Rightware
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Revenues | 9.9m | 11.8m | 14.0m | 14.7m | 20.4m |
% growth | - | 20 % | 18 % | 5 % | 39 % |
EBITDA | <1m | 1.3m | 1.4m | 1.4m | 2.0m |
% EBITDA margin | 4 % | 11 % | 10 % | 10 % | 10 % |
Profit | <1m | <1m | 1.1m | 1.1m | 1.7m |
% profit margin | 1 % | 8 % | 8 % | 7 % | 8 % |
R&D budget | 10.0m | 10.0m | 10.0m | 10.0m | - |
R&D % of revenue | 101 % | 84 % | 72 % | 68 % | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
€3.0m | Series A | ||
N/A | Early VC | ||
$5.2m | Series B | ||
* | €64.0m Valuation: €64.0m | Acquisition | |
Total Funding | AUD13.1m |
Related Content
Recent News about Rightware
EditRightware is a pioneering company specializing in UI design software and HMI (Human-Machine Interface) development for the automotive industry. The company's flagship product, Kanzi, enables the rapid creation and deployment of visually stunning user interfaces for cars, including digital instrument clusters, infotainment systems (IVIs), and heads-up displays (HUDs). Serving over 50 automotive brands globally, Rightware empowers automakers to maintain complete control over the user experience and visual brand identity from prototype to series production. The company operates in the automotive market, targeting OEMs (Original Equipment Manufacturers) and Tier 1 suppliers. Rightware's business model revolves around licensing its Kanzi software and providing associated services, generating revenue through software licenses, maintenance contracts, and professional services. The company's rich heritage in gaming, graphics benchmarking, and mobile app development uniquely positions it to deliver cutting-edge technology and services that foster creativity and efficiency in automotive UI design.
Keywords: UI design software, HMI development, automotive, digital cockpits, Kanzi, instrument clusters, infotainment systems, HUDs, OEMs, Tier 1 suppliers.