Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues169m192m216m237m255m272m299m
% growth11 %14 %12 %9 %8 %7 %10 %
EBITDA1.4m2.5m3.3m19.3m21.7m24.8m31.9m
% EBITDA margin1 %1 %2 %8 %9 %9 %11 %
Profit(2.4m)(1.8m)(3.7m)(<1m)(8.5m)(7.0m)(1.1m)
% profit margin(1 %)(1 %)(2 %)-(3 %)(3 %)-
EV / revenue1.7x2.2x1.6x1.2x1.1x1.0x0.8x
EV / EBITDA205.2x169.0x104.5x15.1x12.3x10.5x7.6x
R&D budget36.1m38.2m45.9m----
R&D % of revenue21 %20 %21 %----
  • Edit
DateInvestorsAmountRound
-

N/A

-

$8.0m

Series A
N/A

$18.0m

Series B

$12.0m

Series B

$16.0m

Series C

$18.3m

Series D

$710k

Series D

$3.0m

Debt

$17.3m

Late VC

$5.1m

Early VC
N/A

N/A

IPO
*

$30.0m

Post IPO Debt
Total Funding$95.4m

Recent News about Ooma

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More about Oomainfo icon
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Ooma, Inc. is a telecommunications company that provides innovative communication solutions for both residential and business clients. The company operates primarily in the VoIP (Voice over Internet Protocol) market, which allows users to make voice calls using a broadband internet connection instead of a regular phone line. This technology is particularly appealing to those looking to reduce their phone bills while maintaining high-quality service.

For residential customers, Ooma offers devices like the Ooma Telo, which connects to a user's internet and existing home phone to provide clear, reliable phone service. This service includes features such as voicemail, caller ID, call waiting, and 911 service, often at a fraction of the cost of traditional phone services.

On the business side, Ooma caters to small and medium-sized enterprises (SMEs) with its Ooma Office product line. This suite includes advanced features like virtual receptionists, extension dialing, conferencing, and mobile app integration, which are crucial for modern business operations. Ooma's business solutions are designed to be easy to set up and manage, making them an attractive option for companies without dedicated IT staff.

Ooma's business model revolves around selling its hardware devices and then offering subscription-based services. The initial purchase of an Ooma device is a one-time cost, but users typically subscribe to various service plans that provide additional features and benefits. This recurring revenue model ensures a steady income stream for the company.

In summary, Ooma is a key player in the VoIP market, providing cost-effective and feature-rich communication solutions for both homes and businesses. By focusing on ease of use and affordability, Ooma has carved out a niche in the competitive telecommunications landscape.

Keywords: VoIP, telecommunications, Ooma Telo, residential service, business solutions, SMEs, subscription model, cost-effective, easy setup, advanced features.

Tech stack

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

Investments by Ooma

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Talkatone
ACQUISITION by Ooma May 2014
2600hz
ACQUISITION by Ooma Oct 2023
butterfleye
ACQUISITION by Ooma Dec 2017
OnSIP
ACQUISITION by Ooma Sep 2022
Broadsmart Global
ACQUISITION by Ooma May 2019
Voxter Communications
ACQUISITION by Ooma Mar 2018