Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues5.1m7.7m9.1m7.0m11.5m14.0m15.2m
% growth13 %53 %17 %(22 %)63 %22 %8 %
EBITDA(1.1m)(1.6m)(1.9m)(<1m)<1m--
% EBITDA margin(22 %)(20 %)(20 %)(11 %)2 %--
Profit(1.4m)(2.2m)(3.7m)(5.6m)(2.0m)--
% profit margin(27 %)(28 %)(41 %)(79 %)(18 %)--

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

-

N/A

Seed

N/A

Spinout
N/A

N/A

Seed
N/A

N/A

Seed

N/A

Early VC

N/A

Grant

€50.0k

Grant
*

N/A

Series A

€50.0k

Grant

€1.5m

Grant
*

€8.3m

Series B

€353k

Grant

€10.0m

Grant
*

€6.0m

Valuation: €41.5m

Series D
Total FundingCAD39.4m

Recent News about Worldsensing

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More about Worldsensinginfo icon
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Worldsensing is a technology company specializing in IoT (Internet of Things) wireless monitoring solutions for critical infrastructures. The company focuses on enhancing safety and efficiency in industries such as construction, mining, rail, and civil infrastructure. By providing data loggers and sensors, Worldsensing enables continuous monitoring of structural integrity for large-scale projects like bridges, tunnels, and tailings dams. This helps prevent incidents and ensures safer operations.

The company primarily serves clients in the construction, mining, and rail industries, as well as those involved in managing civil infrastructure. These clients benefit from real-time data that helps them make informed decisions about the maintenance and safety of their assets.

Worldsensing operates in the global market, with a presence in 70 countries. Its business model revolves around selling its IoT devices and offering related software services. The company generates revenue through the sale of its hardware products (sensors and data loggers) and through subscription-based software services that provide data analytics and monitoring capabilities.

The company has been recognized for its commitment to sustainability, being listed among 100 companies embracing circular economy practices. This means they focus on reducing waste and making the most of resources, which is increasingly important in today's business environment.

In summary, Worldsensing leverages IoT technology to provide critical monitoring solutions that enhance safety and efficiency in various industries. By offering both hardware and software solutions, the company ensures continuous monitoring and data-driven decision-making for its clients.

Keywords: IoT, wireless monitoring, critical infrastructure, construction, mining, rail, civil infrastructure, safety, data loggers, sensors.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.