Thuneberg identified three companies as the most frequently encountered competitors: Funnel, a Swedish company; Adverity, an Austrian company; and Fivetran, a US company. He noted Fivetran is encountered less frequently than the other two.
Thuneberg observed that several competitors had raised funding rounds at higher revenue multiples than Supermetrics received in its 2020 round, despite what he described as weaker underlying metrics. These figures are Thuneberg's characterization of competitors and are not confirmed by those companies. When asked about acquiring Funnel, Thuneberg said the company was looking at acquisition targets but that Funnel was not on the list.