Rimilia
Financials
Estimates*
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|
Revenues | 2.6m | 3.9m | 4.6m | 6.2m | 7.6m | 17.4m |
% growth | - | 51 % | 16 % | 35 % | 23 % | 128 % |
EBITDA | <1m | (<1m) | (4.2m) | (5.0m) | (5.8m) | (6.8m) |
% EBITDA margin | 14 % | (3 %) | (91 %) | (81 %) | (76 %) | (39 %) |
Profit | <1m | (<1m) | (5.5m) | (6.3m) | (6.8m) | (7.3m) |
% profit margin | 9 % | (6 %) | (120 %) | (102 %) | (90 %) | (42 %) |
R&D budget | - | <1m | 3.3m | 5.0m | 5.0m | - |
R&D % of revenue | - | 19 % | 73 % | 81 % | 66 % | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$25.0m | Late VC | ||
* | $15.0m | Late VC | |
N/A | Acquisition | ||
Total Funding | €36.4m |
Related Content
Recent News about Rimilia
EditRimilia is a financial technology company specializing in automated cash allocation and financial management solutions. The company leverages artificial intelligence (AI) and machine learning to streamline the order-to-cash process, which includes matching customer invoices to payments, managing customer disputes, and automating credit approval and processing. Rimilia's software is designed to serve businesses across various industries, helping them make smarter, more accurate finance and credit decisions. The company's primary clients are business leaders and financial shared services groups looking to improve efficiency and maximize revenue. Rimilia operates in the financial technology market, offering a subscription-based business model where clients pay for access to its software and services. The company generates revenue through these subscriptions and additional service fees for advanced features and support.
Keywords: AI, cash allocation, financial management, automation, machine learning, credit decisions, customer disputes, order-to-cash, shared services, revenue maximization.