# Kevin EU, UAB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kevin-eu-uab

- Industry: Financial Services
- Headquarters: Vilnius, Lithuania
- Website: www.kevin.eu
- Total disclosed funding: $75M
- Latest round: Series A (May 3, 2022)
- Investors on record: 5

## About

Kevin EU, UAB is a digital engagement company that focuses on enhancing interactions between brands and consumers through innovative technology solutions and a comprehensive digital platform.Founded in 2017 in Vilnius, Lithuania, Kevin EU, UAB specializes in digital engagement solutions. The company has completed three deals, with its most recent funding round occurring on May 3, 2022. Kevin EU has been led by founders Pavel Sokolovas and Tadas Tamošiunas, with Robert Feller serving as the CEO. The company raised USD 65.00 mn in Series A funding led by Accel, with participation from OTB Ventures, Speedinvest, OpenOcean, and Global PayTech Ventures.Kevin primarily offers a suite of innovative solutions aimed at enhancing user engagement through digital platforms. The core product is a comprehensive digital interface designed to streamline interactions between brands and their target audiences, fostering deeper connections and driving customer loyalty. This platform serves a diverse range of clients, including large enterprises and small-to-medium businesses across various sectors such as retail, entertainment, and technology. Its functionalities include personalized marketing tools, analytics dashboards for performance tracking, and customer relationship management features that cater to the specific needs of end-users. Kevin's products are primarily marketed in Europe and North America, addressing the evolving demands of a digital-first consumer landscape.In the most recent financial year of 2022, Kevin generated revenue of USD 152,132.70, with an EBITDA of USD -16,002,797.20. The revenue structure is based on subscription models and partnership agreements with clients, allowing for scalability according to varying business needs.Kevin plans to utilize its recent funding of USD 65.00 mn raised in May 2022 to accelerate its growth and expand operations. The company aims to introduce new products that enhance user engagement in the upcoming year. Additionally, plans are underway to expand into new markets, specifically targeting regions within Europe and North America, to broaden its client base. This strategic investment is intended to support the development of innovative features that meet the needs of evolving digital engagement requirements.

## Funding rounds

- Series A, May 3, 2022, $65M — Accel, OpenOcean, Speedinvest, OTB Ventures, Global PayTech Ventures
- Seed, Oct 21, 2021, $10M — OpenOcean, Speedinvest, OTB Ventures, Global PayTech Ventures

## Investors

- OpenOcean (https://capitalatlas.ai/funds/openocean) — Seed, Series A
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed, Series A
- OTB Ventures (https://capitalatlas.ai/funds/otb-ventures) — Seed, Series A
- Global PayTech Ventures (https://capitalatlas.ai/funds/global-paytech-ventures) — Seed, Series A
- Accel (https://capitalatlas.ai/funds/accel) — Series A