# Sharekiwi Kft.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sharekiwi-kft

- Industry: Internet
- Headquarters: Budapest, Hungary
- Website: www.sharekiwi.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Jul 3, 2019)
- Investors on record: 1

## About

Sharekiwi Kft. develops innovative software and hardware solutions enabling peer-to-peer communication without internet or cellular networks, targeting outdoor enthusiasts and emergency responders in various geographical markets.Founded in 2017 and headquartered in Budapest, Hungary, Sharekiwi Kft. specializes in creating technology that allows secure communication in areas lacking traditional connectivity. The company has completed 3 deals, with its most recent funding round occurring on July 3, 2019, when it raised EUR 0.97 million in Seed funding from Hiventures. The founder's history and any prior ventures are not publicly detailed.Sharekiwi's core offering is a unique software and hardware solution that allows users to connect with other devices in the absence of internet or cellular coverage. By utilizing a mobile device's inherent hardware resources, Sharekiwi creates a virtual network that facilitates secure peer-to-peer (P2P) communication among users, with a communication range extending up to 30 kilometers. The system is enhanced by a specialized hardware integration within a smartphone case, which not only augments the functionalities available to users but also expands the operational range. Sharekiwi primarily targets outdoor enthusiasts, emergency responders, and individuals in remote areas, providing a reliable communication solution in diverse geographical markets including North America, Europe, and parts of Asia.In the most recent year, 2023, Sharekiwi reported a revenue of EUR 0.00 and an EBITDA of EUR -29,382.60. The company generates revenue through direct-to-consumer sales, primarily from its flagship smartphone-integrated hardware and software application. Each transaction is structured around individual sales of these products, enabling customers to purchase their solutions outright. The company may also explore subscription options for enhanced app functionalities or services, though specific pricing details for these offerings are not disclosed.Sharekiwi Kft. intends to leverage its recent Seed funding of EUR 0.97 million, raised on July 3, 2019, to accelerate product development. The company is focused on designing new products aimed at enhancing its communication solutions and plans to expand into new markets, specifically targeting additional regions in Europe and North America by 2024. These initiatives will utilize the funding to support product launches and market entry efforts.

## Funding rounds

- Seed, Jul 3, 2019, $1.1M — Hiventures
- Seed, Sep 27, 2018, $1.1M — Hiventures
- Seed, Dec 13, 2017, $0.3M — Hiventures

## Investors

- Hiventures (https://capitalatlas.ai/funds/hiventures) — Seed