Bird
Financials
Estimates*
EUR | 2017 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 41.0m | 366m | 434m | 582m | - |
% growth | - | - | 19 % | 34 % | - |
EBITDA | - | - | - | - | 80.0m |
Profit | - | - | (32.0m) | (63.6m) | - |
% profit margin | - | - | (7 %) | (11 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
$120k | Seed | ||
* | $62.6m | Series A | |
N/A | $40.0m | Series B | |
$200m Valuation: $3.0b | Series C | ||
* | $800m Valuation: $3.8b 9.4x EV/LTM Revenues | Series C | |
Total Funding | $1.1b |
Related Content
Recent News about Bird
EditMessageBird is a cloud-based communication platform that enables businesses to interact with their customers through various channels such as SMS, Voice, and Chat apps. The platform is designed to automate conversations and workflows, reducing manual tasks and improving efficiency. It serves a wide range of clients, including businesses in the energy, real estate, and entertainment sectors, among others.
The company operates in the growing market of customer communication platforms, which is driven by the increasing need for businesses to provide seamless and efficient customer experiences. MessageBird's business model is based on a software-as-a-service (SaaS) model, where clients pay a subscription fee to access the platform and its features.
MessageBird's platform allows businesses to create automated conversations without the need for coding, making it user-friendly and accessible to non-technical employees. This feature is particularly beneficial for businesses looking to quickly implement customer communication workflows. The platform also includes carrier route optimizations, which ensure reliable customer reach, even in hard-to-reach areas.
The company generates revenue through its subscription-based model, where clients pay for the services they use. This model provides a steady stream of recurring revenue, which is a positive indicator for financial stability.
Keywords: Cloud-based communication, Customer interaction, Automation, Workflow, Subscription model, User-friendly, Non-technical, Carrier route optimization, Recurring revenue, Customer experience.