Torqeedo
Torqeedo, the leader in electric propulsion: sustainable, powerful, convenient. Join us in clean boating!.
Launch date
Employees
Market cap
-
Enterprise valuation
$25—37m (Dealroom.co estimates Mar 2012.)
Company register number HRB 156207 (München)
Gilching Bavaria (HQ)
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 3.8m | 23.7m | 32.0m | 30.0m | 50.0m | 79.0m | 96.9m |
% growth | (84 %) | 518 % | 35 % | (6 %) | 67 % | 58 % | 23 % |
EBITDA | (2.3m) | - | - | - | - | - | - |
% EBITDA margin | (60 %) | - | - | - | - | - | - |
Profit | (2.5m) | - | - | - | - | - | - |
% profit margin | (65 %) | - | - | - | - | - | - |
R&D budget | <1m | - | - | - | - | - | - |
R&D % of revenue | 22 % | - | - | - | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
€4.7m | Early VC | ||
€5.6m | Series C | ||
* | N/A | Acquisition | |
* | N/A | Acquisition | |
Total Funding | $11.3m |
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