Online infographic creation tool Piktochart earned USD200k in revenue since March
December 10, 2012 by Terence LEE
Piktochart, a Malaysia-based startup with an online infographic creation tool, has announced today at the Open Web Asia 2012 conference in Hainan, China that it has earned USD200k in revenue from March 2012 to now.
According to co-founder and CEO Goh Ai Ching, almost all of Piktochart’s revenue comes from its premium accounts. The startup has been cash flow positive since June this year.
Since bursting onto the tech scene in July 2011 through Chinaccelerator, where they received USD30k in equity seed funding and mentorship, the company has quickly ticked off a list of accomplishments.
It launched an open beta version in November 2011, then scored fifth place at Startups in Asia and won first prize at GIST, a Malaysian startup bootcamp. It had around 2,000 signups and 4 team members in March, but it has since grown to 100,000 signups and a team of ten by November 2012. The company also unveiled premium versions of its tool, which enables more themes, image uploads, and customizations.
At this moment, the team is busy working on version two of its web app. One key new feature is interactive infographics, which will allow readers to customize what they want to see. Users will also be able to insert links and monitor how readers behave.
Piktochart is co-founded by CTO Andrea Zaggia. Besides funding from Chinaccelarator, it received a USD140k grant from the Malaysia government’s Cradle Fund. It boasts users such as Harvard University, Red Bull, Deloitte, and Marriot.
Find out more about SGE’s research arm: SGE Insights, providing customized in-depth research reports to help you navigate the business of technology in Asia.
About The Author
Terence LEE - Editor
Terence writes mainly about technology trends and startups in Asia. He believes in crafting smart content: Not just a regurgitation of text, but well thought-out pieces that serve the reader using a combination of data, design, narratives, analysis, and visual impact. His articles have been published on Venturebeat, Yahoo!, Straits Times, Today, and The Online Citizen. He also co-founded NewNation.sg, a satirical news site covering Singapore affairs. Engage him on LinkedIn and Twitter.Read other posts by Terence LEE