Algomi
Financials
Estimates*
| GBP | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenues | 3.5m | 9.4m | 5.4m | 6.7m | 5.1m | 3.8m | <1m |
| % growth | - | 165 % | (42 %) | 22 % | (23 %) | (26 %) | (78 %) |
| EBITDA | (8.5m) | (14.1m) | (10.6m) | (4.2m) | (4.2m) | (2.5m) | (3.7m) |
| % EBITDA margin | (240 %) | (151 %) | (195 %) | (63 %) | (81 %) | (65 %) | (443 %) |
| Profit | (8.8m) | (15.5m) | (10.6m) | (4.0m) | (4.2m) | (2.7m) | (3.7m) |
| % profit margin | (249 %) | (166 %) | (195 %) | (61 %) | (82 %) | (71 %) | (443 %) |
| R&D budget | - | 7.5m | 4.2m | 5.0m | 3.3m | - | - |
| R&D % of revenue | - | 80 % | 77 % | 75 % | 65 % | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
N/A | Series A | ||
N/A | Series B | ||
N/A | Support Program | ||
$4.0m | Debt | ||
* | €9.1m | Late VC | |
N/A | Late VC | ||
| N/A | N/A | Late VC | |
N/A | Acquisition | ||
| Total Funding | CAD13.7m | ||
Related Content
Recent News about Algomi
EditAlgomi is a software company that specializes in providing advanced technology solutions for participants in the bond market. Founded in 2012, the company has established offices in key financial hubs such as New York, London, and Hong Kong. Algomi's primary mission is to enhance the workflow and liquidity of bond market participants through data aggregation, pre-trade information analysis, and execution facilitation.
The bond market is a complex environment where buyers (buy-side) and sellers (sell-side) need efficient tools to manage their trades. Algomi serves both these groups, as well as exchanges where bonds are traded. By aggregating market data and providing insightful analysis before trades are made, Algomi helps its clients make more informed decisions. This leads to better liquidity, which means that bonds can be bought and sold more easily and at better prices.
Algomi's business model revolves around selling its software solutions to financial institutions, including top-tier banks and asset managers. These clients pay for Algomi's technology because it helps them navigate the structural changes in the bond market, making their trading processes more efficient and effective. The company has also partnered with platforms like Liquidnet and Trumid to enable seamless order execution, further enhancing its value proposition.
In summary, Algomi makes money by offering indispensable technology that improves the trading workflow and liquidity in the bond market. Its solutions are particularly valuable to buy-side managers, sell-side traders, and exchanges, making it a crucial player in the financial technology space.
Keywords: bond market, data aggregation, pre-trade analysis, execution facilitation, liquidity, buy-side, sell-side, exchanges, financial technology, workflow improvement.