Nitrogram Raises $1M To Mine The Growing Instagram Eco-System For Businesses

Mike Butcher

Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

Monday, November 26th, 2012
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The social media analytics space continues to grow, and and we’ve seen the likes of Statigram do cool things but with a B2C orientation. Olapic and Chute are putting customer photos and social media on clients’ sets. Now a startup called Teleportd has used its experience with social, location-based photos to come up with a B2B play – perhaps going a slightly more lucrative route, as many other B2C startups have. Its Nitrogram product attempts to make sense of Instagram photos for brands. The company is also announcing a fund-raising of $1million from European VC Connect Ventures and U.S.-based Betaworks.

Nitrogram, launched in October, is a marketing and social engagement platform for brands to better analyse and use the earned media they are generating on Instagram.

Co-founder Gabriel Hubert says, “Brands are excited to get access to the photos around their products. They want to engage with customers, through campaigns like Ben & Jerry’s recent #captureeuphoria photo contest.” He says the service has already signed up four of the leading 10 brands on Instagram, and is growing its user base by 20 percent weekly. For instance, they say the UK toy store #Hamleys was still beating #faoschwarz in the number of photos (1,406 vs. 303) and reach (236K vs. 65K) over the past month.

Teleportd emerged out of European accelerator Seedcamp, and also has a small group of angels, such as Seatwave CEO Joe Cohen and early Skype employee and Transferwise CEO Taavet Hinrikus.


Company: Nitrogram
Website: nitrogr.am
Launch Date: June 1, 2011
Funding: €1.05M

Nitrogram = Explosive Analytics and Engagement Platform on Instagram. Brands use Nitrogram to discover, monitor and boost their community on Instagram (currently 100M+ active users) With Nitrogram: Measure, analyze and benchmark your audience on Instagram (followers, engagement). Get recommendations to increase the performance of your posts. Track Instagram photos posted on a #hashtag related to your brand. Identify your brands’ advocates and measure their impact (likes generated, potential impressions). Interact with fans or followers. Manage all of your Instagram accounts from a...

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