Woodio
Woodio offers an eco-friendly alternative to ceramic bathroom goods. Woodio's substance is 100% waterproof and made from wood chips and biobased polymers. Learn more
Launch date
Employees
Market cap
-
Enterprise valuation
$72—108m (Dealroom.co estimates Jun 2023.)
Company register number 2712152-3
Helsinki Uusimaa (HQ)
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | <1m | <1m | <1m | <1m | 1.3m | 1.5m |
| % growth | - | (60 %) | 400 % | 50 % | 33 % | 225 % | 13 % |
| EBITDA | - | (<1m) | (1.5m) | (1.5m) | (1.5m) | (1.4m) | - |
| % EBITDA margin | - | (1635 %) | (733 %) | (499 %) | (379 %) | (105 %) | - |
| Profit | - | (<1m) | (1.6m) | (1.7m) | (1.7m) | (1.6m) | - |
| % profit margin | - | (1798 %) | (817 %) | (561 %) | (434 %) | (125 %) | - |
| R&D budget | <1m | <1m | <1m | <1m | - | - | - |
| R&D % of revenue | 100 % | 100 % | 100 % | 133 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
€2.0m | Seed | ||
€4.0m | Secondary | ||
* | €2.5m | Grant | |
€1.0m | Convertible | ||
€700k | Convertible | ||
* | €16.3m | Early VC | |
| Total Funding | $24.8m | ||
Recent News about Woodio
EditMore about Woodio
EditDeveloper of design-oriented material technology offered to provide varied designs for bathrooms. The company develops wood material technology which is fully waterproof wood composite and consists of real wood chips, providing customers with fully recyclable advanced biomaterials to redesign their bathroom.
Keywords: New Materials and Construction, Built Environment, Design Technology, Material Branding, Materials Technology, Wood Composite Product, Wood Composites Design, Wood Design.
Tech stack
Tech stackLearn more about the technologies and tools that this company uses.