Andel
Financials
Estimates*
EUR | 2010 | 2011 | 2012 | 2018 |
---|---|---|---|---|
Revenues | 5.0m | 2.9m | 2.7m | <1m |
% growth | - | (42 %) | (5 %) | - |
EBITDA | - | - | - | <1m |
% EBITDA margin | - | - | - | 5 % |
Profit | (<1m) | <1m | <1m | <1m |
% profit margin | (9 %) | 1 % | 4 % | 2 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Grant | ||
$1.1m | Early VC | ||
N/A | Grant | ||
N/A | Grant | ||
* | £100k | Seed | |
Total Funding | CAD1.7m |
Related Content
Recent News about Andel
EditAndel is a leading developer of specialised leak detection, water sustainability, and environmental protection systems. The company serves a diverse range of clients, including residential homeowners, commercial businesses, and industrial facilities, all of whom are at risk from flooding, water, oil, or gas leaks. Operating in the environmental protection market, Andel offers a comprehensive suite of products such as water, oil, and gas leak detection sensors, temperature and humidity monitoring systems, and water sustainability solutions. Their business model revolves around selling these high-quality, rigorously tested products and providing exceptional aftercare services, including a 10-year warranty at no extra cost. Andel generates revenue through direct sales of their products, as well as through offering free seminars that count towards the annual CPD requirement for consulting engineers, thereby fostering long-term client relationships and promoting industry best practices. The company is committed to sustainability, aiming to be carbon neutral and supporting customers in achieving their environmental objectives.
Keywords: leak detection, water sustainability, environmental protection, flood prevention, oil leak sensors, gas leak sensors, temperature monitoring, humidity monitoring, CPD seminars, carbon neutral.