Marketing / Advertising
- Location Vilnius, Vilnius County, Lithuania
- Currency USD
- Founded December 2014
- Employees 8
- Website wowtto.com
Company Summary
Wowtto - the marketplace that connects brands that wish to advertise with private people who wish to carry ads on their cars. Imagine Google Adwords, but instead of buying ad placements online, one will buy them on individual cars (private individuals get paid for carrying advertisement).
We are an early stage company with revenue and product. We figured out how to efficiently acquire users in a scalable way worldwide and proved the concept with international advertisers, some of which also became recurring clients. All this with just EUR 30 000 angel investment.
Our unit economics seems to be strong and we are now working on scaling advertiser acquisition and improved product version. Moreover, we envision digital stickers/screens on cars which will be a game changer of current outdoor advertising market and we are in the process of long-term agreements with video technology partners to fine-tune the technology to enable that future through Wowtto.
We have a letter of intent from a seed fund, which commits EUR 200 000, and we’re looking for further EUR 250 000 - 550 000 to be fully funded for our seed stage goals.
Team
Previous Investors
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Daumantas MikučionisUnconfirmed
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