Favik

Favik

An online platform that sets business for influencers.

HQ location
Buenaventura, Colombia
Website
Launch date
Employees
Enterprise value
$8—12m
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Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
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Source: Dealroom estimates

More about Favik
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Favik is a Colombian startup specializing in the creation and exponential scaling of native digital brands, particularly for influencers and content creators. Operating primarily in the digital marketing and branding sector, Favik partners with clients to transform their ideas into profitable brands. The company serves a diverse range of clients, including social media influencers, content creators, and digital entrepreneurs, helping them to monetize their online presence effectively. Favik's business model revolves around a partnership approach, where they work closely with clients to develop and grow their brands, sharing in the revenue generated. This model ensures that both Favik and its clients benefit from the success of the brand. The company generates revenue through a combination of service fees and a share of the profits from the brands they help create and scale. Favik's recent investment round has provided the capital needed to expand its operations and enhance its service offerings, positioning it for significant growth in the digital branding market.

Keywords: digital branding, influencers, content creators, brand scaling, partnership model, revenue sharing, digital marketing, Colombian startup, investment, online presence.

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