Eseye
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 11.2m | 11.7m | 15.0m | 17.8m | 20.0m | 26.1m | 25.3m |
| % growth | 13 % | 4 % | 29 % | 18 % | 12 % | 31 % | (3 %) |
| EBITDA | (2.3m) | (1.0m) | (3.2m) | (1.9m) | (4.3m) | (4.2m) | - |
| % EBITDA margin | (20 %) | (9 %) | (22 %) | (11 %) | (21 %) | (16 %) | - |
| Profit | (2.5m) | (2.1m) | (4.6m) | (3.9m) | (6.2m) | (6.7m) | - |
| % profit margin | (23 %) | (18 %) | (30 %) | (22 %) | (31 %) | (26 %) | - |
| R&D budget | 5.0m | 6.0m | <1m | <1m | <1m | - | - |
| R&D % of revenue | 45 % | 51 % | - | 1 % | 1 % | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
N/A | Grant | ||
| N/A | N/A | Seed | |
£6.2m | Series A | ||
| N/A | £1.9m | Series A | |
£2.4m | Series A | ||
| N/A | £1.6m | Series A | |
£15.0m | Series B | ||
$23.6m | Late VC | ||
$6.3m Valuation: $95.1m 4.3x EV/LTM Revenues -20.2x EV/LTM EBITDA | Late VC | ||
* | $12.8m | Debt | |
| Total Funding | CAD89.6m | ||
Related Content
Recent News about Eseye
EditEseye is a leading provider of Internet of Things (IoT) solutions, specializing in global connectivity, data analytics, and device management. The company serves a wide range of clients, including those in the electric vehicle (EV) charging, healthcare, and renewable energy sectors. Operating in the IoT market, Eseye offers a comprehensive suite of services that empower businesses to deploy and manage IoT devices across the globe without connectivity limitations.
Eseye's business model revolves around providing IoT connectivity solutions that ensure devices can communicate reliably, regardless of their location. The company generates revenue through subscription-based services, offering clients scalable and secure IoT connectivity, data analytics, and device management platforms. By partnering with major industry players like Shell Recharge and Telli Health, Eseye has demonstrated its capability to deliver significant cost savings, improve operational efficiency, and enhance data transmission reliability.
The company also offers a range of resources, including whitepapers, industry-specific content, and thought leadership reports, to help businesses understand and leverage IoT technology effectively. With a team of IoT connectivity and deployment specialists, Eseye is well-positioned to assist clients in scaling their IoT projects and achieving their business objectives.
Keywords: IoT, global connectivity, data analytics, device management, EV charging, healthcare, renewable energy, subscription services, operational efficiency, scalable solutions.