VerticalScope

VerticalScope

Operates cloud-based platform for online communities

About VerticalScope

Simplify's Rating
Why VerticalScope is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Consumer Software

Consumer Goods

Company Size

51-200

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1999

Overview

VerticalScope builds and operates a cloud-based digital platform for online enthusiast communities, focusing on areas like automotive, outdoor activities, and technology. The company acquires established online forums, integrating them into its platform to leverage existing user bases and content. This strategy allows VerticalScope to efficiently scale while preserving the unique characteristics of each community. It generates revenue primarily through advertising, targeting the highly engaged audiences of these niche communities, and through premium memberships that offer enhanced features and an ad-free experience. VerticalScope aims to serve passionate users by providing a space for their interests and fostering community engagement.

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Simplify's Take

What believers are saying

  • VerticalScope ranks in Comscore's Top 10 Social Media Platforms in North America.
  • Integration with The Trade Desk's OpenPath enhances advertising capabilities on the platform.
  • Acquisition of Threadloom boosts data-driven tools for community engagement and analytics.

What critics are saying

  • Emerging niche platforms could erode VerticalScope's market share.
  • Technical challenges may arise from integrating Threadloom's data-driven tools.
  • Reliance on advertising revenue makes VerticalScope vulnerable to digital ad trends.

What makes VerticalScope unique

  • VerticalScope specializes in cloud-based platforms for niche online communities.
  • The company has a strong acquisition strategy to expand its community network.
  • VerticalScope offers premium memberships for enhanced user experiences and ad-free browsing.

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Funding

Total Funding

$105.6M

Above

Industry Average

Funded Over

1 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

401(k) Retirement Plan

Stock Options

Paid Holidays

Flexible Work Hours

Unlimited Paid Time Off

Parental Leave

Disability Insurance

Mental Health Support

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-1%
Business Wire
Oct 8th, 2024
VerticalScope Refinances Its Existing Senior Secured Credit Facility

VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF) announced today that it had entered into a second amended and

Simply Wall St
May 10th, 2024
Earnings Beat: VerticalScope Holdings Inc. (TSE:FORA) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts

VerticalScope Holdings Inc. (TSE:FORA) just released its quarterly report and things are looking bullish.

Business Wire
May 1st, 2024
VerticalScope Partners with The Trade Desk to Integrate OpenPass and OpenPath

VerticalScope is also integrating with The Trade Desk's OpenPath, a solution that will give advertisers a direct path to VerticalScope's premium platform.

Business Wire
Dec 9th, 2022
Verticalscope Hits Top 10 List For Social Media Platforms In North America

TORONTO--(BUSINESS WIRE)--VerticalScope Holdings Inc. (the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, is excited to announce that its subsidiary VerticalScope Inc. (“VerticalScope”) has been listed in Comscore’s ranking of “Top 10 Social Media Platforms” in both Canada and the U.S. This positions VerticalScope alongside popular consumer brands like Reddit, Twitter, Facebook, and Pinterest.Comscore is a trusted partner for planning, transacting, and evaluating media across platforms. Advertisers and agencies utilize Comscore’s data science to help them identify the websites that will maximize their advertising reach.Comscore Ranked Categories - Social Media - U.S. .

Talk Parrotlets
Mar 3rd, 2022
VerticalScope Inc. launches UV light

VerticalScope Inc. also introduced a UV light.

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