GoPro, Inc.

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GoPro, Inc. - overview

Established

2002

Location

San Mateo, CA, US

Primary Industry

Consumer Products

About

Based in the US, GoPro, Inc. specializes in the design and manufacturing of high-performance cameras and accessories, focusing on action cameras for adventure enthusiasts and content creators. GoPro, Inc. manufactures cameras and is headquartered in San Mateo, US.


The company was founded in 2002 by Abanoub Ghabour and Marshall Miller. Its most recent funding round was an IPO on June 26, 2014, raising USD 427 mn by selling 17. 8 million shares at USD 24 each, totaling USD 427 mn raised over 5 deals. GoPro Inc.


specializes in the design and manufacturing of high-performance cameras and associated accessories, particularly action cameras for adventure enthusiasts. Their flagship products include the HERO series, such as the HERO13 Black and MAX2 360, known for durability and advanced features like HyperSmooth Pro stabilization. GoPro markets its products globally, targeting both individual consumers and professionals, to capture immersive content across various environments. In the most recent fiscal year 2024, GoPro generated revenue of USD 801.


47 mn and recorded an EBITDA of USD -128. 54 mn. Revenue is derived from direct-to-consumer sales, partnerships, and a subscription model offering premium services and discounts, appealing to a diverse consumer base. GoPro plans to enhance its product lineup with the upcoming HERO series cameras and expand its presence in international markets, targeting regions in Asia and Europe by 2025.


The funds raised in the 2014 IPO will support these initiatives and drive product innovation, as GoPro continues to adapt to the evolving demands of consumers and content creators.


Current Investors

US Venture Partners, Walden Catalyst, Sageview Capital

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics, Solid State Lighting (SSL), Multimedia & Graphics

Website

www.gopro.com

Verticals

Augmented Reality (AR), E-commerce, Mobile Apps, Wearables & Quantified Self

Company Stage

Mature

Total Amount Raised

Subscriber access only

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