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Kovalee raises €8m in Series A funding

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Kovalee raises €8m in Series A funding
About Kovalee

Kovalee is the leading European mobile app publisher. The start-up successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market. Leveraging AI, Machine Learning and their unique prediction and automation in-house technologies, Kovalee’s promise is to transform any app into a worldwide leader in its category.

Kovalee’s publishing model is based on long-term profit-sharing partnerships with the app creators. While app creators focus on content, Kovalee brings to the table all the tools and expertise necessary to scale an app during its lifetime: User Experience (UX), User Acquisition (UA), App Store Optimization (ASO) and Monetization. Kovalee already signed 20 long-term publishing contracts with partners across the globe and demonstrated its expertise by putting several apps within the top 50 across many different app store categories in less than 6 months.

Kovalee already counts employees from 13+ countries and most of its partners are located outside of Europe.

Kovalee raises €8m in Series A funding
NEWS

Kovalee raises €8m in Series A funding

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Kovalee successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market

Paris, March 15, 2023 - Today, Kovalee, the leading European mobile app publisher, announces its €8 million Series A funding round. The investment is led by European VC IRIS, alongside Breega and Bpifrance, through its digital venture fund, with the participation of individuals including Alan Fung, former Director of Performance Marketing at King and Alexandre Berriche, co-founder and CEO of Fleet and Sequoia Capital scout. This new round will support the company’s R&D efforts in the development of its unique in-house prediction and automation technologies as well as the recruitment of new international mobile experts and developers with the objective to double the team’s size by the end of 2023.

Kovalee successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market. Leveraging AI, Machine Learning and their unique prediction and automation in-house technologies, Kovalee’s promise is to transform any app into a worldwide leader in its category.

Kovalee’s publishing model is based on long-term profit-sharing partnerships with the app creators. While app creators focus on content, Kovalee brings to the table all the tools and expertise necessary to scale an app during its lifetime: User Experience (UX), User Acquisition (UA), App Store Optimization (ASO) and Monetization.

Vincent Hart de Keating, CEO of Kovalee says: “We’re proud to see that several apps created by small companies and published by Kovalee became #1 worldwide in their fields, beating giants. Thanks to this fundraising, we’ll double down on our tech to offer the publishing model to more and more apps with great potential. It’s time to give the power back to talented app creators”

Gil Doukhan, Partner at IRIS, adds: “Except for a happy few, most apps are not profitable because gathering the full set of necessary skills to reach top positions in stores is almost impossible. Financing Kovalee, a data-driven team which excels in scaling apps to provide this service to others, while already having done it before by creating a leader in the gaming space, was a no-brainer.”

Since its creation, Kovalee has already signed 20 long-term publishing contracts with partners across the globe. Kovalee has demonstrated its expertise by putting several apps within the top 50 across many different app store categories in less than 6 months. In some cases, apps’ annual recurring revenue increased from $0.2m to $2m+ in less than a year. International at its heart, Kovalee already counts employees from 13+ countries and most of its partners are located outside of Europe.

Paris, March 15, 2023 - Today, Kovalee, the leading European mobile app publisher, announces its €8 million Series A funding round. The investment is led by European VC IRIS, alongside Breega and Bpifrance, through its digital venture fund, with the participation of individuals including Alan Fung, former Director of Performance Marketing at King and Alexandre Berriche, co-founder and CEO of Fleet and Sequoia Capital scout. This new round will support the company’s R&D efforts in the development of its unique in-house prediction and automation technologies as well as the recruitment of new international mobile experts and developers with the objective to double the team’s size by the end of 2023.

Kovalee successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market. Leveraging AI, Machine Learning and their unique prediction and automation in-house technologies, Kovalee’s promise is to transform any app into a worldwide leader in its category.

Kovalee’s publishing model is based on long-term profit-sharing partnerships with the app creators. While app creators focus on content, Kovalee brings to the table all the tools and expertise necessary to scale an app during its lifetime: User Experience (UX), User Acquisition (UA), App Store Optimization (ASO) and Monetization.

Vincent Hart de Keating, CEO of Kovalee says: “We’re proud to see that several apps created by small companies and published by Kovalee became #1 worldwide in their fields, beating giants. Thanks to this fundraising, we’ll double down on our tech to offer the publishing model to more and more apps with great potential. It’s time to give the power back to talented app creators”

Gil Doukhan, Partner at IRIS, adds: “Except for a happy few, most apps are not profitable because gathering the full set of necessary skills to reach top positions in stores is almost impossible. Financing Kovalee, a data-driven team which excels in scaling apps to provide this service to others, while already having done it before by creating a leader in the gaming space, was a no-brainer.”

