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Metric

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AI that automates Meta and Google ads for Shopify e-commerce brands

Oslo, NorwayFounded 2023Marketing
Valuation $50–100M Last recorded · 2025
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Metric and the history behind them.

About Metric

Metric is a Norwegian AI marketing company that automates multi-channel advertising for e-commerce brands—especially Shopify merchants—by recommending what to promote, when and on which channels with minimal manual campaign work. Led by CEO Amir Folkestad Habhab with COO Tarik Mustedanagic and CPO Michael Nino Evensen, the platform creates and optimises Meta and Google campaigns, manages budgets and aims to improve ROAS while onboarding hundreds of new clients monthly across markets including the US, Norway, UK and Australia. In March 2025 Metric raised an €8 million Series A led by investors including world chess champion Magnus Carlsen, Kahoot founder Johan Brand and agency TRY, with MP Pensjon, Kvantia, Altitude Capital and Marketer Group (which also committed about €3 million in technology and resources). Capital funds AI and infrastructure upgrades plus a fully automated Shopify marketing product. Sources: Tech Startups 11 Mar 2025; metric.tech.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2023
Headquarters
Oslo, Norway
Employees
27
Open positions
None listed
Dealroom signal
54.1/100
Industry
Marketing
Sub-industry
CRM & Sales
Sector
Marketing
Business model
SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Feb 2025 $8.8M $35M Magnus Carlsen · Try Apt · Johan Brand · MP Pensjon ↗
SEED✓Equity / VC Jun 2023 $1.2M $10M Try Apt ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthProfitMargin
2026
2025
2024
2023 —
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Growth signals

Metric website traffic

Latest recorded traffic for Metric is 5.2K monthly website visits, up 23.8% over the last three months. Metric's team grew 0% over the past year.

Latest monthly visits5.2K 3-month web change+23.8% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Try Apt

Series A4 investors entered at this stage

  • Magnus Carlsen
  • Johan Brand
  • MP Pensjon
  • Altitude Capital
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇳🇴 Norway · Oslo HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Metric on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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