AdRabbit

Company Overview

Snapshot

Founded in September 2015 by Nadav Daniel, Shahar Hajdu, and Max Bluvband, AdRabbit operates with 1–10 employees. The company has raised a total of $6.3 million across four funding rounds from two investors. In August 2019, AdRabbit (then AppsVillage) debuted on the ASX with an Initial Public Offering.

Business overview

AdRabbit, formerly known as AppsVillage, provides a platform that enables businesses to effortlessly create mobile applications based on their Facebook pages. The company's core technology delivers tailored apps with features customized to specific business needs. Through its admin app, AdRabbit allows businesses to manage and monitor their applications, send notifications about offers and updates, facilitate in-app purchases, engage in one-on-one customer chat, and analyze user engagement and sales. AdRabbit serves small and medium-sized businesses (SMBs) and operates within the Business Software sector, focusing on mobile applications, website building, and marketing solutions for online retailers and e-commerce.

Strategic signal

In August 2023, AdRabbit Limited announced management changes, including the CFO stepping down and a notification of a filing delay. This indicates a period of organizational transition and potential operational adjustments for the company, signaling to investors a need to monitor leadership stability and financial reporting timelines.

Company Intelligence Q&A

What is AdRabbit's primary offering?

AdRabbit provides a platform that allows businesses to easily build and manage mobile applications directly from their Facebook pages, offering tailored features for various business needs.

When was AdRabbit founded and by whom?

AdRabbit was founded in September 2015 by Nadav Daniel, Shahar Hajdu, and Max Bluvband.

What significant financial event occurred in August 2019?

In August 2019, AdRabbit (then AppsVillage) completed an Initial Public Offering on the ASX, raising $5 million with a valuation of $9.037 million.

What recent management changes did AdRabbit announce?

In August 2023, AdRabbit Limited announced management changes, including the CFO stepping down and a notification of a filing delay.

Which investor participated in AdRabbit's July 2017 funding round?

In July 2017, Jade Ventures participated in a seed funding round for AdRabbit, which was part of a $1 million raise.