Since its creation, Kovalee has already signed 20 long-term publishing contracts with partners across the globe. Kovalee has demonstrated its expertise by putting several apps within the top 50 across many different app store categories in less than 6 months. In some cases, apps’ annual recurring revenue increased from $0.2m to $2m+ in less than a year. International at its heart, Kovalee already counts employees from 13+ countries and most of its partners are located outside of Europe.

Paris, March 15, 2023 - Today, Kovalee, the leading European mobile app publisher, announces its €8 million Series A funding round. The investment is led by European VC IRIS, alongside Breega and Bpifrance, through its digital venture fund, with the participation of individuals including Alan Fung, former Director of Performance Marketing at King and Alexandre Berriche, co-founder and CEO of Fleet and Sequoia Capital scout. This new round will support the company’s R&D efforts in the development of its unique in-house prediction and automation technologies as well as the recruitment of new international mobile experts and developers with the objective to double the team’s size by the end of 2023.

Kovalee successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market. Leveraging AI, Machine Learning and their unique prediction and automation in-house technologies, Kovalee’s promise is to transform any app into a worldwide leader in its category.

Kovalee’s publishing model is based on long-term profit-sharing partnerships with the app creators. While app creators focus on content, Kovalee brings to the table all the tools and expertise necessary to scale an app during its lifetime: User Experience (UX), User Acquisition (UA), App Store Optimization (ASO) and Monetization.

Vincent Hart de Keating, CEO of Kovalee says: “We’re proud to see that several apps created by small companies and published by Kovalee became #1 worldwide in their fields, beating giants. Thanks to this fundraising, we’ll double down on our tech to offer the publishing model to more and more apps with great potential. It’s time to give the power back to talented app creators”

Gil Doukhan, Partner at IRIS, adds: “Except for a happy few, most apps are not profitable because gathering the full set of necessary skills to reach top positions in stores is almost impossible. Financing Kovalee, a data-driven team which excels in scaling apps to provide this service to others, while already having done it before by creating a leader in the gaming space, was a no-brainer.”

Since its creation, Kovalee has already signed 20 long-term publishing contracts with partners across the globe. Kovalee has demonstrated its expertise by putting several apps within the top 50 across many different app store categories in less than 6 months. In some cases, apps’ annual recurring revenue increased from $0.2m to $2m+ in less than a year. International at its heart, Kovalee already counts employees from 13+ countries and most of its partners are located outside of Europe.

Kovalee raises €8m in Series A funding
About Kovalee

Kovalee is the leading European mobile app publisher. The start-up successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market. Leveraging AI, Machine Learning and their unique prediction and automation in-house technologies, Kovalee’s promise is to transform any app into a worldwide leader in its category.

Kovalee’s publishing model is based on long-term profit-sharing partnerships with the app creators. While app creators focus on content, Kovalee brings to the table all the tools and expertise necessary to scale an app during its lifetime: User Experience (UX), User Acquisition (UA), App Store Optimization (ASO) and Monetization. Kovalee already signed 20 long-term publishing contracts with partners across the globe and demonstrated its expertise by putting several apps within the top 50 across many different app store categories in less than 6 months.

Kovalee already counts employees from 13+ countries and most of its partners are located outside of Europe.

Kovalee successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market
Kovalee raises €8m in Series A funding
NEWS

Kovalee raises €8m in Series A funding

close button

Kovalee successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market

Paris, March 15, 2023 - Today, Kovalee, the leading European mobile app publisher, announces its €8 million Series A funding round. The investment is led by European VC IRIS, alongside Breega and Bpifrance, through its digital venture fund, with the participation of individuals including Alan Fung, former Director of Performance Marketing at King and Alexandre Berriche, co-founder and CEO of Fleet and Sequoia Capital scout. This new round will support the company’s R&D efforts in the development of its unique in-house prediction and automation technologies as well as the recruitment of new international mobile experts and developers with the objective to double the team’s size by the end of 2023.

Kovalee successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market. Leveraging AI, Machine Learning and their unique prediction and automation in-house technologies, Kovalee’s promise is to transform any app into a worldwide leader in its category.

Kovalee’s publishing model is based on long-term profit-sharing partnerships with the app creators. While app creators focus on content, Kovalee brings to the table all the tools and expertise necessary to scale an app during its lifetime: User Experience (UX), User Acquisition (UA), App Store Optimization (ASO) and Monetization.

Vincent Hart de Keating, CEO of Kovalee says: “We’re proud to see that several apps created by small companies and published by Kovalee became #1 worldwide in their fields, beating giants. Thanks to this fundraising, we’ll double down on our tech to offer the publishing model to more and more apps with great potential. It’s time to give the power back to talented app creators”

Gil Doukhan, Partner at IRIS, adds: “Except for a happy few, most apps are not profitable because gathering the full set of necessary skills to reach top positions in stores is almost impossible. Financing Kovalee, a data-driven team which excels in scaling apps to provide this service to others, while already having done it before by creating a leader in the gaming space, was a no-brainer.”

