Itineris

Itineris

Software and services company focused on customer service and billing solutions for utilities. Microsoft Gold Partner for ERP. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€64—96m (Dealroom.co estimates Apr 2022.)
Company register number 0474.964.260
Sint-Martens-Latem East Flanders (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues29.7m43.6m44.1m30.1m34.8m43.9m53.2m
% growth14 %47 %1 %(32 %)16 %26 %21 %
EBITDA5.2m<1m(1.8m)2.7m<1m--
% EBITDA margin18 %2 %(4 %)9 %---
Profit<1m(4.2m)(7.6m)(4.1m)(2.9m)(7.3m)(<1m)
% profit margin1 %(10 %)(17 %)(14 %)(8 %)(17 %)-
R&D budget-<1m(<1m)<1m6.7m10.2m-
R&D % of revenue--(1 %)1 %19 %23 %-

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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€8.5m

Early VC

$10.0m

Early VC
*

€10.3m

Early VC
*

€16.0m

Late VC
Total Funding€43.9m

Recent News about Itineris

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More about Itinerisinfo icon
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Itineris specializes in delivering Customer Information System (CIS) and Enterprise Resource Planning (ERP) solutions tailored for utility companies. Operating primarily in the utilities sector, Itineris serves clients such as water, gas, and electric utilities, helping them modernize their customer service and billing solutions. The company's flagship product, UMAX, is built on the Microsoft Dynamics 365 platform, providing a flexible and integrated enterprise solution. Itineris generates revenue through the sale of its software solutions, as well as through ongoing support and consulting services. The business model is centered around long-term partnerships with utility companies, ensuring continuous improvement and adaptation to industry needs. Key clients include major city utilities like the New York City Department of Environmental Protection and the Boston Water and Sewer Commission. The company is currently expanding, with plans to add 60 professionals to its team to support its growth.

Keywords: CIS, ERP, utilities, Dynamics 365, UMAX, customer service, billing solutions, water utilities, gas utilities, electric utilities.

Tech stack

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

Investments by Itineris

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Opinum
ACQUISITION by Itineris Nov 2021