Rover
Financials
Estimates*
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 95.1m | 48.8m | 110m | 174m | 232m | 284m | 341m |
| % growth | - | (49 %) | 125 % | 58 % | 33 % | 23 % | 20 % |
| EBITDA | (38.4m) | (33.6m) | (2.7m) | (13.7m) | 47.3m | 57.2m | 75.2m |
| % EBITDA margin | (40 %) | (69 %) | (2 %) | (8 %) | 20 % | 20 % | 22 % |
| Profit | (51.7m) | (57.5m) | (64.0m) | (22.0m) | 16.5m | 21.8m | 32.5m |
| % profit margin | (54 %) | (118 %) | (58 %) | (13 %) | 7 % | 8 % | 10 % |
| EV / revenue | - | - | 13.0x | 2.4x | 7.6x | 6.0x | 4.7x |
| EV / EBITDA | - | - | -527.6x | -31.0x | 37.5x | 29.7x | 21.4x |
| R&D budget | 22.1m | 22.6m | 22.7m | 27.5m | - | - | - |
| R&D % of revenue | 23 % | 46 % | 21 % | 16 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$12.0m | Series C | ||
N/A | Series D | ||
$25.0m | Series D | ||
$40.0m | Series E | ||
$65.0m | Series F | ||
* | $125m Valuation: $970m | Late VC | |
$30.0m | Debt | ||
| N/A | $50.0m Valuation: $1.4b 27.7x EV/LTM Revenues -40.1x EV/LTM EBITDA | SPAC Private Placement | |
$275m Valuation: $1.4b 27.7x EV/LTM Revenues -40.1x EV/LTM EBITDA | SPAC IPO | ||
* | $2.3b Valuation: $2.3b 13.2x EV/LTM Revenues -168.3x EV/LTM EBITDA | Buyout | |
| Total Funding | €301m | ||
Recent News about Rover
EditRover.com is a dynamic startup operating in the pet care market, catering to pet owners and pet lovers. The company offers a wide range of pet care products and accessories, including toys, treats, grooming supplies, and personalized items. Rover.com serves a diverse clientele, from dog and cat owners to individuals seeking unique gifts for pet enthusiasts.
The business model of Rover.com is primarily e-commerce, where customers can browse and purchase products directly from their website. The company curates a collection of high-quality pet care items, ensuring that pet owners have access to the latest and most innovative products on the market. This model allows Rover.com to reach a broad audience, leveraging the convenience of online shopping.
Rover.com generates revenue through the sale of its products. The website features various categories such as apparel, accessories, home decor, and cleaning supplies, all tailored to meet the needs of pets and their owners. Additionally, the company offers specialized collections like personalized items and seasonal favorites, which help to attract repeat customers and drive sales.
By focusing on the pet care market, Rover.com taps into a growing industry with a strong demand for quality pet products. The company's emphasis on customer favorites, new arrivals, and top sellers ensures that it stays relevant and competitive. Moreover, the inclusion of unique items like puzzle toys and lick mats addresses specific pet needs, such as boredom and anxiety, further enhancing its appeal to pet owners.
In summary, Rover.com is a thriving e-commerce platform dedicated to providing pet owners with a curated selection of pet care products and accessories. The company's business model revolves around online sales, and it makes money by offering a diverse range of high-quality items that cater to the needs and preferences of pets and their owners.
Keywords: pet care, e-commerce, pet accessories, dog toys, cat treats, grooming supplies, personalized items, online shopping, pet gifts, innovative products.
