Awingu
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 1.6m | - | - | - | - | 2.4m | 2.6m |
% growth | 93 % | - | - | - | - | - | 11 % |
EBITDA | (2.2m) | (3.5m) | (2.9m) | (2.4m) | (<1m) | (<1m) | - |
% EBITDA margin | (136 %) | - | - | - | - | (23 %) | - |
Profit | (2.3m) | (3.7m) | (3.0m) | (2.4m) | (<1m) | (<1m) | 1.9m |
% profit margin | (139 %) | - | - | - | - | (23 %) | 70 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
* | €2.7m | Early VC | |
N/A | $3.2m Valuation: $30.4m -35.6x EV/LTM EBITDA | Late VC | |
* | N/A | Acquisition | |
Total Funding | CAD8.4m |
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Recent News about Awingu
EditAwingu is a technology company that provides a browser-based workspace solution, allowing users to securely access server-based legacy SaaS applications, remote desktops, and files from any device, anywhere. The company primarily serves businesses of all sizes across various industries, including healthcare, finance, and education, that require secure and straightforward remote access solutions. Awingu operates in the secure remote workspace market, which has seen significant growth due to the increasing demand for remote work capabilities. The business model is subscription-based, where clients pay for licenses to use the Awingu platform. Revenue is generated through these recurring subscription fees, which provide clients with continuous access to the platform and its updates. Awingu's solution is designed to be simple and non-intrusive, both for end users and administrators, ensuring ease of deployment and management. The company also offers a range of deployment options, including private, public, and hybrid cloud environments, to cater to different infrastructural needs.
Keywords: browser-based workspace, secure access, remote desktops, SaaS applications, multi-factor authentication, subscription model, hybrid cloud, remote work, non-intrusive, deployment options.