Teavaro is a privately owned UK-based software company founded in 2014. It employs approximately 40 people and operates across the UK, Germany, and Spain. The company's primary business is providing marketing and agency technology, specifically focusing on privacy-compliant identity solutions. In 2023, Teavaro's revenue was less than $10 million.
Google announced plans to block third-party cookies in the near future, leading to a cookieless world where reading and setting third-party cookies will no longer function (date not specified). This change significantly impacts the future of customer data collection. The challenge of creating a single customer view and its link to identity resolution were examined (date not specified). Personalizing services or products based on customer needs has been a goal, but the internet, cloud computing, and machine learning have recently provided businesses with expanded opportunities (date not specified). Customer data-supported marketing is increasingly important, allowing for direct and specific communication with customers, replacing the previous reliance on broad advertising messages (date not specified). The efficiency of Utiq for digital marketing on the open internet is explained by the challenges of personalized advertising due to the dominance of walled gardens and the phasing out of third-party cookies (date not specified). Customer engagement is defined as a lasting relationship between customers and companies, aiming to transform customers into active brand participants (date not specified).
Teavaro's customers primarily consist of telecoms companies. Examples of Teavaro's customers include Deutsche Telekom, Telefónica and Vodafone. Teavaro has partners like Utiq.