Omg Digital

company

About

OMG Digital creates digital editorial brands for African millennials.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$1.10M
Industries
Digital Marketing,Marketing,Social Media Management
Founded date
Jan 1, 2016
Number Of Employee
1 - 10
Operating Status
Active

OMG Digital creates digital editorial brands for African millennials. It has been hailed as the
"Buzzfeed of Africa" for its millenial-targeted content.

Like BuzzFeed and other similar companies, OMG Digital monetizes through digital marketing. Currently 80 percent of its ad sales are from banner ads, but as in other markets, its advertisers are seeing a smaller return on investment and looking for alternatives that are more suited to mobile screens (about 90 percent of OMG Digital’s users access its content through mobile devices, in particular Android smartphones).

About 60 percent of OMG Digital users are between 18 to 24 years old and one of its value propositions is helping overseas companies figure out how to reach young African consumers in different markets (for example, in some countries Twitter is more popular than Facebook, so localized strategies need to take that into account). OMG Digital has already partnered with Coca Cola, Huawei, KFC, Philips, Pringles, and several of Africa’s largest telecoms, including MTN, on marketing campaigns and sponsored content.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$1.10M
Omg Digital has raised a total of $1.10M in funding over 2 rounds. Their latest funding was raised on Jun 26, 2017 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 26, 2017 Seed $1.10M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Omg Digital is funded by 1 investors. M & Y Growth Partners are the most recent investors.
Investor Name Lead Investor Funding Round
M & Y Growth Partners Seed