# nugg.ad

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nugg-ad

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.nugg.ad
- Latest round: Series C (Jul 8, 2008)
- Investors on record: 5

## About

Nugg.ad is a digital business solutions provider leveraging artificial intelligence to empower entrepreneurs through tailored resources and guidance for online income generation.Founded in 2006 and headquartered in Berlin, Germany, nugg.ad specializes in digital solutions for entrepreneurs. The company has undergone strategic pivots to enhance its service offerings, growing from a focus on digital marketing to providing comprehensive resources for online business development. In August 2010, Deutsche Post acquired nugg.ad for an undisclosed sum. The founder's prior entrepreneurial experience is not documented in the available data.Nugg.ad offers a comprehensive suite of digital business solutions focused on leveraging artificial intelligence to empower entrepreneurs. Their core offerings include exclusive guides and premium resources designed to help users generate online income within a 30-day timeframe. The company's services are tailored for both aspiring digital entrepreneurs seeking to establish their online presence and those looking to enhance their existing businesses with AI-driven strategies. Nugg.ad serves a diverse clientele, including over 200 individuals who have successfully transitioned to earning income online, along with a growing community of 352 participants who engage with their content. The company primarily targets markets in Europe and North America, facilitating a range of educational and practical resources that address the operational needs of online business owners.Nugg.ad generated revenue of USD 9.64 mn in 2017, with an EBITDA of USD 2.35 mn for the same year. The company generates revenue through a combination of subscription-based models and educational partnerships, allowing clients access to a variety of premium resources and tools via a structured plan that ensures a steady flow of income from both individual subscribers and potential business partners.Nugg.ad's future growth strategy includes the development of new products designed to further support online entrepreneurs, with specific launch dates yet to be announced. The company aims to expand into additional markets across Europe and North America by the end of 2023. The funding from the acquisition in August 2010 will be utilized to support these initiatives and enhance the overall service offerings.

## Funding rounds

- Series C, Jul 8, 2008 — BMP, IBB Ventures, Rocket Internet SE, Media Ventures
- Series B, Sep 20, 2007 — BMP, IBB Ventures, VC Fonds Kreativwirtschaft Berlin, Media Ventures
- Series A, May 1, 2006 — BMP, IBB Ventures

## Investors

- BMP (https://capitalatlas.ai/funds/bmp) — Series A, Series B, Series C
- IBB Ventures (https://capitalatlas.ai/funds/ibb-ventures) — Series A, Series B, Series C
- VC Fonds Kreativwirtschaft Berlin — Series B
- Media Ventures (https://capitalatlas.ai/funds/media-ventures) — Series B, Series C
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series C