Company Growth (employees)
Blippar was founded in 2011 and is headquartered in London, GB
Key People at Blippar
Ambarish Mitra
Founder & CEO
Omar Tayeb
Founder
Jessica Butcher
Co-Founder & Director
Lisa Hu
Senior Vice President
Blippar Office Locations
Blippar has offices in London, New York, San Francisco, Mountain View and in 6 other locations
London, GB (HQ)
1 London Bridge
Gurugram, IN
Unit No. 802, 8th Floor, BPTP Park Centra, NH8
Chicago, US
20 W Kinzie St
Los Angeles, US
5792 W Jefferson Blvd
Mountain View, US
100 W Evelyn Ave
San Francisco, US
340 Pine St
Blippar Data and Metrics
Summary Metrics
Founding Date | 2011 |
Total Funding | $99 m |
Latest funding size | $54 m |
Time since last funding | over 1 year |
Investors | Qualcomm Ventures, Khazanah Nasional Berhad |
Blippar's latest funding round in March 2016 was reported to be $54 m. In total, Blippar has raised $99 m. Blippar's latest valuation is reported to be £232 m.
Blippar Financial Metrics
Blippar's revenue was reported to be £8.5 m in FY, 2016 which is a 91% increase from the previous period.
GBP
Revenue (FY, 2016) | 8.5 m |
Gross profit (FY, 2016) | 2.5 m |
Gross profit margin (FY, 2016), % | 30% |
Net income (FY, 2016) | (26.1 m) |
EBIT (FY, 2016) | (26.1 m) |
Market valuation | 232 m |
Cash (30-Nov-2014) | 1.4 m |
- Source: Company Filings, Guardian, Business Insider, Company Filings, 16 month prior to March 2016
| GBP | Y, 2013 | FY, 2014 | FY, 2016 |
|---|---|---|---|
Revenue | 3.1 m | 4.5 m | 8.5 m |
Revenue growth, % | 45% | ||
Cost of goods sold | 1.4 m | 2.3 m | 6 m |
Gross profit | 1.7 m | 2.1 m | 2.5 m |
Gross profit Margin, % | 55% | 48% | 30% |
General and administrative expense | 1.6 m | 7.1 m | 28.6 m |
Operating expense total | 1.6 m | 7.1 m | 28.6 m |
EBIT | 99.1 k | (5 m) | (26.1 m) |
EBIT margin, % | 3% | (111%) | (307%) |
Interest expense | 42 k | 13.1 k | 45.6 k |
Interest income | 91 | 3.9 k | 21.1 k |
Pre tax profit | 57.2 k | (5 m) | (26.1 m) |
Income tax expense | 9.7 k | ||
Net Income | 57.2 k | (5 m) | (26.1 m) |
| GBP | FY, 2014 |
|---|---|
Cash | 1.4 m |
Accounts Receivable | 2 m |
Current Assets | 4.2 m |
PP&E | 252.2 k |
Goodwill | 4.2 m |
Total Assets | 8.6 m |
Accounts Payable | 254.3 k |
Current Liabilities | 1.9 m |
Total Liabilities | 1.9 m |
Retained Earnings | (5 m) |
Total Equity | 6.7 m |
Financial Leverage | 1.3 x |
| GBP | FY, 2014 |
|---|---|
Cash From Operating Activities | (5.1 m) |
Cash From Financing Activities | 10.2 m |
| GBP | Y, 2016 |
|---|---|
Revenue/Employee | 32.2 k |
Blippar Operating Metrics
Blippar's Monthly Users was reported to be 65 m in Apr, 2017. Blippar's Monthly Active Users was reported to be 504 k in 2015
- Source: Business Insider
Blippar Revenue Breakdown
Blippar Median Salaries
Source: 17 public H-1B filings from Blippar
Market Position of Blippar
Traffic Overview of Blippar
Blippar Online and Social Media Presence
Blippar News and Updates
April 15, 2017
Blippar, once valued at £1 billion, has burned through huge amounts of cash and is struggling to find recurring revenue
Blippar, one of the best-funded tech startups in the UK, is burning through cash, has low user engagement numbers, and is struggling to nail down its business model, former employees have told Business Insider.April 15, 2017
Blippar, once valued at £1 billion, has burned through huge amounts of cash and is struggling to find recurring revenue
Blippar has gone through several pivots since it was founded as an augmented reality startup in 2010.
Sources tell Business Insider the company has burned through millions in the process.
Blippar has raised £79 million in investment so far but will soon need more cash, acc…
March 16, 2017
The CEO of Blippar has been accused of making misleading claims about his life story
The CEO of London augmented reality startup Blippar, Ambarish Mitra, has quietly updated his LinkedIn profile after a Financial Times investigation found he had made some misleading statements about his life story.
Mitra updated his profile to alter the dates he was studyin…
December 06, 2016
Facial scan app wants to get to know you
Augmented reality app Blippar can now recognise the faces of 70,000 public figures.
December 06, 2016
AR startup Blippar added real-time facial recognition to its app
Blippar, the AR (augmented reality) startup aiming to build a visual catalog of every object in the world, has added real-time facial recognition technology to its mobile app, allowing users to create "Augmented Reality Face Profiles."
The new technology enables users to sc…
November 20, 2016
Sony, Kabam, and Blippar: AR is the gateway drug to VR
Sony’s launch of its PlayStation VR (PSVR) headset could mark an inflection point in virtual reality’s steady march toward mainstream adoption. The headset is compatible with the wildly popular PS4 platform; at $500, it’s being offered at a reasonable price point (and one that’s less expensive than …