Remarkable

The next-generation paper tablet.

Launch date

Jan 2013

Employees

501-1000 people

Market cap

Enterprise valuation

$1.0b (Public information from May 2022)

Company register number 917352836

Oslo Norway (HQ & founding location)

https://remarkable.com/

https://twitter.com/remarkablepaper https://www.linkedin.com/company/remarkable-as https://apps.apple.com/app/id1274957816 https://play.google.com/store/apps/details?id=com.remarkable.mobile

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Revenues, earnings & profits over time

EUR	2017	2018	2019	2020	2021	2022	2023
Revenues	19.6m	24.0m	40.6m	134m	294m	298m	297m
% growth	71192 %	22 %	69 %	229 %	120 %	1 %	-
EBITDA	<1m	(1.0m)	(2.3m)	10.1m	27.9m	10.9m	-
% EBITDA margin	-	(4 %)	(6 %)	8 %	9 %	4 %	-
Profit	(<1m)	(1.1m)	(2.6m)	4.2m	17.4m	2.6m	-
% profit margin	(1 %)	(4 %)	(6 %)	3 %	6 %	1 %	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	StartupLab	N/A	-
Jul 2015	N/A	$9.0m	Seed
Oct 2019*	Spark Capital	$15.0m	Series A
May 2022*	N/A	N/A Valuation: $1.0b 3.1x EV/LTM Revenues 32.5x EV/LTM EBITDA	Late VC
Oct 2023*	N/A	NOK500m	Debt
Total Funding		$24.0m

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