# Croak.It

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/croak-it

- Industry: Internet
- Headquarters: Philadelphia, US
- Website: www.croak.it
- Total disclosed funding: $0M
- Latest round: Seed (Dec 10, 2013)
- Investors on record: 1

## About

Croak.It offers innovative digital communication solutions, focusing on enhancing user engagement through advanced audio messaging technology, enabling users to create and share voice messages effectively.Croak.It, founded in 2012 in Philadelphia, US, specializes in audio messaging solutions. The company underwent an acquisition by Exotel TechcomZayo on February 3, 2015, although financial details were not disclosed. The firm has successfully completed 2 deals to date. The latest funding was a Seed round amounting to USD 40,000, raised in February 2015 from Start-up Chile, bringing the total amount raised to USD 40,000.Croak.It specializes in innovative digital communication solutions aimed at enhancing user engagement through advanced audio messaging technology. The company's core offering allows users to create and share voice messages seamlessly, catering primarily to the needs of businesses and individual users who seek a more personal touch in their communications. The service is designed to address the growing demand for efficient and effective messaging tools in both professional and social contexts, facilitating quick exchanges of information while maintaining an intimate user experience. Croak.it's customer base spans various sectors, including education, marketing, and remote work, with users primarily located in North America, Europe, and Asia. The platform's versatility and user-friendly interface make it suitable for a wide range of applications, from team collaborations to customer outreach.Croak.It generates revenue through a subscription-based model tailored to meet the varying needs of its clientele. The company offers tiered pricing plans that provide different levels of access to its audio messaging features, allowing clients to choose options based on their specific usage requirements. Business-to-business transactions significantly contribute to Croak.it's revenue structure, with corporate clients purchasing licenses for team use, while individual consumers can opt for personal subscriptions. This model facilitates recurring revenue streams while fostering long-term relationships with both businesses and end-users. The flagship product, renowned for its ease of use and innovative features, serves as a critical component of the company's overall financial health.Croak.It aims to launch new features in its audio messaging platform by the end of 2023. The company is targeting expansion into the European and Asian markets, with plans to establish a presence in key countries by mid-2024. The recent Seed round funding of USD 40,000 will support these initiatives, particularly in enhancing product development and market entry strategies.

## Funding rounds

- Seed, Dec 10, 2013, $0M — Start-up Chile

## Investors

- Start-up Chile (https://capitalatlas.ai/funds/start-up-chile) — Seed