FORCIOT
High-quality sensor-based iot solutions and provide related integration services.
Launch date
Employees
Market cap
-
Enterprise valuation
$18—26m (Dealroom.co estimates Jan 2019.)
Company register number 2728899-9
Tampere Pirkanmaa (HQ)
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 1.0m | 1.2m | <1m | 1.1m | <1m | 1.2m | 1.2m |
| % growth | 47 % | 16 % | (61 %) | 152 % | (47 %) | 95 % | - |
| EBITDA | <1m | (<1m) | (1.3m) | (1.1m) | (1.9m) | (1.3m) | - |
| % EBITDA margin | 11 % | (16 %) | (282 %) | (97 %) | (311 %) | (114 %) | - |
| Profit | <1m | (<1m) | (1.3m) | (1.2m) | (2.1m) | (1.6m) | - |
| % profit margin | 4 % | (24 %) | (296 %) | (107 %) | (351 %) | (139 %) | - |
| R&D budget | 1.0m | - | <1m | 1.0m | - | - | - |
| R&D % of revenue | 100 % | - | 133 % | 88 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | €4.0m | Early VC | |
| Total Funding | $4.4m | ||
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