Since its creation, Kovalee has already signed 20 long-term publishing contracts with partners across the globe. Kovalee has demonstrated its expertise by putting several apps within the top 50 across many different app store categories in less than 6 months. In some cases, apps’ annual recurring revenue increased from $0.2m to $2m+ in less than a year. International at its heart, Kovalee already counts employees from 13+ countries and most of its partners are located outside of Europe.

Paris, March 15, 2023 - Today, Kovalee, the leading European mobile app publisher, announces its €8 million Series A funding round. The investment is led by European VC IRIS, alongside Breega and Bpifrance, through its digital venture fund, with the participation of individuals including Alan Fung, former Director of Performance Marketing at King and Alexandre Berriche, co-founder and CEO of Fleet and Sequoia Capital scout. This new round will support the company’s R&D efforts in the development of its unique in-house prediction and automation technologies as well as the recruitment of new international mobile experts and developers with the objective to double the team’s size by the end of 2023.

Kovalee successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market. Leveraging AI, Machine Learning and their unique prediction and automation in-house technologies, Kovalee’s promise is to transform any app into a worldwide leader in its category.

Kovalee’s publishing model is based on long-term profit-sharing partnerships with the app creators. While app creators focus on content, Kovalee brings to the table all the tools and expertise necessary to scale an app during its lifetime: User Experience (UX), User Acquisition (UA), App Store Optimization (ASO) and Monetization.

Vincent Hart de Keating, CEO of Kovalee says: “We’re proud to see that several apps created by small companies and published by Kovalee became #1 worldwide in their fields, beating giants. Thanks to this fundraising, we’ll double down on our tech to offer the publishing model to more and more apps with great potential. It’s time to give the power back to talented app creators”

Gil Doukhan, Partner at IRIS, adds: “Except for a happy few, most apps are not profitable because gathering the full set of necessary skills to reach top positions in stores is almost impossible. Financing Kovalee, a data-driven team which excels in scaling apps to provide this service to others, while already having done it before by creating a leader in the gaming space, was a no-brainer.”

Since its creation, Kovalee has already signed 20 long-term publishing contracts with partners across the globe. Kovalee has demonstrated its expertise by putting several apps within the top 50 across many different app store categories in less than 6 months. In some cases, apps’ annual recurring revenue increased from $0.2m to $2m+ in less than a year. International at its heart, Kovalee already counts employees from 13+ countries and most of its partners are located outside of Europe.

Paris, March 15, 2023 - Today, Kovalee, the leading European mobile app publisher, announces its €8 million Series A funding round. The investment is led by European VC IRIS, alongside Breega and Bpifrance, through its digital venture fund, with the participation of individuals including Alan Fung, former Director of Performance Marketing at King and Alexandre Berriche, co-founder and CEO of Fleet and Sequoia Capital scout. This new round will support the company’s R&D efforts in the development of its unique in-house prediction and automation technologies as well as the recruitment of new international mobile experts and developers with the objective to double the team’s size by the end of 2023.

Kovalee successfully adapted and improved the game publishing model to reshape and transform the ~$260bn non-gaming mobile app market. Leveraging AI, Machine Learning and their unique prediction and automation in-house technologies, Kovalee’s promise is to transform any app into a worldwide leader in its category.

Kovalee’s publishing model is based on long-term profit-sharing partnerships with the app creators. While app creators focus on content, Kovalee brings to the table all the tools and expertise necessary to scale an app during its lifetime: User Experience (UX), User Acquisition (UA), App Store Optimization (ASO) and Monetization.

Vincent Hart de Keating, CEO of Kovalee says: “We’re proud to see that several apps created by small companies and published by Kovalee became #1 worldwide in their fields, beating giants. Thanks to this fundraising, we’ll double down on our tech to offer the publishing model to more and more apps with great potential. It’s time to give the power back to talented app creators”

Gil Doukhan, Partner at IRIS, adds: “Except for a happy few, most apps are not profitable because gathering the full set of necessary skills to reach top positions in stores is almost impossible. Financing Kovalee, a data-driven team which excels in scaling apps to provide this service to others, while already having done it before by creating a leader in the gaming space, was a no-brainer.”

Since its creation, Kovalee has already signed 20 long-term publishing contracts with partners across the globe. Kovalee has demonstrated its expertise by putting several apps within the top 50 across many different app store categories in less than 6 months. In some cases, apps’ annual recurring revenue increased from $0.2m to $2m+ in less than a year. International at its heart, Kovalee already counts employees from 13+ countries and most of its partners are located outside of Europe.

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