Secondmind
A cloud-based decision-making platform powered by AI.
Launch date
Employees
Market cap
-
Enterprise valuation
€94m (Public information from Nov 2023)
Company register number 09973282
Cambridge England (HQ)
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 4.1m | <1m | 2.1m | 1.6m | 2.9m | 2.7m |
% growth | - | (88 %) | 300 % | (24 %) | 83 % | (6 %) |
EBITDA | - | (17.9m) | (15.7m) | (12.1m) | (7.6m) | - |
% EBITDA margin | - | (3480 %) | (765 %) | (773 %) | (264 %) | - |
Profit | - | (15.0m) | (15.3m) | (12.7m) | (8.8m) | - |
% profit margin | - | (2920 %) | (745 %) | (809 %) | (307 %) | - |
R&D budget | - | - | <1m | <1m | <1m | - |
R&D % of revenue | - | - | 14 % | 20 % | 16 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
* | £1.5m | Seed | |
N/A | Grant | ||
* | £10.0m | Series A | |
N/A | N/A | Early VC | |
* | €18.9m Valuation: €78.9m | Series B | |
£8.8m | Late VC | ||
* | €14.6m Valuation: €94.3m 32.8x EV/LTM Revenues -12.4x EV/LTM EBITDA | Late VC | |
Total Funding | €57.8m |
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